In 2011 alone Ukraine overpaid 6 billion dollars for natural gas, Ukraine’s Vice Prime Minister Serhiy Tihipko said in his interview with the British newspaper The Telegraph. “We have the most expensive gas in Europe… and we are not the richest country in Europe,” said Tihipko. In Q2 2012 Ukraine pa
Cuadrilla Resources, the British company exploring for gas in Lancashire, is to submit an application to Lancashire County Council to continue work at a temporary site near Hesketh Bank. A 10,500 feet deep well was drilled between August and November 2011 at the West Lancashire site. After the well
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG this week, according to port data. The Cadiz Knutsen LNG tanker, with a capacity of 138,000 cbm, is due to arrive on August 5. The Zeebrugge terminal is operated by Fluxys LNG and has an annual throughput capaci
UK’s Grain LNG terminal will receive a cargo of liquefied natural gas this week, according to shipping data. The cargo is being hauled by the 216,200 cbm Al Thumama tanker and it is due to arrive at the Grain LNG terminal on September 4. Grain LNG is the UK’s first modern LNG facility and can [&hell
After 12 months of research and analysis, Lloyd’s Register has concluded its 2011-12 study on LNG bunkering and newbuilding demand for deep-sea shipping. Outside of the niche markets, the study finds that the establishment of LNG bunkering infrastructure capable of supporting most of the world’s con
The Al Mafyar liquefied natural gas tanker, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on September 7, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Energy and Coal Industry Minister. The parties discussed the ongoing gas injection in Ukraine’s underground gas storage (UGS) facilities by Naftogaz
Exmar reported the provisional results for the first half of 2012. The Group (EBIT) has an operating result of USD 52.5 million for the first semester 2012 (USD -11.6 million for the first semester 2011). This result includes a capital gain of USD 23.9 million on the final settlement of the sale of
Total said that, together with its partners, it was studying ways to make Russia’s Shtokman gas field in the Barents Sea economically viable after financing costs became too high, reported Reuters. Total also told Reuters that the company and the partners have not decided to postpone the project ind
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Dusan Bajatovic, Director General of state-owned Srbijagas. The meeting addressed the Russian-Serbian cooperation in the energy sector. The parties discussed the joint ac
Damen Shiprepair Brest (France) received her first firm booking for the drydocking, maintenance and repair of an LNG carrier. The Bonny Gas Transport-owned, 79,822 DWT ‘LNG SOKOTO’ will arrive at the yard end of August for maintenance work, including drydocking. Jos Goris, managing director of Damen
Siem Offshore Rederi has been awarded a contract with the oil and gas company TOTAL. The contract with TOTAL E&P NORGE AS is for a new dual fuelled large platform supply vessel (PSV). The new PSV shall be operated from 2014 and serve the Martin Linge field in the North Sea North-West of Stavanger. T
Statoil and Rosneft today signed Shareholder and Operating Agreements that will establish joint ventures for the four offshore Russian license areas included in the Cooperation Agreement signed by the two companies on May 5, 2012. The license areas in question are Perseevsky in the Barents Sea and K
It’s widely known that Gasunie has laid hundreds of km of pipeline in the last few years. What fewer people know is that Gasunie also regularly removes gas pipelines. Gasunie aims to remove as many pipelines as possible if they become obsolete. If an obsolete pipeline cannot be removed, pipe caps wi
