Höegh LNG said it has today entered into a ten year time charter for a floating LNG storage and regasification unit to be used as an LNG import terminal in Lithuania. The agreement is subject to the approval of the shareholders of AB Klaipedos Nafta. The Lithuanian state owns 70.63% of Klaipedos Naf
The latest LNG cargo to be loaded at Norway’s Hammerfest terminal has been dispatched to Spain, according to shipping data. The 147,208 m3 Arctic Lady departed Hammerfest yesterday, and is expected to arrive at Spain’s Bilbao terminal on March 13. The Hammerfest terminal is operated by Statoil and i
Spain’s Enagás said that conventional demand for natural gas (domestic, commercial industrial and cogeneration consumption) reached a new all-time monthly record in February of 30,730 GWh. The previous monthly record for conventional demand was in January with 30,063 GWh, with average temperatures f
Liquefied natural gas (LNG) is a viable lower-carbon alternative to diesel for heavy-duty long-haul trucks, but the necessary infrastructure for it in Europe is lacking. Volvo Trucks is involved in efforts to establish ‘blue corridors’ with strategically placed filling stations to make the fuel more
Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed current issues and prospects for further cooperation in the energy sector. Particular attention was paid
Russia’s Gazprom said it has filed a lawsuit with the International Court of Arbitration against the Lithuanian Government to protect the Company’s investments in the Republic of Lithuania. The statement was made today by Gazprom’s spokesman at the meeting of the Lietuvos Dujos Board during the vote
Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation paid a working visit to the Republic of Bulgaria yesterday. During the visit Alexey Miller met with Boyko Borisov, Bulgarian Prime Minister and Traycho Traykov, Bulgarian Minister of Economy, Energy and Tour
BG Group of UK today said that it has received initial approval from the Brazilian Development Bank (BNDES) for up to $1.8 billion of long-term finance to fund part of the company’s interests in the pre-salt Santos Basin, offshore Brazil. Subject to further approvals and the completion of a final ag
Rolls-Royce, the global power systems company, has won a second order for a vessel from its award winning Environship range. This gas powered ship will be used to supply feed to fish farms along the Norwegian coast. The vessel has been ordered by Norwegian company Eidsvaag AS and will operate a dema
The first emission-free “Wadden Sea ferry“ will start service in the European coastal waters in autumn 2013. The concept was developed by Becker Marine Systems in cooperation with renowned partners and will be implemented rapidly. The environment is not just important concerning the topics Manoeuver
A lively public debate on petrol and diesel prices is again underway. As these prices have reached new highs, people are increasingly calling for petroleum tax cuts and tax relief for commuters, but they are also looking for cheaper types of fuel. Particularly at times of high petrol and diesel pric
Wärtsilä, the marine industry’s leading solutions provider, and its South Korean partner Hyundai Heavy Industries, Engine and Machinery Division, have signed a ten year extension to their license agreement to build Wärtsilä low-speed engines. The agreement was signed at a ceremony held yesterday in
UK’s South Hook LNG terminal is expected to receive a cargo of LNG on March 6, according to the Milford Haven Port Authority website. The Al Mayeda LNG tanker, with a capacity of 266,oo0 cbm, is sailing from Ras Laffan, Qatar. The South Hook terminal can process 15.6 million tonnes of LNG a year and
Huntingdon Fusion Techniques Limited (HFT), said it has launched a new dedicated Weld Purge Monitor especially for LNG stainless steel and Nickel alloy tube and pipe joint welding. A Weld Purge Monitor is “necessary to show welders when sufficient oxygen has been removed from the work zone to allow
