Tokyo Gas, Co., Ltd. announced today the signing of a heads of agreement regarding the sale and purchase of liquefied natural gas (LNG) with Saibu Gas Co., Ltd. . Under the agreement, Tokyo Gas will supply Saibu Gas with LNG for a period of 16 years extending from FY2014 to FY2029. The LNG supplies
GDF SUEZ has closed Wednesday its agreement to buy 5 natural gas underground storage facilities in Germany and a 19.7% stake in another one. The transaction announced 31 January 2011 covers the storage facilities held by BEB Speicher GmbH and by ExxonMobil Gasspeicher Deutschland GmbH. This transact
British winter 2011/12 gas fell from an all-time high reached on Tuesday as further profit taking weakened the contract and traders said it… (reuters) [mappress] Source: reuters, September 1, 2011;
IHI Corp. said Wednesday that it has developed a low-emission container ship that can run on liquefied natural gas in addition to the conven… (nikkei) [mappress] Source: nikkei, September 1, 2011;
RWE AG said it hopes to sell import slots at the Dutch Gate liquefied natural gas terminal even as the facility prepares to receive its firs… [mappress] Source: bloomberg, September 1, 2011;
LNG Energy Ltd. announced that it has amended the terms of its previously announced financing to increase the size of the offering from $15,000,000 to $17,500,000. The Company has entered into an amended and restated underwriting agreement with a syndicate of underwriters led by Paradigm Capital Inc
Golar LNG Ltd. expects the tightening market for shipping liquefied natural gas will reach a crescendo next year, Chief Executive Officer Do… [mappress] Source: bloomberg, August 31, 2011;
The Gladstone based liquefied natural gas (LNG) companies – Australia Pacific LNG, GLNG and QGC – have joined with community representatives to form a collaborative forum to directly involve and engage the community in LNG projects, keep them abreast of industry developments and provide an avenue fo
South Korean heavy transportation company TPI Mega Line has introduced the newest vessel in its fleet, the Mega Caravan II, on August 25, 2011. The newest heavy lift deck carrier in the fleet is one of the three company vessels contracted by the Gorgon Joint Venture. TPI Mega Line has been awarded t
Pipe laying operations at the South Pars gas field phases 15 and 16 is near completion, the manager of the SP phases 15 and 16, Abolqasem Noubakhti said. He went on to say that, pipe laying of the phase 16 with 115 kilometers length have been completed while the work in phase 15 is going […]
Awilco LNG today announced second quarter 2011 results. Highlights Second Quarter • In April and May Awilco LNG completed private placements raising a total of MUSD 150.5 in new equity. • In May Awilco LNG signed Shipbuilding contracts and Option agreements for the construction of two (+ two optiona
Woodside Petroleum has accepted the federal government’s heritage listing of parts of the west Kimberley but downplayed the heritage value o… (thewest) [mappress] Source: thewest, August 31, 2011;
MEO Australia Limited announced that a contract has been executed with Fugro Multi Client Services Pty Ltd for the acquisition and processing of a 323 km2 3D multi-client seismic survey (‘Zeus 3D survey’) in WA-361-P, in the Carnarvon Basin, offshore Western Australia. WA-361-P is located in close p
Qatar is about to overtake Indonesia as the third-largest exporter of liquefied natural gas to Japan, which has been increasing LNG imports… (gulf-times) [mappress] Source: gulf-times, August 31, 2011;
