Clean Fuel
DSME orders GTT tech for LNG duo
GTT of France has secured an order for two LNGCs which will be built by the Korean shipbuilder DSME. The vessels will be equipped with the NO 96 GW membrane technology, which allows an optimized daily boil-off rate of cargo LNG, and helps to save fuel cost during journeys, GTT said in a statement. T
Picture of the day: Arctic Princess at Gate LNG terminal
The 2006 built Arctic Princess LNG carrier posed at the Gate terminal on Maasvlakte in Rotterdam. The 147,980 cbm vessel built by Mitsubishi Heavy Industries is chartered by Statoil. Gate LNG import terminal consists of three storage tanks, two jetty’s and a process area where the LNG is regasified.
Xodus Subsea to push boundaries of submerged sector
Saipem, Xodus Group and Chiyoda Corporation joined forces to establish a standalone company, named Xodus Subsea, with the objective to support the growing activity in the subsea fields development sector. Xodus Subsea will provide studies, engineering and consultancy services focusing mainly on the
Blue Corridor 2014 NGV rally rolls out
The international OEM-produced natural gas-fuelled vehicles rally “Blue Corridor-2014” was kicked-off in a festive mood on couple of days ago. This year the start of the rally coincided with the opening ceremony of Saint-Petersburg international gas forum. Gazprom CEO Alexey Miller gave the rally a
VSL to build first LNG calibration facility
VSL will develop the international standard for liquefied natural gas in a new measurement and calibration facility for LNG on the Rotterdam Maasvlakte. The growing consumption of LNG calls for good measurement solutions for its fair use and trading. The project will start in mid-October and the LNG
Gazprom, Fluxys considering stronger cooperation
Chairman of the Gazprom Management Committee, Alexey Miller met with Fluxys CEO, Walter Peeraer during the St. Petersburg International Gas Forum. The parties considered possible expansion of the partnership in the gas sector. Prospects for the cooperation deepening in natural gas transmission and s
Miller: global LNG market share to remain at 30 pct
LNG share on the global market will not surpass the 30% mark, according to the Gazprom CEO Alexey Miller. Speaking at the St. Petersburg International Gas Forum, Miller said that the North American market, the Asia-Pacific market, the European market developed following their own trends and what’s m
PIRA: buying flexibility grows with Japan, Korea import capacity
NYC-based PIRA Energy Group reports that new import capacity in Japan and Korea enhances buying flexibility. Report points out that the U.S. market’s lack of direction was highlighted by the NYMEX falloff after hefty build. In Europe, gas year begins with high stocks but even higher risks. Much atte
Gazprom, Argentina talk LNG
Gazprom and Argentina discussed on Tuesday potential LNG supplies to the country. Gazprom’s Alexey Miller and Debora Giorgi, Industry Minister of Argentina met at the 4th St. Petersburg International Gas Forum where they “looked at the development prospects for the bilateral cooperation in the gas s
EU funds Napa Ports LNG infrastructure development
The European Union, in the framework of the Ten-T call, co-funded North Adriatic Ports with 322.000 euros for the realization of a Masterplan to design a comprehensive value chain for the use of LNG and other low emission solutions. These actions will help to increase fleet competitiveness, efficien
Gazprom, BASF strengthening ties
St. Petersburg International Gas Forum was the meeting venue for Gazprom and BASF executives where they addressed strategic cooperation issues. Alexey Miller of Gazprom and Kurt Bock, Chairman of BASF’s Board addressed the strategic cooperation issues, particularly an asset swap deal between Gazprom
Wartsila to build bio-LNG plant in Indonesia
Wärtsilä and two Indonesian partners signed a joint development agreement to create the first ever bio-LNG plant in Indonesia. The co-signers of the agreement with Wärtsilä are PT Pertamina, a national energy company, and PT Godang Tua Jaya, a waste utilization sector specialist company. Wärtsilä Oi
Yamgaz awards Yamal LNG contract to AG&P
The Atlantic Gulf & Pacific Company said it has been awarded a major contract to supply critical process modules to the Yamal LNG project in Russia. Located in Sabetta, north-east of the Yamal Peninsula, the Yamal LNG is the first LNG development venture in the Arctic. “Following a competitive tende
INTERVIEW: BW investing heavily in LNG
Singapore-based BW, which has been involved in LNG shipping for more than 40 years, has been spending heavily on its LNG business lately, with the most recent order bringing BW’s LNG fleet size to 20 tankers. In an interview with LNG World News, BW’s Managing Director of Shipping Yngvil Ashiem discu