Clean Fuel
Russia: Gazprom Sales Climb 25 Pct
Gazprom of Russia said its net sales of gas increased by RUB 182,329 million, or 25%, to RUB 903,819 million in the three months ended March 31, 2013 compared to the three months ended March 31, 2012. For the three months ended March 31, 2013 net sales of gas to Europe and other countries increased
Fairmount Tugs Deliver FSRU Toscana, Italy
Tugs Fairmount Summit and Fairmount Alpine have delivered the very first floating ‘gas plant’ in the world, the FSRU Toscana, safely offshore Livorno, Italy. The Toscana, an one of a kind unit, was towed from Dubai via Malta where final equipment was installed. After delivering the Toscana, both Fai
Finland: Wartsila Clinches Integrated Solutions Contract for New Siem Offshore LNG PSV
Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded the contract to supply the design and an integrated solution for a new large platform supply vessel (PSV). The ship will operate primarily on liquefied natural gas (LNG) and is owned by Siem Offshore, the Norwa
FLEX Settles Dispute with SHI, Signs LNG Shipbuilding Deal
FLEX LNG revealed in a statement released on Monday that it has executed with Samsung Heavy Industries (SHI) a binding and final settlement agreement. As a result, arbitration proceedings have been discontinued and all actual and potential claims and counterclaims arising out of past relationships a
Top News of The Week August 26-30, 2013
VIDEO: QCLNG Jetty Nearly Complete (Australia) As QGC approaches the final stages of construction to deliver first LNG in 2014, the company provided a video update of where the QCLNG project is in this phase of the project. Construction of the LNG jetty, the final component in the LNG transfer chain
Lithuania: Klaipedos Nafta Signs Agreement for Disbursement of Funds for LNG Terminal
AB Klaipėdos Nafta and AB Amber Grid signed the agreement for disbursement of funds of the liquefied natural gas terminal. Amber Grid, performing the activities of the operator of the natural gas transmission system of the Republic of Lithuania, acts under the procedure and conditions set by legal a
Amsterdam to Host NGV Conference
November 25-26, Amsterdam will host the Natural Gas Vehicle Conference and Exhibition, organised by FC Business Intelligence and endorsed by NGVA Europe. The conference will address key issues with regard to the development of a profitable and sustainable market for heavy duty natural gas vehicles.
Trinidad LNG Cargo Heads for Spain
Trinidad and Tobago’s Point Fortin LNG terminal shipped a liquefied natural gas cargo to Spain yesterday, according to shipping data. The cargo is being hauled by the 137,814 cubic-meter Hispania Spirit, and it is due to arrive at Spain’s Cartagena terminal on September 11. The Point Fortin LNG term
Exmar 1H EBIT at USD 73.8 Mln (Belgium)
Exmar reported the provisional results for the first half of 2013. The Group has an operating result (EBIT) of USD 73.8 million for the first semester 2013, including 52.8 USD million capital gain on the sale of 50% of EXMAR LPG to Teekay LNG Partners (USD 52.5 million for the first semester 2012).
Sovcomflot Profit Down, Russia
OAO Sovcomflot (SCF), Russia’s largest shipping company and a global leader in seaborne energy transportation and offshore services, today announced its financial and operating results for the second quarter and six months ended 30 June 2013. Highlights: Gross revenue (Freight and Hire) of USD 628.4
LNG Carrier Due at UK South Hook
UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG on September 5, according to the Milford Haven Port Authority website. The Lijmiliya LNG tanker, with a capacity of 263,oo0 cbm, is transporting the cargo from Ras Laffan, Qatar. The South Hook terminal can process
Norway: Statoil Extends Viking Princess Contract
Statoil has declared its option for one year extended period for the Time Charter party with Eidesvik Offshore for the environmental friendly LNG powered PSV Viking Princess. The extended period starts ultimo November 2013. This is the first of two yearly options on this contract. “We are pleased wi
NGVA Europe: EU Selects Seven LNG Projects for Financial Support
The Trans-European Network for Transport (TEN-T) Call 2012 (Multi-Annual Call and Annual Call combined) makes €1.597 billion available to finance European transport infrastructure projects covering all transport modes – air, rail, road, and maritime/inland waterways – plus logistics and intelligent
Wartsila Names VP for New 4-Stroke Organisation (FInland)
Mr Roger Holm has been appointed Senior Vice President, 4-stroke, and member of the Ship Power management team as of 1 September 2013. In this position, he is responsible for Wärtsilä’s 4-stroke activities globally. Mr Holm joined Wärtsilä in 1997 and has held several managerial positions, most rece