The Society for Gas as a Marine Fuel (SGMF) was formally launched by Minister LuiTuck Yew on 15th October in conjunction with the Singapore International Bunkering Conference and Exhibition. According to SGMF’s website, its main goal is to promote safety and industry best practice in the use of liqu
Qatar’s Nakilat reported a QR 693 million net profit for the first nine months of 2014, a 25% rise compared to the same period in 2013.
Qatargas sold the first cargo of liquefied natural gas to Jovo LNG, an independent importer of the chilled gas from China.
Dana Gas said it has received a total of $83 million in collections in the last few weeks. The company received $47 million against its receivables in Egypt, $36 million of which is in local Egyptian Pounds earmarked to settle overdue payables to service providers to its Egyptian operations. The bal
During the annual IGU meetings in Berlin, Yemen’s application for Charter Membership was accepted. The IGU annual meetings which took place last week in Berlin, Germany, were attended by Yemen LNG as the main and only LNG entity representing the country. This has been a result of the strong support
Canadian and Australian companies have voiced their readiness to invest in Iran’s gas sector, director of the specialized committee of investment at NIGC, Asghar Soheilipour, said. Soheilipour said the Australian company is handling the executive affairs of projects while the Canadian firm is an inv
The partners in the Tamar gas field, offshore Israel, signed a letter of intent to supply gas to Dolphinus Holdings of Egypt. “The parties confirmed their intention to carry out exclusive negotiations on an agreement for the supply of natural gas from the Tamar Project to Dolphinius using the existi
Japan, the world’s largest LNG importer, is expected to receive another cargo of the chilled fuel from Qatar this month. The 135,420 cbm Zekreet departed from the Ras Laffan Port today and it is due to arrive at the Yokkaichi LNG terminal on October 30, shipping data shows. The Zekreet LNG tanker ha
SOHAR Port and Freezone said it will be offering LNG ship-to-ship services. That measures are now in place to begin issuing licenses to STS service providers equipped to handle LNG, came as a historic announcement at the 2014 Singapore International Bunkering Conference (SIBCON). “With 125 years’ ex
NYC-based PIRA Energy reported that India’s bargain buying offers peek into future spot trade. In Europe, commercial flows manage to dodge chaos, but risk remains real. The question of opportunistic buying remains a compelling one in the LNG trade. When it does not occur (China, with one exception,
Höegh LNG’s third FSRU, the 170,000 cbm Höegh Gallant, is expected to start operating as an LNG import terminal in Egypt by the end of 2014. The company signed earlier this year a letter of intent with Egyptian Natural Gas (Egas) to lease the FSRU for a period of five years. The Höegh Gallant is equ
Qatargas, the world’s largest LNG producer, said it has successfully started the Plateau Maintenance Project (PMP). The objective of the project is to ensure the production capacity of Qatargas 1 is maintained at 10 mtpa of LNG for many years to come, Qatargas said in a statement. The project involv
Qatar, the world’s largest liquefied natural gas producer, shipped an LNG cargo from the Ras Laffan Port to Japan today. The Fraiha LNG tanker, with a capacity of 210,000 cubic meters, is expected to arrive at Chubu Electric’s Chita terminal on October 30, according to shipping data. The Chita termi
The capacity of Iran’s gas transmission will increase as four pressure booster stations are expected to come on-stream, managing-director of Iran Gas Engineering and Development Company said. Alireza Gharibi said the booster stations are scheduled to become operational by March 2015. He added that 8
