The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Energy and Coal Industry Minister. The meeting was held in a constructive manner. The parties resolved to resume consultations and negotiations on t
Spot rates for liquefied natural gas tankers rose to $150,000 per day this month, Reuters reported, citing Drewry Shipping analyst. “The LNG freight market is currently quite strong due to increasing LNG demand in both Europe and Asia and less availability of prompt available tonnage,” LNG shipping
During 2011, 996 million MWh (102 billion m3) of natural gas was transported by the national gas transport network in the Netherlands. Furthermore, the gas flowed through the pipelines without major interruptions or disruptions to quality. This is shown by recent annual figures from Gas Transport Se
DNV has won a contract with the Flemish government to undertake a feasibility study for the provision of LNG bunkering facilities at the ports of Antwerp, Zeebrugge and Ghent in Belgium. The work will consist of a market survey, a risk and safety analysis, and modelling of the logistics, legal and r
Eni announced the establishment of Eni Trading, a new internal business unit which will be responsible for asset backed trading and portfolio and risk management. Thanks to this new unit, Eni will leverage its strong global asset base and unique combination of oil, gas, LNG and power assets to becom
Repsol YPF has launched the Share Acquisition Plan 2012, approved by the Annual General Shareholders’ Meeting held on April 15th, 2011 under point 15th of the Agenda, addressed to Repsol YPF Group’s employees in Spain with indefinite duration contract that meet the requirements of its general condit
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on January 25, according to the Port of Sines website. The LNG Edo liquefied natural gas carrier, with a capacity of 126,530 cubic metres, is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico an
Snam S.p.A. and Fluxys G S.A. agreed to evaluate future joint strategies aimed at pursuing potential development opportunities in the gas sector in Europe, including transport, storage and LNG activities, through projects enhancing the flexibility and security of supply in the current European infra
I.M. Skaugen said yesterday it is beginning to transform itself into being more of a LNG infrastructure company. “With significant investments in, and efforts to develop, technology and design as well as in Business development, this will require us to concern ourselves with virtually every aspect o
The Board of Directors of Total accepted the resignation for personal reasons of Thierry de Rudder as a Director, effective the close of the meeting Mr. de Rudder had first been elected as a Director at the Shareholders’ Meeting on January 14, 1999. He was re-elected several times, the last time at
British Gas, the biggest supplier of gas and electricity to homes in Britain, has announced an average five per cent reduction in its standard domestic electricity prices. The price cut takes effect immediately and re-establishes British Gas as the cheapest major standard electricity supplier, on av
France imported 220 liquefied natural gas cargoes in 2011, according to Elengy and STMFC data. The country’s LNG imports rose 5.2 percent to 10,948,902 mt, compared to the year earlier. The Montoir terminal received 60 liquefied natural gas cargoes, the Fos Tonkin terminal received 101 cargoes, and
Peru LNG shipped a liquefied natural gas cargo to Bilbao terminal in Spain on January 12, according to PeruPetro S.A. The cargo is being hauled by the Maersk Methane, a 162,427 cubic-meter tanker. The Peru LNG Project includes two parts: an LNG Plant with a Marine Terminal from which LNG is sent ove
Last week Gaz-System S.A. signed an agreement for the performance of construction and assembly works for the gas pipeline on the Gustorzyn-Odolanów route, 700 mm in diameter and 168 km in length. The agreement was concluded with the contractor ZRUG Sp. z o.o. with its seat in Poznań, selected under
