Clean Fuel
Ukraine Urges EU to Decide on GTS Prospects
Ukraine wants to hear from the EU a definite answer on prospects for exploitation of its gas transportation system in the future. This was stated by Prime Minister Mykola Azarov at a meeting with EU Commissioner for energy, Günther H. Oettinger last week. “The issue of modernization of our gas trans
Offshore Energy 2013 Ready to Start
Everything is falling into place at the exhibition floor of the 6th edition of the Offshore Energy event in Amsterdam, the Netherlands as the exhibitors put the final touches on their stands. Over 500 offshore companies will be showcasing their latest developments and products in three exhibition ha
UK: Grain LNG Gets Cargo
UK’s Grain LNG terminal received a cargo of LNG onboard the 263,000 cbm Al Ghuwairiya from Qatar on Saturday, shipping data reveals. Grain LNG is the UK’s first modern LNG facility and can hold almost 1 million cubic metres of liquefied natural gas in store. The terminal is situated on the Isle of G
Spain: Gas Natural Fenosa Closes Bond Issue
Gas Natural Fenosa closed a bonds issue for an amount of 500 million euros with maturity in April 2021. This issue was established with an annual coupon of 3,5% and a new bond issue price of 99.82% of par value. Demand exceeded 2.3 billion euros, with 250 orders from a wide range of institutional in
RWE Dea UK Commences Breagh Gas Production
RWE Dea UK has started gas production from the Breagh gas field located in the UK Southern North Sea. The first three wells brought into production had an initial total flow rate of 2.75 million cubic metres of gas per day. Total reserves of the Breagh field are estimated at approximately 19.8 billi
Gasol Consortium Preferred Bidder for Malta LNG Project
Gasol, the West African energy development company, said that, as part of a consortium called Electrogas Malta, it has been selected as preferred bidder for a LNG-to-power project by Malta’s state power utility Enemalta, as the country aims to lower its energy costs. Electrogas, a consortium made up
Russia: Sakhalin Energy Hits LNG Milestone
Sakhalin Energy said it has offloaded the 700th LNG cargo from Prigorodnoye production complex on Thursday. The first LNG cargo was produced and delivered by the company in 2009, when the first Russia’s LNG plant has been launched by Sakhalin Energy. The cargo was loaded to Fuji LNG carrier to be de
FLEX LNG May Put Itself Up for Sale, UK
FLEX LNG said it has has decided to commence a process to explore strategic alternatives that are available to the company. The outcome of such a process may be, inter alia, FLEX LNG being part of a business combination; a full or partial sale of the company or its assets; or FLEX LNG entering into
Russia: Novatek Gas Production Up
NOVATEK’s gross production in the third quarter of 2013 totaled 14.53 billion cubic meters (bcm) of natural gas and 1,143 thousand tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 1.21 billion cubic meters, or by 9.1%, and gross liquids production increased b
Dynagas of Greece to Raise USD 150 Mln in IPO
Dynagas of Greece, the LNG shipping arm of the George Prokopiou shipping enterprises, has filed with the US Securities and Exchange Commission to raise up to $150 million in an initial public offering. The company plans to list on the NASDAQ under the symbol DLNG. Dynagas manages its own LNG ships,
Trelleborg Releases Whitepaper on FLNG Systems Integration Requirements
Trelleborg has launched a new whitepaper and on-demand webinar for the Liquefied Natural Gas (LNG) sector, discussing the complexities of systems integration requirements in docking, mooring and transfer for the rapidly evolving FLNG market. Richard Hepworth, President of Trelleborg’s Marine Systems
Fluxys Launches Online Scheduling Tool for LNG Truck Loadings, Belgium
LNG truck loading at the Zeebrugge LNG terminal has boosted over the past few years and Fluxys has innovated its service offer to enhance availability and flexibility. The current subscription window offers customers the opportunity to secure the number of loading slots they wish to use from 2014 un
PIRA: LNG Tanker Set to Receive Rush of New Supply
PIRA Energy Group reports that LNG tanker is set to receive rush of new supply. In the U.S., regional prices largely tracking benchmark Henry Hub. In Europe, the LNG contract/storage relationship becomes central to European supply outlook. Specifically, PIRA’s analysis of natural gas market fundamen
Russia: Ufa Meeting Focuses on UGSS Capabilities
Ufa hosted the 9th meeting of representatives of dispatcher services from Gazprom’s gas production and transmission companies. The meeting was chaired by Boris Posyagin, Head of the Central Operations and Dispatch Department of Gazprom. In addressing the meeting, he noted that due to Gazprom’s consi