UK’s Grain LNG terminal received a cargo of LNG onboard the 216,200 cbm Al Thumama from Qatar yesterday, according to shipping data. Grain LNG is the UK’s first modern LNG facility and can hold almost 1 million cubic metres of liquefied natural gas in store. The terminal recently commissioned an add
Following the CEER recommendation to facilitate the access to information to potential users, European LNG Terminal operators agreed with CEER to launch the implementation of a new transparency tool: “The GLE Transparency Template”. In accordance with the provisions of the 3rd Energy Package, and in
The joint offer by Belgian and French transmission system operators Fluxys and GRTgaz to make available firm gas transmission capacity from France to Belgium has triggered keen interest from the market. Binding commitments totaling more than 219 GWh/day (807,522 cubic metres/hour) have been made by
London-based Ophir Energy recorded a loss of US$19.1 million for the year ended 31 December 2011. Key Financial and Corporate Events: – In July 2011, Ophir completed a US$383.9 million listing on the Main Board of the London Stock Exchange – 2011 year end cash balance of US$396.6 million – Recommend
The Trans Adriatic Pipeline (TAP) has officially submitted its Environmental and Social Impact Assessment (ESIA) to the Ministry of Environment in Italy. The TAP project aims to deliver secure natural gas supplies from the Shah Deniz field in Azerbaijan to western Europe, transporting the gas via Gr
Statoil said it intends to establish a new operational area on the Norwegian continental shelf, which will be based in Harstad with start-up in the first half of 2013. Statoil is setting up a separate operational area in Northern Norway due to the considerable increase in activities taking place off
Spain’s Bilbao import terminal is scheduled to receive a shipment of LNG from Trinidad next week, according to port data. The cargo is being carried by the Sohar LNG carrier, with a capacity of 137,248 cubic metres, and it is due to arrive at the Bilbao terminal on March 27. The LNG carrier departed
Norwegian marine transportation company I.M. Skaugen SE said it is contemplating a new senior unsecured bond issue with final maturity in April 2017. The contemplated bond issue will have a minimum issue amount of NOK 350 million. Net proceeds from the contemplated bond issue will be used to refinan
The Umm Slal LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on March 28, 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 bil
On 6 March, SCF Group held its annual technical and professional human resources conference entitled “The development of fleet manning by professional crews, in support of SCF Group’s Strategy to 2017”. This year the conference was arranged in the form of an enlarged Executive Board meeting of the c
Poland’s PGNiG said its 2011 net profit was PLN 1.63bn, having fallen by PLN 831m year on year due to losses incurred on gas sales. One of the main factors driving down net profit was a 6 pp drop in margin on sales of high-methane gas, which declined from 3% in 2010 to -3% in […]
The European Commission said it has granted clearance under the EU Merger Regulation to the proposed acquisition of the joint control of the Russian Yamal LNG by Total E&P Yamal and OAO Novatek. Yamal LNG, a 80% subsidiary of NOVATEK, is engaged in the engineering and design work for the constructio
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the Ejnan, a 145,000 cbm tanker, on March 30, according to shipping data. Fluxys, the operator of the terminal, recently said that it has unloaded 70 carriers at the Zeebrugge LNG terminal in
Gazprom CEO Alexey Miller has nominated Henning Voscherau, Hamburg’s former mayor, to head the South Stream Board of Directors, Gazprom said in a statement. “We are confident that the great experience gained by Henning Voscherau in international regulatory organizations and his fine reputation will