Cheniere Energy Partners, L.P. announced that its subsidiary, Sabine Pass Liquefaction, LLC, has entered into a LNG sale and purchase agreement (SPA) with GAIL (India) Limited under which GAIL has agreed to purchase approximately 3.5 million tonnes per annum (mtpa) of LNG from train four. Prior to t
OAO NOVATEK held its Corporate Strategy Presentation in London Friday, where the Company’s senior management provided operational guidance for production and capital expenditures through 2020, an update on the Yamal LNG project as well as a review of NOVATEK’s performance and strategy implementation
Plexus Holdings plc, has agreed to supply, subject to finalisation of the contract, Santos Ltd, a major Australian oil and gas exploration and production company, with wellhead equipment, mudline casing support system and services for oil and gas exploration activities in Western Australia. The cont
Berlin hosted today a working meeting between Alexey Miller, Chairman of the Management Committee of Gazprom and Kurt Bock, Chairman of the Board of Executive Directors of BASF. The meeting examined the current issues of bilateral cooperation. In particular, the Chairmen discussed the progress with
The board of BP p.l.c. announced today that Andrew Shilston will join the Board as a non-executive director with effect from 1st January 2012. Andrew Shilston is currently chief financial officer at Rolls-Royce Holdings plc. Carl-Henric Svanberg, chairman of BP, said: “We continue to strengthen the
Alexey Miller, Chairman of the Gazprom Management Committee held a meeting yesterday in Minsk on the integration of Beltransgaz into Gazprom Group. Taking part in the meeting were Deputy Chairmen of the Gazprom Management Committee: Andrey Kruglov, Head of the Department for Finance and Economics, a
Indonesia’s LNG exports dropped by 15 percent in October from the month before, according to data from the Indonesia Bank. The country exported 83.9 million British thermal units , down from 99.2 million British thermal units in September. Indonesian exports of LNG will fall to 362 cargoes in 2011 f
Indian Oil Corp and GAIL Ltd may buy stake in LNG projects in Africa, Business Standard reported, citing India’s Oil Minister S Jaipal Reddy. “Our companies such as GAIL, Petronet LNG and IOC are interested in sourcing LNG on a long-term basis from Africa; explore possibilities of equity participati
Statoil has awarded Buksér og Berging a contract for two escort tugboats to service the Kårstø processing plant on behalf of operator Gassco. The deal secures Kårstø new tugboat capacity with innovative technology for more environment-friendly operations. The two escort tugboats will assist the ship
Plans by Ukraine to develop a liquefied natural gas project on Black Sea Coast appear to be slipping, with the lack of interest from investors. Ukraine will delay a project to build LNG terminal, the Kommersant newspaper reported, citing an offical from NAK Naftogaz Ukrainy. Ukraine has recently app
Total has increased its stake in Novatek by finalizing the acquisition of an additional 2% interest in the Russian company for around 800 million dollars. Following this transaction, Total owns a 14.09% of share capital in Novatek. This transaction effective as of yesterday was finalized through the
According to a latest research report by RNCOS, “Indian Natural Gas Sector Analysis”, liquefied petroleum gas (LPG) and compressed natural gas (CNG) are positioning themselves as a future fuel option for both industrial and non industrial sectors in the domestic market. The number of LPG customers i
Taiwan, Asia’s third biggest importer of liquefied natural gas, imported 11,221,877 mt of LNG in January-November period, according to Taiwan’s Bureau of Foreign Trade data. LNG Imports in January-November period rose 8.0%, compared with the same period last year. Taiwan has two LNG import terminals
The RasGas Asclepius liquefied natural gas carrier, with a capacity of 145,000 cubic metres, is due to arrive in the Zeebrugge LNG terminal December 19, according to the Port of Zeebrugge website. The Zeebrugge LNG terminal is situated on a 30ha site in the outer port of Zeebrugge, Belgium. It is op
