Clean Fuel
Mikhelson: Yamal LNG financing at $19 bln
Yamal LNG’s total debt financing is estimated at US$18 to US$19 billion, according to Leonid Mikhelson CEO of the project’s operator Novatek.
Fitch: Woodside’s outlook revised to negative
Credit rating agency Fitch on Friday informed it has revised the outlook on Woodside’s IDR to negative from stable.
WSP secures Grain LNG job
Technical consultancy WSP Parsons Brinckerhoff has been selected to provide engineering and design services on the National Grid’s Grain LNG terminal’s expansion framework.
Lloyds Energy selects KDJV for near-shore FLNG development
Bermuda-registered Lloyds Energy informed it has recently signed a letter of intent with KBR-DSME joint venture, KDJV, for the development of near-shore floating liquid natural gas facilities.
Saipem, DESFA sign MoU
Saipem of Italy said it has signed a memorandum of understanding with Greek gas grid operator DESFA for cooperation on onshore and offshore gas projects within the Balkans and Eastern Mediterranean regions. “The companies will identify opportunities to create value for customers by combining Saipem’
First May LNG cargo heading for South Hook
South Hook LNG terminal in the United Kingdom is expected to receive its first May cargo from Qatar next week.
Top news of the week April 18-23, 2016
FERC clears Magnolia LNG construction Australia’s Liquefied Natural Gas Limited on Monday informed it’s unit, Magnolia LNG, received the permit from the U.S. FERC to site, construct, and operate its LNG terminal in the Lake Charles District, Louisiana. Cheniere ships US LNG to Europe Cheniere’s Sabi
Finnish LNG-powered icebreaker begins sea trials
Arctech Helsinki Shipyard on Friday said that the Finnish LNG-powered icebreaker Polaris has set out to sea trials.
Italy: OLT Offshore awards five regasification slots
OLT Offshore LNG Toscana on Thursday informed it has allocated five slots for the regasification and storage bundled service.
Qatar ships more LNG to South Hook
South Hook LNG terminal in the UK is scheduled to receive another cargo of Qatari liquefied natural gas next week.
Report: Chinese banks to put up $10 bln for Yamal LNG
Novatek-operated Yamal LNG project in Russia is close to securing around US$10 billion in loans from Chinese banks, according to China National Petroleum Corp’s first vice president Wang Zhongcai.
Wartsila’s order intake down, 550 jobs to be cut
Finnish engine manufacturer Wärtsilä on Thursday informed its order intake for the first quarter 2016 was at €1.27 billion, 1 percent down on the same period in 2015.
Repsol sells its LPG business in Peru and Ecuador
Spanish energy giant Repsol said on Wednesday it had entered into a deal with the Chilean company Abastible to sell its LPG business in Peru and Ecuador. The deal is worth about US$335 million, and is expected to close in the upcoming months, Repsol said in its statement. Repsol also sold its stake
Shell to fuel Aida Cruises’ LNG liners
Aida Cruises informed that it has signed an LNG supply deal with Shell for its two LNG-powered cruise ships, the AIDAprima and AIDAperla.