Clean Fuel
Gazprom M&T secures USD 500 million credit facility
Gazprom Marketing & Trading, a unit of Russian gas giant Gazprom, said it has recently signed a USD 500 million syndicated revolving credit facility. The facility consists of a USD 400 million 364 day denominated multicurrency revolving credit tranche with GM&T as the borrower and a USD 100m single
Gazprom M&T secures USD 500 million credit facility
Gazprom Marketing & Trading, a unit of Russian gas giant Gazprom, said it has recently signed a USD 500 million syndicated revolving credit facility. The facility consists of a USD 400 million 364 day denominated multicurrency revolving credit tranche with GM&T as the borrower and a USD 100m single
Iran and Azerbaijan to expand energy ties
Iran and Azerbaijan are planning to expand their cooperation in oil and gas sectors under new international conditions, Iran’s deputy oil minister for international affairs and trade said. Amir Hossein Zamaninia made the remarks following a meeting between Iran’s Oil Minister Bijan Namdar Zanganeh a
Iran and Azerbaijan to expand energy ties
Iran and Azerbaijan are planning to expand their cooperation in oil and gas sectors under new international conditions, Iran’s deputy oil minister for international affairs and trade said. Amir Hossein Zamaninia made the remarks following a meeting between Iran’s Oil Minister Bijan Namdar Zanganeh a
Portugal’s Sines awaits LNG cargo
REN’s Sines LNG terminal in Portugal is expected to receive a cargo of the chilled gas on August 7. The 75,500 cbm Cheikh Bouamama, owned by Hyproc Shipping, is carrying the cargo from Algeria’s Skikda LNG export plant, port data reveals. The LNG terminal in Sines lies on Portugal’s Atlantic coast i
Portugal’s Sines awaits LNG cargo
REN’s Sines LNG terminal in Portugal is expected to receive a cargo of the chilled gas on August 7. The 75,500 cbm Cheikh Bouamama, owned by Hyproc Shipping, is carrying the cargo from Algeria’s Skikda LNG export plant, port data reveals. The LNG terminal in Sines lies on Portugal’s Atlantic coast i
GasLog LNG newbuild on way to Belgium
GasLog’s newbuild LNG carrier, GasLog Salem, departed from Qatar’s Ras Laffan facilities on Tuesday carrying a cargo of the chilled gas for Belgium. The 155,000 cubic meters vessel is expected to arrive at the Fluxys-operated Zeebrugge LNG terminal on August 21, port data reveals. GasLog Salem was d
GasLog LNG newbuild on way to Belgium
GasLog’s newbuild LNG carrier, GasLog Salem, departed from Qatar’s Ras Laffan facilities on Tuesday carrying a cargo of the chilled gas for Belgium. The 155,000 cubic meters vessel is expected to arrive at the Fluxys-operated Zeebrugge LNG terminal on August 21, port data reveals. GasLog Salem was d
Caterpillar working on Fure West LNG conversion
Caterpillar Marine informed it is working on another dual fuel engine retrofit conversion onboard the 472 foot Fure West tanker, owned by Furetank Rederi. The MaK M 43 C diesel engine onboard the tanker will be retrofitted in hull to the 7 cylinder M 46 dual fuel platform, with each cylinder offerin
Caterpillar working on Fure West LNG conversion
Caterpillar Marine informed it is working on another dual fuel engine retrofit conversion onboard the 472 foot Fure West tanker, owned by Furetank Rederi. The MaK M 43 C diesel engine onboard the tanker will be retrofitted in hull to the 7 cylinder M 46 dual fuel platform, with each cylinder offerin
PIRA: LNG send-out in Europe not responding to gas shortage
Energy information provider PIRA said that LNG send-out in Europe is not responding to the shortage of gas in storage in many countries. According to PIRA’s weekly report, the global surplus in liquefied natural gas will not necessarily lead to Europe being a passive dumping ground for volumes. Euro
PIRA: LNG send-out in Europe not responding to gas shortage
Energy information provider PIRA said that LNG send-out in Europe is not responding to the shortage of gas in storage in many countries. According to PIRA’s weekly report, the global surplus in liquefied natural gas will not necessarily lead to Europe being a passive dumping ground for volumes. Euro
Golar LNG to buy GMLP shares
Golar LNG Limited said it has approved a unit purchase program under which the company may purchase up to $25 million worth of Golar LNG Partners (GMLP) outstanding units over the next 12 months. “Given Golar LNG Partners’ current yield of approximately 11%, the company views this purchase program a
Golar LNG to buy GMLP shares
Golar LNG Limited said it has approved a unit purchase program under which the company may purchase up to $25 million worth of Golar LNG Partners (GMLP) outstanding units over the next 12 months. “Given Golar LNG Partners’ current yield of approximately 11%, the company views this purchase program a