The Gazprom Board of Directors discussed the information on the natural gas vehicle (NGV) fuel market development. Gazprom’s main objectives in the domestic market is to considerably expand the NGV fuel business and set up the Company’s large-scale natural gas market on its basis. This project is al
Port of Sines in Portugal is scheduled to receive a shipment of LNG from Nigeria on October 19, according to the Port of Sines website. The 160,276 cbm Malanje LNG tanker is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico and has a nominal send out capacity of 600,000 cub
Grangemouth-based decommissioning specialist Masterton has been awarded a £4m contract by international electricity and gas giant, National Grid. The highly experienced contractor whose head office is in Bo’ness Road, Grangemouth, is dismantling four liquefied natural gas (LNG) tanks and associated
Gazprom’s Board of Directors is considering the information on the long-term gas production and consumption scenarios, as well as the measures on increasing Gazprom’s LNG production and supplies to the domestic and foreign markets, the company said in a statement. Taking part in the Board of Directo
Wärtsilä Corporation announced its interim report for the period from January to September 2012. Third quarter highlights Prospects for 2012 improved Order intake increased 14% to EUR 1,275 million (1,118) Net sales increased 28% to EUR 1,087 million (851) Operating result (EBIT) EUR 113 million or
Novatek is interested in buying LNG assets that were put up for sale by Repsol of Spain, according to Reuters. Properties that are up for grab include stake in liquefaction and regasification plants in Peru, Canada and Trinidad and Tobago. Selling stake in these assets would help Repsol’s current de
Det Norske Veritas (DNV) and nine key members of the Australian maritime, port and energy sectors have established a four-month study organized as a Joint Industry Project (JIP). This JIP’s intention is to facilitate the adoption of LNG fuelled vessels in Australian waters. Using LNG as marine fuel
The Gazprom headquarters hosted a meeting held by Alexey Miller, Chairman of the Gazprom Management Committee, and dedicated to the formation of the Yakutia gas production center as part of the Eastern Gas Program implementation. Taking part in the meeting were heads and experts of the Gazprom struc
Rosneft CEO Igor Sechin and Eni CEO Paolo Scaroni have met to discuss the progress of joint projects between the two companies offshore Russia in the Black Sea and Barents Sea, sanctioned in the strategic cooperation agreement signed on 25 April 2012. The executives in charge of the two companies’ u
Russian and Serbian energy ministers Alexander Novak and Zorana Mihajlovic have signed an intergovernmental agreement in Belgrade on Russian natural gas supplies to Serbia. The agreement covers the period from 2012 to 2021. The document envisions annual supplies of up to 5 billion cubic meters of na
Leading energy and commodities reporting organisation Argus has expanded its suite of global liquefied natural gas (LNG) prices to include the Americas with the launch of Trinidad and Tobago fob (free on board) price assessments. The launch is in response to growing spot trade of LNG from Trinidad a
Eni S.p.A. has completed the sale of 1,013,619,522 shares of Snam S.p.A., equal to a 30% minus one share of the voting share capital of the company, to Cassa Depositi e Prestiti. CDP will pay a total consideration of approximately 3.517 billion euro, of which approximately 1.759 billion euro has bee
Kentz Corporation, the holding company of the Kentz engineering and construction group, announced the appointment of Tush Doshi as Chief Operating Officer (COO) of Kentz’s Specialist Engineering, Procurement and Construction (EPC) Business Unit. James Moore, the current COO of Specialist EPC, is ret
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the 145,000 cbm Ejnan on October 25, according to port data. Fluxys, the operator of the terminal, said that it has unloaded 70 carriers at the Zeebrugge LNG terminal in 2011. The Zeebrugge te
