Clean Fuel
Zeebrugge set for Qatari LNG cargo
Fluxys-operated Zeebrugge liquefied natural gas terminal is scheduled to receive its second LNG cargo for the month of March.
Q-Max heading for South Hook LNG terminal
South Hook liquefied natural gas terminal in the United Kingdom is set to receive another cargo from Qatar next week.
Gazprom completes first LNG bunkering at port of Rostock
Gazprom Germania, a German unit of Gazprom Export said on Wednesday it has completed the first LNG bunkering operation at the port of Rostock.
Fluor closes acquisition of Stork
U.S. based LNG engineer Fluor on Tuesday said it has completed the acquisition Stork, a Dutch industrial services company, from Arle Capital Partners. valued at €695 million ($755 million).
Flogas expanding LNG distribution fleet
Flogas Britain, distributor of liquefied natural gas in the UK on Tuesday revealed it plans a multi-million pound investment in LNG distribution fleet.
Gazprom Export to begin gas auction for Baltic States
Gazprom Export recently informed it will start its second gas auction offering more than 560 mcm of gas for the Baltic States.
National Grid to close Avonmouth LNG facility
National Grid said it will permanently close UK’s Avonmouth liquefied natural gas storage facility on April 30. According to a statement by National Grid issued last week, the Avonmouth facility, which is over 40 years old and characterised by “assets approaching the end of their technical life” has
Hoegh LNG Partners posts higher profit
Höegh LNG Partners, the spin-off of Norway’s Höegh LNG, reported on Monday a net income of $16.5 million in the fourth quarter of 2015, up from $7.5 million for the same period a year ago. The net income for both periods was impacted by the “unrealized gains (losses) on derivative instruments” mainl
Golar LNG’s quarterly loss almost $60 million
Golar LNG, the owner and operator of liquefied natural gas carriers posted a US$59.9 million loss in the fourth quarter of 2015.
Gainn4Mos LNG projects gain ground
Several technical meetings were held during January and February concerning Gainn4Mos LNG pilot projects co-financed by the CEF Programme of the European Commission.
Baltic Exchange says in talks over sale; SGX says among suitors
By Jonathan Saul and Anshuman Daga LONDON/SINGAPORE (Reuters) – The Baltic Exchange confirmed on Friday it had received a number of “exploratory approaches” after the Singapore Exchange Ltd revealed it was seeking to buy the business which has been the hub of the global shipping market for centuries
Hoegh LNG slices Q4 loss
Norway’s Höegh LNG has reduced its net loss in the fourth quarter of 2015 despite booking US$37 million in impairments after it halted its FLNG operations. Höegh LNG posted a net loss after tax of $33 million in the fourth quarter, compared to $59.3 million in the same quarter a year before. For the
UK books more Qatari LNG
South Hook LNG terminal located on the shores of the Milford Haven waterway is set for another cargo of Qatari liquefied natural gas next week.
Hoegh LNG secures $223 million for seventh FSRU
Oslo-Based Höegh LNG on Monday said it has secured US$223 million bank financing for its seventh FSRU newbuild.