Klaipedos Nafta AB said that in today’s issue of Financial Times it has published a notice on procurement of the liquefied natural gas. Expressions of interest have to be submitted to the company by 29 October 2012, 5.00 p.m. (EET). According to the notice, the company intends to procure LNG under s
BP announced that it has signed heads of terms to sell its 50 per cent share in TNK-BP to Rosneft, the major Russian integrated oil and gas company. Under the heads of terms Rosneft has agreed in principle to buy BP’s share in TNK-BP. The proposed transaction consists of two tranches: BP would sell
Enagás has tapped its 20 September issue to raise €250 million on the market. By maintaining the annual coupon at 4.25%, but pricing the bonds at 102.83%, the real cost is 3.615%, 68 basis points lower than the original issue. Enagás has carried out the tap issue to seize a window in the market foll
The Al Jassasiya LNG tanker, with a capacity of 145,800 cubic metres, is due to arrive in the Zeebrugge liquefied natural gas terminal from Qatar on November 5, according to the Port of Zeebrugge website. The Zeebrugge LNG terminal is situated on a 30ha site in the outer port of Zeebrugge, Belgium.
A training seminar for RS surveyors specialising in gas carrier survey took place at the RS Personnel Training Centre. Thirty five specialists passed theoretical training and received relevant certificates. Thus, one more step was made towards the enhancement of the RS expertise in the field of mari
An explosion ravaged the Eastern Anatolia Gas Pipeline near the Turkish city of Agri in the early hours of 19 October. Natural gas deliveries from Iran were completely halted. Consequently, Turkish company BOTAŞ requested to increase daily shipment of Russian natural gas along the Blue Stream route
Polskie Górnictwo Naftowe i Gazownictwo SA can already commence the launch of the Lubiatów-Międzychód-Grotów production facility. Having completed technical commissioning, the Company can now undertake work related to the facility’s start-up. Thanks to the project, Poland’s conventional gas producti
Klaipėdos Nafta AB informed that the National Control Commission for Prices and Energy in its meeting today intends to consider a draft of the investments planned by the Company into the liquefied natural gas terminal, installation of its infrastructure and connection. The Commission intends to publ
VNG – Verbundnetz Gas Aktiengesellschaft and Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) have agreed an amended pricing formula under the existing agreement for gas supplies to Poland until 2016. The new formula will take effect as of October 1st 2012. The annual supplies of gas to PGNiG will re
Repsol SA’s liquefied natural gas (LNG) assets have sparked considerable interest on the part of big market players since July, when Repsol launched the sale of its LNG interests. GDF Suez of France, the biggest buyer of gas in Europe, seems to be interested in Repsol’s LNG assets, but as explained
High level representatives of oil and gas companies operating on the North Sea and in the Gulf of Mexico will disclose their outlook on energy production in the respective regions as part of Offshore Energy Exhibition & Conference on 23 and 24 October in the Amsterdam RAI. Several hundreds of offsho
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the 210,168 cbm Al Aamriya, on October 31, according to the Zeebrugge Port Authority. Fluxys, the operator of the terminal, recently said that it has unloaded 70 carriers at the Zeebrugge LNG
Polskie Górnictwo Naftowe i Gazownictwo SA sold 10.5 billion cubic metres of gas in the first three quarters of 2012, compared with 10.2 billion cubic metres in the corresponding period of 2011. The volume of natural gas produced in Q1-Q3 2012 totalled 3.2 billion cubic metres and remained flat year
Aker Solutions has secured a three year contract to provide operations and maintenance services to Total E&P UK Ltd and its joint venture partner DONG E&P (UK) Ltd at the new Shetland Gas Plant (SGP). The agreement includes provision of operations, maintenance and services support personnel for Tota