Clean Fuel
LR publishes fire loadings and protection guidance notes for offshore industry
Offshore fire risk requires a deep understanding and improved safety management on offshore vessels and installations, and ocean-going vessels. The new Lloyd’s Register Energy Guidance Notes, launched at ONS 2014, assist designers, owners and operators of oil and gas equipment on how to assess fire
Cyprus to start negotiations over LNG terminal
The Council of Ministers of Cyprus has given the green light to a specialized team to start negotiations with Eni-KOGAS consortium and Total of France with the aim to reach agreements on LNG developments. Eni-Kogas consortium has signed a contract for hydrocarbons exploration in blocks 2, 3 and 9 wi
South Hook awaits another Qatari LNG cargo
The Al Ghuwairiya LNG tanker, with a 263,000 cubic metres capacity, is due to arrive in the UK’s South Hook terminal from Qatar on September 1, port data reveals. This will be the first LNG carrier to dock at the import terminal in the month of September. The South Hook terminal can process 15.6 mil
Gazprom could supply LNG to Vietnam
Alexey Miller of Gazprom and Fam Suan Shon, Ambassador Extraordinary and Plenipotentiary of Vietnam, met in Moscow where they discussed possible Russian LNG supply to Vietnam. The meeting also addressed the issues of the Russian-Vietnamese cooperation in the energy sector. In particular, the parties
IGas to spud Ellesmere Port well later in the year
IGas, a producer of onshore hydrocarbons in the UK, has secured a rig to drill the Ellesmere Port exploration well which is expected to spud in late 2014. A comprehensive community engagement programme has commenced. The Ellesmere Port well, which is a straight vertical exploration well, will be the
Greece pushing for LNG back up plan for the Balkans
Greece is urging EU to set up a back up plan for the Balkans region in case of Russia’s gas supply cut off due to the Ukraine crisis. Greek Energy Minister Yannis Maniatis sent a letter to European Energy Commissioner Guenther Oettinger proposing that surplus amounts of lower-priced LNG are not sold
Centrica buys back more shares
Centrica said that it purchased (through Barclays Bank) 750,000 Centrica ordinary shares at an average price of 317.1067 pence per share. The highest price and the lowest price paid for these shares were 318.00 pence and 316.30 pence respectively. The purchased shares will be held as treasury shares
Hoegh LNG income drops
Höegh LNG of Norway reported USD 32.3 million in total income in the second quarter 2014, down from USD 42.7 million in the second quarter 2013. The decrease is mainly due to USD 16.2 million lower construction contract revenues, the company said in a statement. Höegh LNG ’s consolidated operating l
E.ON gets state backing for LNG deals
Germany, that meets about 40% of its gas demand by Russian imports, is providing multi-billion euro financial guarantees to E.ON, which is looking to sign LNG import deals with a number of suppliers. Last year, E.ON received a 2 billion euro Untied Loan Guarantee of the Federal Republic of Germany (
Ukrainian gas debt to Gazprom over USD 5 bln
Ukraine’s debt for gas supplies from Russia were at $5.3 billion as of August 1 and Gazprom urged Kiev not to disrupt the gas transit to Europe. “Gazprom counts on Naftogaz of Ukraine to stick to its obligations on redemptions of arrears for the supplied gas and provision of smooth gas transit via U
Volvo rolls out gas-powered truck
Volvo Trucks is expanding its model range in Europe with a new version of the Volvo FE running entirely on methane gas. The Volvo FE CNG (Compressed Natural Gas) has been primarily developed for operations involving short driving cycles with repeated starts and stops such as refuse collection and lo
Cryostar to deliver LNG equipment to AGA GAS of Sweden
Cryostar has been selected by AGA GAS AB in Sweden to equip Liquefied Natural Gas (LNG) and Liquefied-Compressed Natural Gas (LCNG) station, located in Örebro, 200km away from Stockholm. The end of 2013 saw Sweden’s AGA GAS award Cryostar the contract to deliver equipment for its new LNG and LCNG st
Gaz-System, Amber Grid look for EU support
On 19 August 2014, the Polish and Lithuanian natural gas transmission systems operators Gaz-System and Amber Grid submitted joint applications to the Innovation & Networks Executive Agency (INEA) for the co-financing of the project Gas Interconnection Poland – Lithuania (GIPL) from Connecting Europe
Lithuania signs LNG import deal with Statoil
Looking to free itself from the dependence on Russian gas, Lithuania signed its first LNG purchase deal with Norway’s Statoil. Starting in 2015, Statoil will be supplying an annual volume of 540 million cubic meters of natural gas (approx. 950 thousand cubic meters of LNG) to ensure continuous opera