Clean Fuel
BP’s earnings rise in Q3
UK-based energy giant and LNG player BP reported its underlying replacement cost profit, the company’s version of net profit, of $1.86 billion for the third quarter of 2017.
Spanish Oct gas demand climbs 8 pct
Spanish LNG terminal operator, Enagás said Tuesday that natural gas demand in October in the country rose 8 percent to 29.3 TWh. Conventional demand, destined for domestic, commercial and industrial consumption, ended the month with an increase of about 4 percent year-on-year, to exceed 20.6 TWh. Th
Gasconsult contracts GB&I for FLNG liquefaction tech design
Gasconsult, the UK based supplier of methane cycle liquefaction technology has awarded a contract to LNG engineer CB&I for development of its ZR-LNG liquefaction process.
Croatian LNG terminal environmental study set for public discussion
Croatian ministry of environmental protection and energy decided to initiate the public discussion regarding the environmental impact study on the floating LNG terminal NG terminal on the Island of Krk.
Sojitz grabs stake in Spanish LNG terminal operator Reganosa
Sojitz Corporation acquired full ownership of First State Regasificadora, securing a 15 percent stake in the Spanish LNG terminal and transmission system operator, Reganosa.
South Hook LNG books first November cargo
The UK’s South Hook liquefied natural gas terminal is scheduled to receive another cargo of LNG from Qatar at the end of the week.
Polish LNG terminal resumes ops after pipeline damaged during storm
Poland’s first LNG regasification terminal in the port of Swinoujscie has resumed operations after powerful winds hammered the facility on Sunday causing damage to a pipeline located on top of one of the terminal’s tanks. The pipeline used for monitoring the gas level in one of the tanks sustained d
Li Yalan named IGU president for 2021-2024
The council of the International Gas Union (IGU) named Li Yalan as president of the union from 2021-2024, with Beijing set to host the 2024 World gas conference.
Top news of the week October 23-28
Engie confirms review of upstream, midstream LNG business French energy giant and LNG player Engie confirmed it has started negotiation with interested counterparties to sell its upstream and midstream LNG activities. Novatek to order 15 Arctic LNG carriers at Zvezda shipyard Russia’s largest indepe
Total’s profit, LNG sales up in Q3
French gas and oil giant Total reported an adjusted net income of $2.7 billion during the third quarter, jumping 29 percent compared to the same period last year.
Wilhelmshaven ideal for German LNG import terminal, study says
A study conducted by a group of German companies shows that Wilhelmshaven is the ideal location for an LNG import terminal.
Exmar’s barge-based FSRU completed
Belgium’s Exmar, the Nicolas Savery-led shipowner said the construction of its barge-based FSRU has reached substantial completion.
Peru dispatches LNG cargo to Spain
Peru’s only liquefaction facility at Pampa Melchorita shipped its fourth cargo of the month earlier this week.
Aker Solutions bolsters LNG team
Aker Solutions of Norway hired four LNG specialists to bolster its liquefied natural gas capabilities to capitalize on the expected surge in global demand for the fuel.