Fluxys’ General Meeting of Shareholders has decided on a capital increase of over €140 million. The capital increase will support the continuation of Fluxys’ development in Europe and allows the company to maintain a solid equity/debt ratio. In the process, the Belgian Federal Holding and Investment
Iranian president Mahmud Ahmadinejad has said that Iran-Pakistan gas pipeline project would be completed by 2014. Ahmadinejad downplayed the financial constraints and US pressure on Islamabad to scrap the IP deal, and vowed to complete the pipeline project within the scheduled timeframe, AFP reporte
Polskie Górnictwo Naftowe i Gazownictwo SA, as the Leader of the Consortium under the name of Polskie Technologie dla Gazu Łupkowego (Polish Technologies for Shale Gas), filed 12 entries for the Blue Gas competition with the National Centre for Research and Development. The projects carry a total bu
BP Gas Turkey said that Russian based Oteko Group has agreed to buy its bottle, wholesale LPG, and Petgaz-branded autogas businesses. BP is retaining its BP-branded autogas business and plans to integrate it into BP Turkey’s Fuels Value Chain, which runs the company’s fuels business including its re
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Chikahito Harada, Ambassador Extraordinary and Plenipotentiary of Japan to the Russian Federation. The parties discussed the current status and the prospects for cooperation betw
Navantia, Reganosa and Gas Natural Comercializadora have signed a framework agreement to offer a comprehensive service that completes the repair cycle of gas carrier ships to bring them into operation, guaranteeing an even more attractive and competitive product for the operators of the ships, as we
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Energy and Coal Industry Minister. “The meeting regarded the prospects for strategic long-term cooperation,” Gazprom said in a statement. “The parties als
ConocoPhillips announced that it has notified government authorities in Kazakhstan and its co-venturers of the company’s intent to sell its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to ONGC Videsh Limited. Subject to various government approvals, Kazakhsta
Russia’s largest independent gas producer Novatek is continuing with its share buyback programme. Novatek said that pursuant to the company’s buyback program announced on 7 June, during the period from 16 through 23 November 2012, 485 thousand ordinary shares (including in a form of Global Depositar
As part of their strategic partnership, Daimler’s commercial vehicle division and Russian truck manufacturer Kamaz have signed a contract covering the supply of engines and axles for the Russian company’s trucks and buses. As a result, Kamaz will now receive OM 457 truck diesel engines and M 906 bus
Port of Sines in Portugal is scheduled to receive a shipment of LNG from Nigeria on December 4, according to the Port of Sines website. The LNG Port Harcourt, with a capacity of 122,ooo cubic meters, is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico and has a nominal sen
Rolls-Royce, the global power systems company, has signed a teaming agreement with Italian company Lauro Shipping to design innovative new gas powered ferries based on the award winning Environship concept. This important agreement marks the first time that a customer will utilise the Environship co
Dutch dredging company Boskalis said it has offered 682 million euros ($885 million) in an unsolicited bid for Dockwise. Combination of Boskalis and Dockwise provides new strategic opportunities for accelerated growth of the offshore services. The addition of Dockwise’s activities to the Boskalis gr
Belgium’s Zeebrugge liquefied natural gas terminal is set to re-export a cargo of LNG onboard the 145,958 m3 Golar Maria on December 1. Golar Maria is due to arrive at Zeebrugge terminal on November 29, according to port data. The Zeebrugge terminal is operated by Fluxys LNG and has an annual throug
