The Gazprom headquarters hosted the Press Conference entitled “Gazprom in Eastern Russia. Entry into Asia-Pacific Markets” on the threshold of the annual General Shareholders Meeting. Taking part in the Conference were Vitaly Markelov and Alexander Medvedev, Deputy Chairmen of the Gazprom Management
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 June 25, 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
BG Group of UK issued hybrid bonds totalling US$1.57 billion, another step in the execution of its approved funding plan to support the company’s investment programme. The bonds, which comprise tranches of £600 million and €500 million, mature in 2072. The bonds are long-dated, subordinated securiti
GE said that it has concluded a commercial alliance agreement with Norway-based Sargas AS to provide a gas turbine for one of the world’s first gas-fired plants with integrated carbon capture for enhanced oil recovery (EOR). The Sargas plant will combine a configuration of the existing LMS100 aerode
Cadogan confirmed that, together with its joint venture partner Ukrainian state-owned National Joint Stock Company Nak Nadra Ukrayny, it has entered into a Share Purchase Agreement with Eni, the Italian integrated energy company, whereby Eni has acquired a stake in the joint venture established by N
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG on June 25, according to shipping data. The RasGas Asclepius LNG tanker, with a capacity of 145,ooo cbm, is sailing from Ras Laffan, Qatar. The Zeebrugge terminal is operated by Fluxys LNG and has an annual thro
At least 50 inland vessels, 50 ocean-going vessels and 500 trucks running on Liquefied Natural Gas or LNG: it can be reality in 2015. The use of LNG as a transport fuel has positive effects on the environment and health, because its combustion produces significantly less particulate matter and other
Polskie Górnictwo Naftowe i Gazownictwo SA is planning to carry out the first issue under its new domestic note issuance programme in the amount of PLN 2.5bn. On June 13, the book building process for the issue was closed. PGNiG will issue notes worth PLN 2.5bn, with a maturity of five years, yieldi
Leiv Eriksson Consortium has today awarded Eidesvik two contracts, Viking Lady and Viking Athene. The firm periodis 15 wells + up to 18 optional wells, starting Q1 2013. Lundin Norway AS has also declared an option for the use of Viking Prince for totally 7 wells. Statoil and Eidesvik have agreed to
Independent European gas infrastructure companies Energinet.dk (Denmark), Fluxys Belgium and Gasunie (Netherlands) have signed a joint declaration aimed at establishing a 100% carbon-neutral gas supply in their networks in 2050. The joint declaration underlines the commitment of the three companies
Indian Minister of Petroleum and Natural Gas Shri S. Jaipal Reddy held a series of bilateral meetings with with his counterparts from different countries at Vienna (Austria) on the sidelines of the 5th OPEC International Seminar. The wide-ranging talks with his counterparts form Iran, Saudi Arabia,
Eni signed a Share Purchase Agreement with Ukrainian state-owned National Joint Stock Company Nak Nadra Ukrayny and Cadogan Petroleum Plc to acquire a 50,01% interest and operatorship of the Ukrainian company LLC WESTGASINVEST. LLC WESTGASINVEST currently holds subsoil rights to nine unconventional
Technip said it has concluded three long-term, private debt issues each subscribed by a different investor, for an aggregate amount of €325 million. These bond issues are part of the general management of the Group’s cash and liabilities and raise funds for general corporate purposes. They allow Tec
Gazprom has finished pneumatic testing and started feeding gas into the first string of the Bovanenkovo – Ukhta gas trunkline system (GTS). This process operation is preliminary to bringing the gas pipeline onstream. “The works are progressing according to schedule. Process gas is being injected sim
