Salzburg (Austria) hosted today the celebrations held by Gazprom, RAG and WINGAS and dedicated to completion of the Haidach underground gas storage (UGS) facility being the largest in Austria and the second-largest in Central Europe. Upon commissioning of the second and final phase of the UGS facili
The Methane Princess LNG carrier, with a capacity of 138,000 cubic metres, is due to arrive in the UK’s Dragon terminal May 26, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next 2
All Yamal gas fields earmarked for LNG production will be exempt from minerals extraction tax (MET) starting from 1 January next year, Russi… (argusmedia) [mappress] Source: argusmedia, May 18, 2011;
White Smoke AB and Frederiet AB have decided to join forces in the development of the world’s first LNG bunker vessel operation. All the future activities of the partners within the LNG bunkering business will be done through the jointly owned White Smoke Shipping AB. Fredrik Grenestedt, the managin
Petrofac, the international oil & gas facilities service provider, confirmed that its Training Services business has acquired the trade, assets and people of SkillsXP, from Dutch company Tritanium, for an initial cash consideration of €1 million. A further cash consideration of up to €0.5 million is
Russia is considering the possibility of using the Yamal LNG project as an alternative way of supplying natural gas to Europe, as Turkey has… (interfax) [mappress] Source: interfax, May 18, 2011;
The Gazprom Board of Directors reviewed the performance of the Company’s subsidiary companies and organizations over the autumn/winter period (between October and March) 2010–2011 and the information about the measures required to ensure uninterrupted gas supply to consumers in the autumn/winter per
Sources inform ”Globes” that Excelerate Energy Inc. of the US is the sole candidate to win the liquefied natural gas (LNG) project, after… (globes) [mappress] Source: globes, May 17, 2011;
Russia’s Lukoil and the EBRD today announced that the financing for Shah Deniz, the largest offshore gas field development in the Caspian Sea, had achieved full completion. Shah Deniz is now the largest new gas field in the region, serving both the Azeri and Georgian domestic gas markets, as well as
FLEX LNG announced that InterOil Corporation and Pacific LNG Operations, have exercised the option to subscribe for 11,315,080 shares in FLEX LNG on 16 May 2011 at an average strike price of NOK 4.591. The split of shares will be 8,938,913 to InterOil (a 7.18% holding in FLEX once issued) and 2,376,
Ukraine is finalizing the feasibility study of constructing a new terminal for liquefied natural gas on the Black Sea shore and will shortly… [mappress] Source: yahoo, May 17, 2011;
The Hungarian government could sign on to the Nabucco natural gas pipeline during a June meeting in Turkey, the Turkish energy minister said… (upi) [mappress] Source: upi, May 17, 2011;
Fluxys, a Belgium-based independent operator of both the natural gas transport, transit grid and storage infrastructure, is planning project… (neurope) [mappress] Source: neurope, May 16, 2011;
Noble Energy, Inc. announced today that it has ended drilling operations at the Leviathan #2 appraisal well location, offshore Israel. During the drilling process, the Company identified water flowing to the sea floor from the wellbore. The source is a water sand that flowed behind the surface casin
