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
Longmont Engineering Pty Ltd has been awarded a multi-million dollar contract to construct the first temporary accommodation facility in the Miles area for pipeline personnel working on the Australia Pacific LNG Project. MCJV, which is a large Australian-based contractor experienced in delivering la
The Lahore High Court on Tuesday sought a reply from federal government and OGRA (Oil & Gas Regulatory Authority) regarding alleged … (tribune) [mappress] Source: tribune, November 30, 2011;
Chevron Australia has welcomed the signing of gas sales agreements that will help bolster Western Australia’s future energy security. Under the agreements, gas from the Chevron operated Gorgon Project will be purchased through long term contracts by Western Australia’s largest energy retailer, Syner
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
Eni announced the purchase of a 32.5% stake in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, around 300km northwest of Darwin, where there is an existing LNG plant precinct. The undeveloped Evans Sh
A parallel development of the Nabucco and White Stream gas pipelines would provide Europe with its targeted supply and transit security, … (reuters) [mappress] Source: reuters, November 30, 2011; Image: white stream
The Greater Stockholm region’s first refuelling station for liquefied methane gas, LNG/LBG, opened last week. The filling station, Statoil Järna, is part of the BiMe Trucks project in which Volvo Trucks is one of the participating companies along with AGA, which supplies the liquefied gas. One of th
British gas prices fell on Tuesday, chiefly due to rising supply confidence and as stock releases undercut gains, while mild weather … (reuters) [mappress] Source: reuters, November 29, 2011; Image: uk national grid
CBM Asia Development Corp., announced that Medco Energi has signed a non-binding Memorandum of Understanding (MOU), to conduct the sale and purchase of coalbed methane gas produced during the dewatering stage at the Sekayu Coalbed Methane (CBM) Production Sharing Contract (PCS), South Sumatra, Indon
Energy exploration companies on Tuesday called on the Israeli government to allow them to export natural gas from recently discovered … (reuters) [mappress] Source: reuters, November 29, 2011; Image: noble
Turkey agreed with China Tianchen Engineering Corp. to construct up to 1 billion cubic meters of underground natural gas storage capacity in… (bloomberg) [mappress] Source: bloomberg, November 29, 2011; Image: botas
The government said Tuesday that half of the gas from the planned third train at the Tangguh liquefied natural gas (LNG) plant in Papua may… (thejakartapost) [mappress] Source: thejakartapost, November 29, 2011; Image: bp
