Snam Rete Gas, FluxSwiss, Fluxys TENP and Fluxys Belgium have launched their coordinated market process for interested shippers to book long-term gas transmission capacity from the Italian trading point PSV through Switzerland to the NCG and Gaspool trading points and/or the ZTP trading point in Bel
The Al Gattara liquefied natural gas tanker, with a capacity of 216,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on December 27, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capabl
On December 20th 2012, an extremely difficult and complicated operation of concreting the first tank’s roof has been started at the construction site of Swinoujscie liquefied natural gas (LNG) receiving terminal. Covering the roof with concrete is a continuous operation and will take approximately 4
Recent announcements by the UK Government concerning shale gas, including establishing the ‘Office of Unconventional Gas and Oil’ and new fiscal incentives are not enough to ensure the development of UK shale gas says Wood Mackenzie. The independent research company stresses that the commercial viab
Lloyd’s Register has provided approval in principle (AIP) for the new ‘Clean Sky’ bulk carrier design incorporating an LNG-as-fuel system. COSCO, Golden Union and Lloyd’s Register started the project in June 2011 to investigate the potential to develop a commercially viable bulk carrier design based
An agreement has been signed to merge DNV and GL. The new entity will be called DNV GL Group. It will be one of the world’s leading ship classification societies and risk experts in the oil and gas, renewable energy and power sectors, and among the global top three within management system certifica
The Gazprom Board of Directors took notice of the information on the Company’s preliminary operating results of 2012, projected Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2014–2015. The Board of Directors approved Gazprom’s Investment Program, Budget (F
Royal Dutch Shell plc announced that it has issued 34,249,652 A Ordinary shares in relation to the scrip dividend programme for the third quarter 2012 interim dividend. Following this issue, the total number of A shares in issuance is 3,772,388,687 and the total number of B shares is 2,617,715,189.
Polskie Górnictwo Naftowe i Gazownictwo SA has adopted the Short-Term Value Creation Strategy for the PGNiG Group until 2014. Its objective is to prepare the Company for operating in a liberalised gas market. The PGNiG Group wants to maintain its lead in the exploration and production industry, whil
NGVA Europe released its latest statistical update for the European and worldwide markets, reflecting data as per mid 2012. Several corrections have been applied to previously published figures on some of the ‘big countries’ like Italy, making the total EU NGV running park fall back to the numbers p
DNV has been awarded the contract to class PETRONAS’ first floating LNG unit (PFLNG 1), destined for the Kanowit field offshore Sarawak, Malaysia. The unit will be 360m long and 60m wide and will be moored 180km from shore. It will produce 1.2 million tonnes a year (mtpa) of LNG, and is expected to
President of the Energy Regulatory Office approved a new, lower Tariff for gas transmission services submitted by GAZ-SYSTEM S.A. Under the new Tariff of GAZ-SYSTEM S.A., the cost of transporting 1,000 cubic metres of natural gas went down by 3.25 percent as compared to the previously applicable Tar
New terminal users have booked capacity at the Zeebrugge liquefied natural gas (LNG) terminal to load more than 200 small ships. This is a new step for the terminal in its development into a hub for supplying LNG as a ship fuel. Last month Fluxys LNG gave potential customers the option to book long-
Polskie Górnictwo Naftowe i Gazownictwo and TAURON Polska Energia signed a letter of intent concerning construction of a 400 MW gas-fired co-generation unit at TAURON’s Łagisza Power Plant. The parties undertook to collaborate in construction and operation of the unit, as well as trading in electric
