Grupa LOTOS SA and Polskie Górnictwo Naftowe i Gazownictwo SA entered into an agreement for joint exploration for conventional and unconventional oil and gas and commercial cooperation. The two companies will assess the potential of PGNiG’s seven exploration licences. The cooperation is to speed up
AET, a leading global owner and operator of a fleet of 82 petroleum tankers, has agreed to enter into a long-term contract with Norwegian energy giant Statoil ASA to operate two specialists DP2-type shuttle tankers. The vessels will be operated through a joint venture company, AET Sea Shuttle AS, fo
BASF and Yamal LNG OAO have concluded a license agreement on the use of BASF’s technology for the removal of carbon dioxide from natural gas. The use of the technology, marketed under BASF’s Oase® brand, is a prerequisite for the production of liquefied natural gas (LNG). A.M. Fridman, Deputy Chairm
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG on September 19, according to port data. The Al Utouriya LNG tanker, with a capacity of 216,203 cbm, is sailing from Ras Laffan, Qatar. The Zeebrugge terminal is operated by Fluxys LNG and has an annual throughp
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yegor Borisov, President of the Republic of Sakha (Yakutia). The meeting highlighted that the Eastern Gas Program was a top priority for Gazprom. Alexey Miller informed Yegor B
IntercontinentalExchange, a leading operator of global regulated futures exchanges, clearing houses and over-the-counter markets, and gas infrastructure company Gasunie today announced an agreement to form a new company based on the derivatives and spot gas exchange of APX-ENDEX. ICE has entered int
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee, and Alexander Khoroshavin, Governor of the Sakhalin Region and the Region Government Chairman. Alexey Miller emphasized that implementation of projects in Eastern Russia was the C
Polish Seatech Engineering has drafted innovative designs of an inland waterways push tug driven by liquefied natural gas (LNG), Dag Pike writes. Accordingly, the challenges for placing 35cm LNG tanks have been met by locating them in the forward section of the hull, below a raised section of deck.
Eidesvik new building, Viking Princess, was named in an official ceremony in Bergen, Norway, on September 14th. Viking Princess is byggnr. 347 from Kleven Shipyard, and is the sister ship to Viking Prince, which was delivered in March this year. Eidesvik Offshore and Kleven claim they are “pioneers
The Gas Transmission Operator GAZ-SYSTEM S.A. and the Mazowiecka Spółka Gazownictwa Sp. z o.o. have signed a cooperation agreement concerning making transmission of greater quantities of gas available to Radom and the surroundings. The purpose of the agreement signed by the Companies on 4 September
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Victor Nazarov, Governor of the Omsk Region. The parties discussed the cooperation progress and prospects, highlighting that Gazprom and the Region’s Government were going to c
Enagás of Spain has completed the purchase from BG Group of 20% of the GNL Quintero regasification plant for liquid natural gas (LNG) in Chile for $176Mn, as agreed in April, having obtained all the required authorisations. The GNL Quintero plant’s other shareholders are ENAP (Empresa Nacional de Pe
GDF SUEZ successfully placed a 450 million Swiss Franc issue (around 370 million Euros) in two tranches: a 8 years tranche of 275 million with a 1.125% coupon and a 12 years tranche of 175 million with a coupon of 1.625%. By tapping the Swiss market, and after swap into Euros, the Group reached fund
On March 6-7, 2013 in Warsaw International Expocentre EXPO XXI, Poland there will be held the biggest LPG, CNG & LNG sector event in Poland and CEE region: International GasShow 2013 Exhibition & Conference. The Polish market of liquefied gas with its annual consumption of approximately 2.5 mln tonn
