Clean Fuel
European Commission approves Lithuanian LNG terminal aid
The European Commission has approved the compensation granted by Lithuania to Litgas for supplying a mandatory quantity of liquefied natural gas to the LNG terminal in Klaipėda.
Sovcomflot’s LNG-fueled Aframax completes NSR passage
Lomonosov Prospect, the second in the series of Sovcomflot’s six LNG-fueled Aframax tankers completed a commercial voyage along the Northern Sea Route (NSR) to deliver a cargo of petroleum products from South Korea to Northern Europe.
Gastrade launches market test for Greek FSRU project
Greece’s Gastrade on Tuesday launched a market test for the proposed LNG terminal project in Alexandroupolis in Northern Greece that includes the installation of a floating storage and regasification unit (FSRU). Companies interested in reserving capacity at the Alexandroupolis facility must submit
Fluxys closes Total, EDF stake acquisition in Dunkirk LNG
Belgium-based Fluxys and its consortium partners closed the joint acquisition of a 35.76 percent stake in Dunkerque LNG, the owner of the liquefied natural gas terminal in Dunkirk, from EDF and Total.
Wärtsilä sheds pumps business to Solix Group
Finnish technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden.
Skangas to fuel Gothia Tanker Alliance’s LNG-powered ships
Nordic LNG company Skangas, a unit of Gasum, has agreed to supply Gothia Tanker Alliance to supply liquefied natural gas (LNG) as fuel.
Gate LNG volumes surge in Jan-Sep
Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal rose 190 percent in the January-September period as compared to the same period a year ago, according to the data released by the Port of Rotterdam on Tuesday. Total LNG throughput at the facility located in in the port of Rot
Gazprom pushing forward gas pipeline, LNG projects
Russian giant Gazprom is progressing a number of gas pipeline projects with three major projects already over 90 percent complete.
BP’s quarterly profit hits five-year high
UK-based energy giant and LNG player BP reported a surge in profit during the third quarter, hitting the highest quarterly figure in over five years.
Eni and Total join forces to explore off Algeria
Italian energy company Eni and its French peer Total have signed a deal to jointly explore for oil and gas in Algeria. The duo signed a deal with state-owned Algerian energy company Sonatrach to pursue offshore exploration in the country while working together on exploration permits. “Together with
Pieridae’s Goldboro LNG eligible for German loan
Pieridae Energy said its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to $1.5 billion of loan guarantee by the German federal government.
McDermott to partner with Saipem on Rio Grande LNG bid
McDermott International on Monday said it plans to partner with the Italian oil and gas industry contractor Saipem to bid for NextDecade’s planned Rio Grande LNG project in Brownsville, Texas.
GTT’s nine-month revenue climbs as LNG ship orders flood in
French liquefied natural gas containment system specialist, GTT, posted a 7.1 percent rise in nine-month revenue as the company expects the year to be a record one.
GTT scores SHI tank order for NYK LNG carrier
French LNG containment specialist GTT has won a new order from South Korea’s Samsung Heavy Industries for the design of the tanks of a 174,400-cbm liquefied natural gas carrier. Samsung Heavy will build the LNG carrier on behalf of the Japanese shipping giant Nippon Yusen Kaisha (NYK). GTT’s Mark II