France has slashed its LNG import schedule for December by more than half, freeing up substantial berthing capacity on the secondary market… (argusmedia) [mappress] Source: argusmedia, December 1, 2011; Image: montoir lng
The most important forum for companies working in the transport industry of Russia finished its work in “Sokolniki” exhibition center of Moscow. The event was sponsored by the SCF group of companies. The exhibition was attended by over 3,000 representatives of government and businesses, who discusse
The Gazprom headquarters hosted a working meeting between Alexander Ananenkov, Deputy Chairman of the Company’s Management Committee and Manabu Miyagawa, Minister of the Japanese Embassy in Russia. The meeting addressed the prospects for the Russian-Japanese cooperation in the energy sector, notably
OAO NOVATEK has announced today that the Company, through its subsidiaries, has acquired a 100% participation interest in the share capital of OOO Gazprom Mezhregiongas Chelyabinsk for total consideration of RR 1.55 billion. Gazprom Mezhregiongas Chelyabinsk is responsible for the sale of natural ga
Eesti Gaas AS, the Estonian gas monopoly, said it will raise natural gas rates for households by 15 percent from January because of higher… (bloomberg) [mappress] Source: bloomberg, December 1, 2011;
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jurgen Grossmann, Chief Executive Officer of RWE. The parties discussed potential establishment of a joint venture in the energy sector. On July 14, 2011 Gazprom and RWE
South Korea’s Samsung Heavy Industries, has ordered electrical propulsion system from Norway-based STADT AS for a new generation of environmentally friendly ships with LNG-electric propulsion. It’s the patented No-Loss Drive system that is now introduced to the world’s largest shipbuilding nation. T
UK forward gas prices fell to a nine-month low on Wednesday morning on weak demand as prompt prices were stagnant as Britain’s short term… (reuters) [mappress] Source: reuters, November 30, 2011; Image: uk national grid
Today Fluxys G completed the acquisition of Eni’s interests in the TENP (Germany) and Transitgas (Switzerland) pipelines. The acquisition includes stakes in the TENP and Transitgas asset owners as well as the rights to commercialize capacity in both pipelines. Acquiring infrastructure and capacity t
The Board of Directors of OAO Sovcomflot held a meeting on 25 November 2011. In accordance with the decision of the extraordinary shareholders’ meeting of 3 November 2011, the Board of Directors considered a number of organisational matters. Ilya Klebanov was unanimously elected as Chairman of the B
Estonia needs to nationalize AS Eesti Gaas’s natural-gas transmission network to create a functioning energy market, according to a report … (bloomberg) [mappress] Source: bloomberg, November 30, 2011;
Höegh LNG has entered into a USD 288 million debt facilities agreement providing 50 % funding for the two regasification vessels on order at Hyundai Heavy Industries Co. Limited for up to three years after delivery. The facilities agreement may also be used to fund up to two additional vessels cover
Höegh LNG today announced its interim results for the period ended 30 September 2011. Highlights * Total income of USD 27.4 million, up 7 % from the third quarter 2010 * Operating profit before depreciation of USD 8.6 million * Exclusive negotiations with PGN regarding the Medan FSRU project well ad
The Board of Directors addressed the issues of Gazprom’s participation in the Russian regions development. The Board of Directors tasked the Management Committee to consider gasification a crucial sphere of activity as well as to update jointly with federal and regional authorities the Russian Regio
