LNG player Royal Dutch Shell said that it has issued 23,636,713 A Ordinary shares in relation to the scrip dividend programme for the first quarter 2013 interim dividend. Following this issue and the cancellation of shares previously bought back and announced, the total number of A shares in issuanc
The National Control Commission for Prices and Energy (NCCPE) on Thursday adopted its decision on the validity of AB Lietuvos Dujos natural gas transmission price cap. It also includes the component of the natural gas transmission price cap (LNG terminal-extra tariff component) and specific natural
Cuadrilla has welcomed the British Geological Survey’s estimate of the amount of natural gas locked within the shale rock of Lancashire’s Bowland Basin. The substantially increased estimate, arrived at after extensive study of the available data from a number of sources, makes clear the enormous pot
Contracts for building the first LNG-fuelled ferry for domestic Danish trade have now been signed. This represents a major milestone as the ship will be the first LNG-fuelled ferry designed for domestic trade in the EU. 1 October 2014 is the date set for the ferry’s first journey between the island
Alexey Miller, Chairman of the Gazprom Management Committee and Evgeny Bakulin, Head of NAK Naftogaz Ukrainy met on Wednesday in Moscow. The decision was made that Gazprom would grant a USD 1 billion advanced payment to Naftogaz Ukrainy for gas transit. With these funds, the Ukrainian company will p
The Shah Deniz II consortium informed OMV, as a shareholder of NABUCCO Gas Pipeline International Gmbh (NGPI), about the decision on their preferred gas transportation route to Europe. The Nabucco West project was not selected by the consortium. While OMV accepts the decision of the consortium, OMV
On 21st June and for the 17th time running – TGE Marine hosted its acclaimed Symposium in Bonn Germany. High profile speakers from Anthony Veder, Wison, Joachim Grieg and Bureau Veritas addressed topics such as the world’s first LNG-FLSRU, design concepts of small LNG-carriers, LNG fuel gas systems
Repsol said its Board of Directors has unanimously rejected the compensation offer it had received for the expropriation of YPF and which had been analyzed. Following an exhaustive technical and economic internal analysis, supported by external specialist reports, the Board of Directors considered u
The Greek Government (the Ministry of Energy, Environment and Climate Change – MEECC) and the Trans Adriatic Pipeline (TAP) project have signed the Host Government Agreement (HGA) in Athens, agreed in principle last week. The HGA sets out the framework by which the project will be realized and opera
The Republic of Cyprus, today signed a Memorandum of Understanding in respect of the Cyprus Liquefied Natural Gas Project with Noble Energy International Ltd , Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership, that were granted in 2008 a Production Sharing Contract fo
The executive board meeting of the Gas Exporting Countries Forum (GECF) held in Doha discussed final arrangements for the 2nd Gas Summit to be held in Moscow on July 1. They also discussed preparations for the extraordinary ministerial meeting to be held in the Russian capital on June 29. The meetin
In April TGE Marine Gas Engineering signed a contract with Dalian Inteh Group for the design and supply of the gas handling system as well as cargo tank material package for a 28,000 cbm LNG-carrier which came into effect in mid-June. The ship will be built at COSCO Dalian Shipyard and is scheduled
Ukraine policy expert Taras Kuzio argues shale gas exploration in Ukraine will boost energy independence and national security for both Kiev and Washington. Writing for the Alaska Dispatch, Kuzio writes: “The shale gas revolution represents a strategic milestone in Ukraine’s new drive for energy ind
NOVATEK, Russia’s largest independent gas producer, said it has received notice from Total E&P Arctic Russia notifying the company that they have increased their equity stake in NOVATEK to 16.0%. NOVATEK and Total are jointly developing the Yamal LNG project in Russia. NOVATEK’s share in OAO Yamal L
