Golar LNG said today that it is in final discussions to further increase the Company’s new building investment, after it has ordered two tankers worth about $4oo million, from Hyundai Heavy. This includes ordinary LNG carriers as well as ordering more infrastructure type LNG assets, Golar said in a
Bureau Veritas announced the appointment of Didier Michaud-Daniel as Chief Executive Officer of Bureau Veritas as of March 1. Since 2008, Didier Michaud-Daniel has been Chairman of the Board and President of Otis Elevator Company, a global company part of the United Technologies Corporation. At the
Milford Haven Port has announced completion of a restructuring of its senior management team as it prepares for major investment across its operations. MHPA operates Britain’s third largest Port and offers pilotage and navigation services to the UK’s leading energy hub as well as owning and operatin
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG on February 23, according to the Zeebrugge Port Authority website. The Lusail LNG tanker, with a capacity of 138,000 cbm, is sailing from Qatar. The Zeebrugge terminal is operated by Fluxys LNG and has an annual
The latest LNG cargo to be loaded at Norway’s Hammerfest liquefied natural gas terminal has been dispatched to Greece, according to shipping data. The 138,000 m3 Gemmata departed Hammerfest Friday, and is expected to arrive at Revithoussa LNG Terminal on February 22. The Hammerfest terminal, operate
Norway’s I.M. Skaugen said it has completed a new senior unsecured bond issue of NOK 400 million. The bonds will have a coupon of NIBOR + 8.25% and will mature in February 2015. The company said in a statement that, in connection with the bond issue, it has bought back a nominal amount of NOK [&hell
UK’s Grain LNG terminal received a cargo from Qatar today, according to shipping data. The cargo was shipped by the 210,000 cbm Al Khattiya tanker. 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 comm
Poland’s GAZ-SYSTEM said that the Business Case Analysis of Gas Interconnection Poland – Lithuania (GIPL), which would integrate Baltic States into EU gas market as well as provide access to the global LNG market via the LNG terminal in Swinoujuscie, has been finalized. The Business Case Analysis re
French company Total SA today posted a 2011 net profit of 12.3 billion euros ($16.3 billion). Fourth quarter and full-year 2011 results Commenting on the results, Chairman and CEO Christophe de Margerie said: « In a period of economic slowdown, ongoing tensions on the global oil supply supported the
Towards the end of 2012, Interstream Barging puts the first gasoil free LNG Greenstream Tanker into use. This innovation for inland navigation has been developed by Peters Shipyards and will be built entirely in the Netherlands. Under the name LNG Greenstream Tanker both parties have, in close coope
Koch Supply & Trading Sárl said thati it has launched a global gas trading business. Stephen Cornish has joined Koch Supply & Trading Sárl to build the global trading and marketing business for liquefied natural gas, natural gas and related commodities. “Koch companies have a long track record of ex
As the cold weather continues, gas consumption records in Belgium are falling in rapid succession. Last Thursday, the country’s natural gas consumption hit 1,131 GWh, beating the previous record set on 8 January 2010 by more than 5%. However, that new record was bested the very next day with consump
Belgium’s Zeebrugge liquefied natural gas terminal is set to re-export a cargo of LNG on February 20, according to the Zeebrugge Port Authority. The cargo will be shipped by the Golar Artic, a 140,643 m3 tanker. Golar LNG recently said in a statement that it has executed a time charter for the Golar
Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee visited Tuesday a construction site of the Portovaya compressor station (CS) – the starting point for Nord Stream. He inspected key facilities of the CS and held a meeting on the current issues of construction. Particular attention
