Clean Fuel
Report: Yamal LNG unaffected by low oil prices
Yamal LNG’s output is less sensitive to oil price movements due to the project’s cash cost, according to Novatek’s chief financial officer Mark Gyetvay.
Qatari LNG cargo heading for Zeebrugge
Zeebrugge liquefied natural gas terminal operated by Fluxys is scheduled to receive the first cargo from Qatar in October.
European Commission to asses Luxembourg, Engie tax deals
The European Commission opened an in-depth investigation into Luxembourg’s tax treatment of Engie (formerly GDF Suez) that could have given the French LNG-player unfair advantage over other companies.
Peru ships LNG cargoes to Spain, Mexico
Peru’s only liquefaction facility at Pampa Melchorita last week shipped a cargo to Spain and Mexico, each.
Engie to cut 1,150 French jobs, LNG unit making losses- L’Expansion
French gas and power group Engie plans to cut about 1,150 jobs in various support functions and the firm’s Liquefied Natural Gas (LNG) business is set to book a full-year loss after making losses in the first half, L’Expansion said.
DEME’s LNG-powered multipurpose vessel launched
DEME’s LNG-powered offshore multipurpose vessel, the Living Stone has been launched on Sunday at the LaNaval shipyard close to Bilbao, Spain.
DW: new developments to shake up LNG market
Recent development in the LNG market is expected to have a significant impact on both the construction of LNG carriers and the primary LNG trading routes, according to Douglas-Westwood (DW).
LNG bunkering facilities planned for Germany’s Port of Lubeck
Lübecker Hafen-Gesellschaft, Germany’s largest port operator on the Baltic Sea that runs the public ports of the Hanseatic City of Lübeck, and Lübeck Port Authority signed a letter of intent with Russia’s LNG Gorskaya to set up LNG bunkering facilities. Under the deal, the companies plan to set up a
Qatar ships more LNG to UK
One of the world’s largest LNG carriers, the 266,000-cbm Aamira, is scheduled to deliver a cargo to the UK’s South Hook Terminal next week.
Avance Gas sells veteran LNG carrier
Oslo-based VLGC operator, Avance Gas on Friday said it has reached a deal to sell the liquefied natural gas (LNG) carrier Gaea. The 1980-built 126,530-cbm LNG tanker is expected to be delivered to an undisclosed owner in December this year, according to a statement by Avance Gas. “The sale proceeds
Cepsa eyes LNG bunkering using multi-product barge
Cepsa of Spain on Friday said it will be supplying LNG to ships through a first multi-product barge in Europe.
Portugal books Nigerian LNG cargo
REN’s Sines LNG terminal located on Portugal’s Atlantic coast is scheduled to receive a cargo of liquefied natural gas from Nigeria.
Statoil inks small-scale LNG cooperation deal with Lithuanian duo
Lithuanian natural gas trading companies Litgas and Lietuvos Dujų Tiekimas, both part of Lietuvos Energija, on Thursday signed an agreement with Norway’s Statoil to boost the development of the small-scale LNG market in the Baltic region. The deal enables “reliable and flexible wholesale LNG supplie
Ophir reports $70 million pre-tax loss in H1
London-based Ophir Energy, the developer of the Fortuna FLNG project in Equatorial Guinea, on Thursday, reported a pre-tax loss of US$70 million in the first half of 2016.