Clean Fuel
Shell-BG deal viable at $50 oil price
Royal Dutch Shell has assured investors its US$70 billion acquisition of BG Group is profitable even if the US$50 per barrel oil price persists for further two years.
Clyde & Co advises on WAGL’s LNG project
Global law firm Clyde & Co advised West African Gas Limited (WAGL) in its development of an LNG import projects in Ghana’s port of Tema.
Scapa Flow to host LNG STS transfer
A ship-to-ship LNG transfer is scheduled for the weekend in Scapa Flow, located within the Orkney Islands, off the northeast coast of Scotland.
Gate ups LNG volumes in 2015
Dutch Gate LNG terminal, a unit of Gasunie and Vopak, said on Thursday it increased its LNG throughput volumes in 2015. Gate’s customers unloaded and reloaded a total number of 49 LNG vessels last year compared to 34 ships in 2014. According to a statement by the LNG terminal located in Port of Rott
Golar LNG reduces TRS exposure
Golar LNG, the owner and operator of liquefied natural gas carriers informed on Wednesday that it has acquired 500,000 shares reducing its exposure under the total return swap deal.
LR, Aker Solutions tie-up on subsea oil and gas developments
London-based Lloyd’s Register joined forces with the Norwegian services company Aker Solutions through a framework agreement aimed to increase efficiency in engineering and subsea oil and gas developments.
LaNaval lays keel for LNG-powered multipurpose vessel
LaNaval Shipyard recently laid the keel for an LNG-powered offshore multipurpose vessel for DEME’s unit, Tideway.
China Insurance Investment fund eyeing Yamal LNG stake
China Insurance Regulatory Commission (CIRC) on Monday said a new investment firm raised 40 billion yuan (US$6.1 billion) to fund energy projects abroad.
Golar Glacier to load LNG at Zeebruge
Fluxy-operated Zeebrugge LNG terminal is set to accommodate Golar LNG’s carrier, Golar Glacier, on Friday, January 8.
First Polish LNG station opened
Cryogas M&T Poland recently completed the first public-access LNG/CNG station in the country as well as in Central Europe for PGK Srem.
Croatian LNG project receives seven equity interest bids
LNG Hrvatska, the company established to build and operate the first Croatian liquefied natural gas terminal on the island of Krk concluded the public call for investment in the project.
Montoir-de-Bretagne awaits Norwegian LNG cargo
France’s Montoir-de-Bretagne LNG terminal in the Nantes Saint-Nazaire harbor is scheduled to receive a cargo of the chilled gas from Statoil’s Hammerfest plant in Norway.
LNG cargo heading for South Hook
The United Kingdom’s South Hook LNG terminal will receive a cargo of liquefied natural gas from Qatar at the end of the week.
Top news of the week December 28, 2015 – January 2, 2016
Petronas: PFLNG1 95 pct complete Petronas of Malaysia on Tuesday informed its first floating LNG unit, the PFLNG1, has reached the 95 percent completion mark. Cheniere’s Sabine Pass LNG hits homestretch Houston-based LNG player Cheniere recently informed that the overall construction on its Sabine P