On 28th March, 2013 the Trans Adriatic Pipeline (TAP) project submitted a comprehensive transportation bid (known as the Decision Support Package or DSP) to the Shah Deniz consortium. Building on the information that TAP provided in October 2011, the DSP will be assessed by the Shah Deniz consortium
The Ejnan liquefied natural gas carrier, with a capacity of 145,000 cubic meters, is due to arrive in Belgium’s Zeebrugge LNG terminal from Qatar on April 10, according to the Port of Zeebrugge website. The Zeebrugge LNG terminal is situated on a 30ha site in the outer port of Zeebrugge. It is opera
NYK Energy Transport (Atlantic) Ltd, a London based subsidiary of Japanese NYK, a leading global shipping company, and the Paris-based GDF SUEZ, one of the world energy leader, have entered into a time charter of the “GRACE BARLERIA”. The LNG carrier joined the GDF SUEZ LNG fleet on 27th February 20
BP and its co-venturers Shell, ConocoPhillips and Chevron announced their decision to proceed with a two-year appraisal programme to look at the possibility of developing a third phase of the giant Clair field, west of the Shetland Islands. The initial commitment involves a two year programme to dri
Royal Dutch Shell announced that it has issued 25,586,312 A Ordinary shares in relation to the scrip dividend programme for the fourth quarter 2012 interim dividend. Following this issue and the cancellation of shares previously bought back and announced, the total number of A shares in issuance is
The Spanish fleet of gas-powered vehicles currently numbers some 3.700 units, equalling an increase of 14% in the last year (some 3.200 units by the end of 2011). As a result the market share for natural gas vehicles increased by 9%. On the commercial vehicle side Spain counts some 1.192 trucks, mai
Led by Alexey Miller, Chairman of the Gazprom Management Committee the Company’s delegation paid a visit today to the Republic of Serbia. As part of the visit, working meetings took place with Tomislav Nikolic, President of the Republic of Serbia and Ivica Dacic, Serbian Prime Minister. The parties
Congressman Tim Ryan met with German Chancellor Angela Merkel earlier today as part of a series of meetings led by the Congressman as part of the 30th Annual Congress-Bundestag Seminar of the Congressional Study Group on Germany. In addition to Merkel, the group met with members of the German Bundes
The Methane Kari Elin LNG carrier, with a capacity of 138,200 cubic metres, is due to arrive in the UK’s Dragon terminal from Trinidad and Tobago on March 31, according to the Milford Haven Port Authority website. BG of UK and Petronas of Malaysia have, between themselves, contracted for the full ca
NRG Expert, the energy market research company, reveals the effects the 2013 UK Budget has on the shale gas industry in the UK. The government’s budget offers a package of support for the UK shale gas industry, including a new shale gas field allowance and community benefits from shale gas projects.
IntercontinentalExchange and Gasunie announced the launch of ICE Endex, following receipt of competition clearance by the Office of Fair Trading (OFT) in the U.K. and the declaration of no-objection from the Dutch Ministry of Finance. The transaction completed on March 26, 2013. The launch of ICE En
PIRA Energy Group reports that the recent drop in Asian LNG spot prices confirms PIRA’s belief that the seasonal dip in 2Q13 Asian LNG demand would cut into spot prices. In the U.S., year-on-year gas storage deficits are on track to be significant by the end of March. In Europe, gas demand is above
Billions of pounds for home insulation from ECO is going unspent due to lack of national strategy to ensure this ECO money is spent and jobs are created in local communities. GMB, the union for energy workers, commented on the prospect for energy prices over the coming few years following the review
Höegh LNG of Norway and STX Pan Ocean (STXPO) said that they have renegotiated the initial agreement and reached a new one whereby Höegh LNG foregoes the right and obligation to take delivery of 50% of the LNG tanker STX Frontier in exchange for an option to buy 100% of the vessel. Höegh LNG announc
