Clean Fuel
PIRA Energy: Stronger Asian LNG Demand, but Not Necessarily for Spot Cargos
PIRA Energy Group believes that there will be stronger Asian LNG demand, but not necessarily for spot cargos. In the U.S., eastern stocks are expected to be refilled. Europe says “Yes” to Russian gas and “Yes” to profiting from LNG diversions. Specifically, PIRA’s analysis of natural gas market fund
Russia: Gazprom, Ukraine Discuss Gas Injection into Underground Storage Facilities
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Vice Prime Minister of Ukraine. The parties discussed issues related to natural gas injection into underground storage facilities by Naftogaz Ukrainy for fulf
Gasol Posts Full Year Results (UK)
Gasol plc, the West African energy development company, announced its preliminary results for the year ended 31 March 2013. Operational highlights · Board strengthened by the appointments of Dr Rilwanu Lukman as the new non executive chairman and Fassine Fofana as a non executive director; · The Com
Fluxys Belgium: 18 LNG Carriers Unloaded at Zeebrugge in 1H
Fluxys Belgium said that during the first half of 2013, 18 ships were unloaded at the Zeebrugge LNG terminal compared with 23 during the same period in 2012. These 18 vessels carried a combined total of over 1 million tonnes of LNG from Ras Laffan in Qatar. Of the 18, four were Q-Flex-type ships, on
Peru LNG Cargo Heads for Spain
Peru LNG shipped a cargo of liquefied natural gas to Spain today, according to PeruPetro S.A. The cargo is being hauled by the Sevilla Knutsen, a 173.400 cubic-meter tanker operated by Knutsen OAS Shipping. The Peru LNG project includes two parts: an LNG plant with a marine terminal from which LNG i
Ukraine to Reduce Gas Consumption by 5 Pct
While preparing for the heating season a series of measures have been taken for the modernization of housing and communal services that will allow reducing natural gas consumption by up to 5% in the future. This was stated by Minister of Regional Development, Construction, Housing and Communal Servi
JKX Updates on R-103 Frac in Ukraine
JKX Oil & Gas reported that it has successfully completed the 10 stage multi-stage frac in well R-103 and the frac crew and equipment are now being demobilised. The remaining plugs separating the frac stages are currently being drilled out and flow-back has commenced. This flow-back phase is expecte
GAZ-SYSTEM Receives Pipes for Construction of Gas Pipelines (Poland)
On 23 August 2013, the last batch of 700 mm pipes was delivered to the construction site of the Rembelszczyzna – Gustorzyn pipeline. This means that the framework agreement of 26 January 2011 concerning the supply of approximately 890 km (184,000 tonnes) of insulated steel pipes to construct gas pip
Norway: Hoegh LNG Q2 Income Rises
Höegh LNG announced results for the period ended 30 June 2013. Highlights Total income USD 51.3 million, up from USD 32.3 million in the second quarter 2012 Operating profit before depreciation USD 7.3 million, down from USD 9.7 million in the second quarter 2012 Loss before tax USD 6.0 million, com
PostNL Tests Bio LNG Truck (The Netherlands)
PostNL added a super clean truck that runs on LNG which stands for ‘liquid natural gas’ but it is actually ‘liquid biogas’ made from waste. The truck complies with the strictest environmental and noise requirements with this truck. LNG is an ideal fuel for heavier forms of transport, such as ships a
UK: Wood Group Now Offers Maintenance for Its Gas Turbine Service Line
Wood Group GTS has expanded its gas turbine service line and now offers maintenance, repair and overhaul for Solar® Mars® and Siemens® SGT 200 (Tornado) dry low emissions and SGT 100 (Typhoon) gas turbines. Wood Group GTS is the first independent service provider to offer aftermarket services for al
Belgium to Get LNG Cargo from Qatar
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the 145,602 cbm Milaha Qatar on September 12, according to the Zeebrugge Port Authority. The Zeebrugge liquefied natural gas terminal is situated on a 30ha site in the outer port of Zeebrugge.
UK: Kentz Sees Profits Rise
Kentz Corporation Limited, the holding company of the Kentz engineering and construction group, today announced its unaudited group results for the six months ending 30 June 2013. Financial Highlights Record backlog of US$2.8 billion up 12% since June 2012 (US$2.5 billion) with 80%1reimbursable cont
Awilco LNG Q2 Net Profit at USD 9.6 Mln (Norway)
Awilco LNG of Norway, owner of three 125,000 cbm LNG vessels, reported freight income of MUSD 9.6 in the first quarter of 2013 and an EBITDA of MUSD 2.3. The decrease was due to lower utilisation and charter rates for WilEnergy. Fleet utilisation for the quarter ended at 54 %, compared to 62 % in Q1