Norway’s Hammerfest LNG terminal shipped an liquefied natural gas cargo yesterday, according to shipping data. The cargo is being hauled by the Excelerate, a 138,000 cubic-meter tanker. The destination of the cargo is Port Said at this moment. The Statoil-operated Hammerfest terminal has a capacity
BG Group of UK has put on hold plans to set up an liquefied natural gas (LNG) import terminal in Brindisi port in Italy. The company first asked for the authorisation to construct the LNG terminal in Brindisi in 2001, but failed to get the permits after 11-year process. “It is impossible to think th
RWE AG said that its EBITDA decreased by 18% to €8.5 billion and the operating result declined by 24% to €5.8 billion in fiscal 2011. Recurrent net income – the key determinant of the dividend – fell by 34% to €2.5 billion and revenue dropped by 3% to €51.7 billion. . “We have introduced the [&helli
Vlada Rusakova, Member of the Gazprom’s Management Committee, has been appointed as Head of the Prospective Development Department of Gazprom. Previously, Vlada Rusakova held the post of Head of the Gazprom Strategic Development Department. On its basis, two brand new Departments – the Prospective D
The Al Sheehaniya LNG carrier, with a capacity of 210,000 cubic metres, is due to arrive in the UK’s South Hook terminal March 13, according to the Milford Haven Port Authority website. The LNG tanker is sailing from Ras Laffan, Qatar. The South Hook terminal can process 15.6 million tonnes of LNG a
SHELL is continuing its successful relationship with AGR’S Riserless Mud Recovery system (RMR™) with a new USD4.7m deal. The contract is for multiple development wells on Shell’s Prelude Floating LNG development off Australia’s north-west coast. Bernt Eikemo, General Manager Asia Pacific at AGR, sai
Director General of Gazprom Export Alexander Medvedev met last week in Athens with the Greek Minister for the Environment, Energy and Climate Change Giorgos Papakonstantinou and the Executive Director Kharis Sakhinis of DEPA, the state-owned company which is managing the shipment of Russian natural
Owners of LPG carriers can look forward to increasing trade in 2012, despite the uncertain economic environment and the dampening effect of the mild winter in the northern hemisphere. According to Drewry’s latest LPG Forecaster, stagnant demand in Western economies has been balanced by strong domest
Spain’s Bilbao import terminal is scheduled to receive a shipment of LNG from Peru on March 19, according to shipping data. The cargo is being carried by the Castillo de Santisteban liquefied natural gas carrier, with a capacity of 173,600 cubic metres. The LNG carrier departed from Peru LNG termina
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG on March 13, according to port data. The Arctic discoverer LNG tanker, with a capacity of 140,000 cbm, is sailing from Ras Laffan, Qatar. The Zeebrugge terminal is operated by Fluxys LNG and has an annual throug
GAZ-SYSTEM of Poland said in a statement that the Supervisory Board of Polskie LNG has dismissed Zbigniew Rapciak from the position of President of the Management Board of the Company. The Supervisory Board at the same time delegated Rafał Wardziński to act as President of the Management Board of Po
Elengy, a GDF SUEZ subsidiary, said in a statement that 2011 was a busy year for the LNG terminals of the company: liquefied natural gas (LNG) accounted for a growing share of France’s natural gas supplies last year. In fact, 159 TWh of gas (up from 155 TWh in 2010) was unloaded at Elengy’s three LN
Enagás said it has signed the final €175Mn tranche of the €1Bn loan taken out with the EIB in 2008 to finance its 2007-2011 Investment Plan. The conditions of the tranche are optimal regarding both maturity and finance cost. The period for repayment is up to 15 years, with a highly competitive total
Hamworthy Oil & Gas Systems, a leading developer and supplier of gas handling and liquefaction technology, has secured its first contract for a biogas liquefaction plant with Norwegian Cambi AS, a specialist in biowaste treatment. The biogas plant will treat 50,000 tons of food waste a year and prod
