Serbia wants to join the Azerbaijan- Georgia-Romania-Interconnection liquefied natural gas project as it seeks to diversify its supplies… (bloomberg) [mappress] Source: bloomberg, November 2, 2011
Yesterday in the city of Volgograd Viktor Zubkov, First Deputy Prime Minister of the Russian Federation and Chairman of the Gazprom Board of Directors held a meeting on updating the General Scheme for Gas Supply and Gasification of the Volgograd Oblast which will be implemented from 2011 to 2013. In
Foster Wheeler AG announced that its shareholders have elected J. Kent Masters, 50, and Henri Philippe Reichstul, 62, to the company’s board of directors. Masters was elected to serve a term expiring at the company’s annual general meeting to be held in 2012. Reichstul was elected to serve a term ex
British benchmark front-season gas, for summer 2012, slipped to an eight-month low on Tuesday as Greece’s decision to hold a referendum… (reuters) [mappress] Source: reuters, November 1, 2011;
Statoil’s LNG plant at Hammerfest is back online as planned after being shut down since 14 October. The plant receives large amounts of natural gas from the Snøhvit field which is cooled down (liquefied) to LNG and prepared for export. After a scheduled shutdown earlier this year pressure build-up w
Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent. “The third quarter has been a solid operational quarter, with financial results
Turkey’s accord with Azerbaijan to import up to 6 billion cubic metres (bcm) of Caspian natural gas by 2017 has opened the way for… (reuters) [mappress] Source: reuters, October 31, 2011;
The Gazprom headquarters hosted yesterday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Energy and Coal Industry Minister. The parties held a regular round of negotiations on the current issues of bilateral cooperation. It was under
The Al Samriya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal November 7, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic
LNG Energy Ltd. announced that hydraulic stimulations were performed on both the Cambrian and Ordovician intervals in the Lebork S-1 well following LNG’s Performanced Based Reservoir Characterization Plan. The stimulations and subsequent flowback resulted in gas being flared from each interval, alth
State-owned Israel Natural Gas Lines said on Monday it signed a deal with Italian marine contractor Micoperi to build an off-shore liquefied natural gas terminal costing about 500 million shekels ($140 million). The company said in a statement that the terminal, to be built some 10 kilometres out fr
LNG, as a promising fuel alternative, has not been used for container vessels. DSME and Germanischer Lloyd (GL) have proved the feasibility of running large container vessels on LNG in a recently completed joint project. At a press conference held during the Kormarine Trade Fair in Busan, both parti
Eni presents the tenth edition of World Oil and Gas Review, a worldwide statistical review on oil and natural gas consumption, production, reserves, imports and exports. During 2010, oil demand rose to approximately 87.9 million barrels/day: +3.4% from the previous year. This growth has been driven
Private Russian gas producer Novatek is expected to double its gas output by 2020 from its current level, the company’s Deputy CEO… (prime-tass) [mappress] Source: prime-tass, October 31, 2011;
