Repsol International Finance, B.V. closed a 750 million euro 5 years and 5 months bond at 99.654 per cent, with a coupon of 4.375 per cent equivalent to mid swap + 335 b.p., to be listed on the regulated market of the Luxembourg Stock Exchange. This bond, guaranteed by Repsol, S.A., is issued under
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL. The parties addressed implementation of the Agreement on Strategic Partnership signed on March 29, 2005 and, in particular, gas supplies f
GAZ-SYSTEM of Poland said it has signed a declaration for cooperation with the Croatian gas transmission system operator Plinacro in the scope of support for the development of the gas market in Central and Eastern Europe. The purpose of the agreement is the establishment of cooperation between the
China Oil And Gas Group announced that on 13 September, Hong Kong China Oil And Gas Group, a wholly-owned subsidiary of the Company, entered into a project cooperation agreement on construction of gas filling stations with Zaozhuang City Public Transport Corporation, a wholly-owned subsidiary of the
OAO Sovcomflot announced its results for the second quarter and half year periods ended 30 June 2012. Highlights Q2 and H1 2012: Gross revenue in H1: USD 777.7 million (increased by 6.2 per cent in comparison to USD 732.6 million in H1 2011) EBITDA in H1: USD 267.9 million (increased by 1.9 per cent
Construction of the Yining-Horgos SNG Pipeline has been completed, ceremony for the occasion was held at the initial station of Yining, Xinjiang Uygur Autonomous Region, CNPC said in a statement. Constructed by CNPC’s subsidiary China Petroleum Engineering Co. Ltd, the pipeline is the first large di
Bodewes Binnenvaart B.V., Damen Shipyards Group’s inland waterway shipyard, and inland shipping company QaGroup are set to launch an entirely new inland shipping concept, which they believe will set a new industry standard in inland shipping. Both companies have combined their knowledge as to design
Gas Natural Fenosa of Spain said it has closed a bonds issue on the Euromarket for 800 million euros, maturing in 2020. This issue was established with an annual coupon of 6% and a new bond issue price of 99.455% of par value. Demand surpassed 4.6 million euros from a wide range of institutional inv
Securing long term supplies to meet the increasing demand for natural gas has become a top priority for both Latin American countries and their Caribbean counterparts. Both market places are now striving to encourage the installation of new energy sources based on natural gas and to ensure availabil
As of today the Court of Arbitration of the ICC – International Chamber of Commerce – has notified to Edison the award related to the dispute between Edison and Rasgas for the revision of the price of LNG supplied under the long term contract from Qatar. The Court decision has accepted the merits of
Stork Technical Services has been awarded an order by Nederlandse Gasunie N.V. for the multidisciplinary ‘Capacity increase East-West’ project. This project has recently started and will continue until the end of 2013. It will result in a significant capacity increase in the gas transport system in
UK’s South Hook LNG terminal is expected to receive a cargo of LNG on September 19, according to the Milford Haven Port Authority website. The Al Mayeda LNG tanker, with a capacity of 266,oo0 cbm, is sailing from Ras Laffan, Qatar. The South Hook terminal can process 15.6 million tonnes of LNG a yea
Intercontinental Exchange, a leading operator of global regulated futures exchanges, clearing houses and over-the-counter markets, announced that ICE Clear Europe cleared its first Liquefied Natural Gas (LNG) Cleared Swap on the Platts Japan Korea Marker (JKM). The first cleared JKM LNG transaction
On 7 September 2012, in Vilnius, a statutory meeting was held of the joint venture established by the Finnish gas company Gasum Oy and AB Lietuvos Dujos (LD) to operate a gas exchange, at which the articles of association were approved and the governing bodies were elected. Haroldas Nausėda, who man
