Iran will issue an equivalent of some 5 billion dollars’ worth of bonds domestically to develop its giant South Pars gas field, managing director of the Pars Oil and Gas Company (POGC), Mousa Souri said. The bonds will be issued in domestic currency, amounting to 5,000 billion Tomans. The first phas
Poland’s gas monopoly PGNiG is looking to invest in a new refinery which would enable it to process eventual shale gas flows. (Warsaw Business Journal) [mappress] Source: Warsaw Business Journal, October 17, 2011
Indian energy major Reliance Industries will suspend oil and gas drilling pending an internal valuation of its exploration… (reuters) [mappress] Source: reuters, October 17, 2011
A ground breaking report published by the maritime cleantech market insight firm MEC Intelligence estimates more than 5% of the world fleet will adopt LNG propulsion by 2020 a huge growth considering less than 100 vessels presently. Best Option for Newbuilds Strict environment regulations requiring
The Supreme Court of Pakistan (SC) has rejected government’s plea in LNG import case Monday, Geo News reported. (thenews) [mappress] Source: thenews, October 17, 2011
Tokyo Electric Power Co plans to have a new 500 megawatt combined-cycle gas-fired unit at its Kawasaki plant running earlier… (reuters) [mappress] Source: reuters, October 17, 2011
OAO Gazprom has asked Russian Prime Minister Vladimir Putin not to apply transfer-pricing controls to the gas export monopoly’s… (bloomberg) [mappress] Source: bloomberg, October 17, 2011
China’s natural gas output rose 6.9 percent year-on-year to 23.9 billion cubic meters in the third quarter of the year, the country’s… (xinhuanet) [mappress] Source: xinhuanet, October 17, 2011
The Department of Energy (DoE) has secured the commitment of Brunei to provide a portion of its natural gas supply for the Philippines… (business.inquirer) [mappress] Source: business.inquirer, October 17, 2011
The I.M. Skaugen Group (IMSK) announced third quarter 2011 results. The pre-tax result for 3Q11 was negative USD2 mill compared to zero result for 3Q10. The result of the 3Q11 on an EBITDA basis was USD8.4 mill compared to USD7.9 mill for the 3Q10. The pre-tax result was negative USD6 mill YTD 3Q11
Ship owner Qatar Gas Transport Co (Nakilat) said a decision on whether to convert 45 of its largest tankers to burn natural gas instead of… (tradearabia) [mappress] Source: tradearabia, October 17, 2011
RasGas Company Limited (RasGas) will deliver approximately 8.3 million tonnes of liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS), nearly a quarter of the total anticipated demand in South Korea this year, said His Excellency Dr. Mohammed Bin Saleh Al Sada, Qatar’s Minister of Energy and
Kinder Morgan, Inc. (KMI) and El Paso Corporation (EP) announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth largest energy company in North America with an enterprise value of approximatel
Natural gas was hailed a “game changer” as experts debated the future of the gas industry amid a global drive to secure new energy… (iii) [mappress] Source: iii, October 17, 2011
