The GAS NATURAL FENOSA wholesale marketing subsidiary, Gas Natural Comercializadora, has won an international public tender to supply natural gas to Portugal, tendered by the Portuguese company Transgâs Armanzenagem. The Spanish multinational will provide 431 gigawatts (GWh) of natural gas per hour,
1) Australia: Woodside to Explore FLNG at Browse Woodside said that it has entered into an agreement with Shell that sets out the key principles that would apply if the Browse resources are developed using Shell’s Floating LNG (FLNG) technology. 2) Hoegh LNG: Lithuania FSRU Construction in Full Swin
Portugal’s Port of Sines will receive a shipment of liquefied natural gas from Qatar this month, according to the Port of Sines website. The Ejnan liquefied natural gas carrier, with a capacity of 145,000 cubic meters, is expected to arrive at the Sines terminal on May 16. The terminal is held by RE
This April, the Swedish Government proclaimed a triannual extension of an existing incentive for cars powered by alternative fuels. Energy Minister Anna-Karin Hatt announced the government’s decision, which will prolong the reduced tax benefit until the end of 2016, applicable for company cars power
Höegh LNG of Norway said Friday that its floating LNG storage and regasification unit (FSRU) to be used as an LNG import terminal in Lithuania is almost complete for launching. The FSRU is being built at HHI’s shipyard in Ulsan, South Korea. In March 2012 Höegh LNG entered into a firm ten year time
The global summits organiser, IRN, announced the launch of its inaugural Arctic Oil & Gas 2013 Summit that will take place on 18th-19th June, in Oslo, Norway. The summit will create a platform that will facilitate discussions amongst the major key players of the Arctic circle all the way through Rus
The Bu Samra LNG tanker, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal on May 9, port data says. This is the third LNG tanker expected to ariive at the South Hook terminal in the next seven days. The South Hook terminal can process 15.6 million […]
Foster Wheeler reported net income for the first quarter of 2013 of $13.0 million, or $0.12 per diluted share, compared with $40.6 million, or $0.38 per diluted share, in the first quarter of 2012. Net income in both quarterly periods was impacted by net asbestos-related provisions. Excluding such i
The Shah Deniz consortium has begun evaluating binding transportation offers from the two pipeline consortia offering to carry gas from the Shah Deniz field in Azerbaijan into Europe. This represents another important milestone in the realisation of the Southern Gas Corridor. The two consortia, Nabu
NRG Expert Analyst Edgar van der Meer was recently interviewed by TV Channel Russia 24. He offered some insight into the current state of the shale gas market in the United States. “The shale gas market has grown steadily in the US and will likely continue” said van der Meer. “Domestic natural gas p
Shell said today in the company’s first quarter report that its equity LNG sales volumes of 5.15 million tonnes were broadly similar compared with the same quarter a year ago, reflecting the contribution from Pluto LNG, which was offset by lower volumes from Nigeria LNG due to reduced feedgas supply
PIRA Energy Group reports that LNG balances have loosened up considerably since the end of March. In the U.S., large year-on-year gas storage deficit propels Henry Hub cash prices. In Europe, weather limits risk to the downside of the gas markets. Specifically, PIRA’s analysis of natural gas market
LNG player Royal Dutch Shell on Thursday announced that Peter Voser, as Chief Executive Officer, has elected to retire from the company in the first half of 2014. Peter Voser was appointed CEO with effect from July 2009 and has been an Executive Director since 2004. Shell’s Chairman Jorma Ollila sai
US energy companies will benefit from the US becoming an exporter of liquefied natural gas (LNG) over the next several years, says Moody’s Investors Service in the report “The Prospect of US LNG Exports Influences Pricing and Gas Markets Worldwide.” Those who will gain the most from the US exports,
