The inaugural meeting of the Natural Gas Marine Fuel Safety Advisory Group was held in London recently. The cross-industry group has been established by the liquefied gas shipping industry to advise on the design, operation, maintenance and training for natural gas marine fuel systems. The terms of
Peru LNG shipped a cargo of liquefied natural gas to Spain yesterday, according to PeruPetro S.A. The cargo is being hauled by the Sevilla Knutsen, a 173.400 cubic-meter tanker operated by Knutsen OAS Shipping. The Peru LNG project includes two parts: an LNG plant with a marine terminal from which L
Spanish utility Gas Natural Fenosa made a net profit during the first six months of 767 million euros, 6.7% less than the same period last year, due to the lower contribution of capital gains from the sale of assets which took place in 2011. Net profit grew by 24.3% adjusting for capital gains/losse
Enagás of Spain reported a net profit of €185.5Mn in the first half of 2012, leaving it on track to meet guidance of flat growth for the full year. This marked a 7% increase from €173.4Mn in the first half of 2011 and was driven by the contribution from the Gaviota underground storage facility and [
Recently, the European Commission confirmed its financial support to the construction project for the Szczecin-Gdansk gas pipeline implemented by GAZ-SYSTEM S.A. under the Operational Programme “Infrastructure and Environment” (OPI&E). It is the first energy project in Poland that received favourabl
International gas and energy group Dart Energy Limited has commenced first production and sales of electricity generated from natural gas gathered within coal seams at its Airth project (PEDL 133) in the Forth Valley, Scotland. The Airth project is located 50 km west of Edinburgh and is the next ste
Rolls-Royce, the global power systems company, today announced that it has signed a contract with shipowner Fjord Line A/S to install Liquefied Natural Gas (LNG) based power and propulsion systems in two cruise ferries being built at the Bergen Group Fosen AS yard in Norway. Each vessel will be equi
Fjord Line’s two new international cruise ferries will be powered solely by environmentally friendly liquefied natural gas (LNG) instead of the more polluting heavy fuel oil. When MS Stavangerfjord is put in operation in 2013, it will be the first and largest cruise ferry in the world to sail with a
Polskie Górnictwo Naftowe i Gazownictwo SA sold 8 billion cubic metres of gas in the first six months of 2012, compared with 7.6 billion cubic metres in the corresponding period of the prior year. The volume of natural gas produced in H1 2012 totalled 2.2 billion cubic metres and remained flat year
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on August 1, according to shipping data. The cargo is being hauled by the British Diamond LNG tanker, with a capacity of 151,945 cbm, and it is sailing from Nigeria’s Bonny terminal. The Sines terminal is held by REN Atl
Eni of Italy announced that it has concluded with Amorim Energia the sale of 41,462,532 shares, at the price of 14.25 euro per share, equal to 5% of the share capital of Galp Energia. As per the agreements signed by Eni, Amorim Energia and Caixa Geral de Depositos (CGD) and communicated to the marke
BP Norge AS, operator of production licence 212 E, has completed drilling of wildcat well 6507/3-9 S. The well proved gas. The discovery was made about 20 kilometres north of the Skarv field and about five kilometres east of the Marulk field. The objective of the well was to prove gas in Upper Creta
The Al Ghuwairiya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on July 29, 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 of delivering 21
Enagás, via its subsidiary Enagás Transporte S.A.U., has signed a deal with EDP to acquire 90% of Naturgas Energía Transporte for the sum of 241 million euro. The Basque Government will retain 10% of the company, via the Basque regional energy board (EVE). The deal includes the acquisition of 450 km