Clean Fuel
LDT, Litgas book capacity at Lithuania’s LNG terminal
Lietuvos Duju Tiekimas (LDT) and Litgas have booked LNG regasification capacities at Lithuania’s first LNG import terminal starting this October, Klaipedos Nafta, the terminal operator said. This follows the closure of “annual terminal capacities allocation procedure” and conclusion of agreements wi
GasLog completes bond issuance in Norwegian market
Monaco-based LNG shipper completed the issuance of NOK750 million (approx. US$90 million) new unsecured bonds in the Norwegian market.
Report: EGAS wins Damietta LNG gas cuts case
The Egyptian Natural Gas Holding Company (EGAS) has reportedly won the case against the Damietta LNG plant at the International Court of Arbitration in Paris.
Flex LNG co-founders call it quits
Flex LNG, the company controlled by billionaire John Fredriksen, informed that Jostein Ueland and Trym Tveitnes have resigned from their positions as chief financial officer and chief technical officer. Both Ueland and Tveitnes are co-founders of Flex LNG, which was established in August 2006. They
GE Oil & Gas, Technip to explore digital solutions for LNG industry
GE Oil & Gas signed a memorandum of understanding with Technip aimed at exploring co-development of digital solutions for the liquefied natural gas industry.
Prices slide on supply surge as Norway outages end
By Oleg Vukmanovic (Reuters) – British wholesale gas prices extended losses on Tuesday morning as outages in Norway which had reduced flows ended and domestic output rose. The price of gas for day-ahead delivery fell by 0.90 pence to 32.00 pence per therm by 0920 GMT, while gas for instant delivery
Finland’s Speed adds LNG truck to fleet
A shipping container transport company, Speed of Finland added a liquefied natural gas-fueled truck to its fleet operating from Helsinki’s Vuosaari Harbor.
GasLog mulling bond issuance in Norwegian market
GasLog, the owner, operator and manager of LNG carriers on Monday informed it is considering the issuance of bonds in the Norwegian bond market.
Coming wave of gas puts focus on finding new shores
Energy giants such as Royal Dutch Shell and Total are looking to build terminals and power plants in new markets to soak up the industry’s rapidly burgeoning supply.
First Dunkirk LNG cargo to arrive on July 8, commercial ops to start in Sep
Commercial operations at France’s fourth LNG import terminal in the port of Dunkirk will begin in September, with the first cargo for commissioning purposes expected on July 8. The first commissioning cargo of about 135,000 cbm of LNG will be brought by France’s energy giant EDF, who owns a 65 perce
Q-Max Aamira bound for South Hook
South Hook LNG terminal in the UK is scheduled to receive another cargo of Qatari liquefied natural gas next week.
Amec Foster Wheeler awarded Mozambique job by Sasol
Amec Foster Wheeler said it has been awarded a detailed design and engineering contract by Sasol Petroleum for Phase 1 Tranche 1 of the PSA development for surface facilities at Temane.
Top news of the week June 6-11, 2016
Angola LNG loads first cargo after 2014 shutdown The Chevron-led $10 billion Angola LNG project has loaded its first cargo of the chilled fuel since the facility was closed in April 2014, due to a major rupture on a flare line. Shell sets new strategy, updates BG synergies target Hague-based LNG gia
Yamal LNG receives first loan tranche from Russian banks
Novatek-operated Yamal LNG project on Friday said it has received the first tranche of financing in the amount of €1 billion provided by Sberbank and Gazprombank under a loan agreement signed in April 2016.