Clean Fuel
LNG carrier due at UK South Hook next week
The South Hook terminal in the UK will receive a shipment of LNG from Qatar next week. The Mekaines LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the South Hook terminal on August 28, port data says. Qatar Petroleum owns 67.5 per cent of South Hook LNG Terminal Co, Exxon
EIA: Russia will supply gas to northern, eastern provinces of China
China’s natural gas demand has been growing as the government seeks to move away from coal in favor of cleaner fuels. According to EIA’s International Energy Outlook 2013 (IEO2013) Reference case, demand will more than triple from 5.2 Tcf in 2012 to 17.5 Tcf by 2040. Russia’s largest natural gas com
GasLog posts USD 10.4 mln profit in Q2
GasLog, an international owner, operator and manager of liquefied natural gas carriers, reported its financial results for the quarter ended June 30, 2014. EBITDA for the Q2 was $46.5 million compared to $20.9 million in Q2 2013. Profit of $3.5 million is lower compared the Q2 2013, when the company
Alexey Miller meets Chinese Ambassador Li Hui
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the company’s management committee and Li Hui, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Russian Federation. “The parties addressed the issues of strategic cooperation in
Hartmann Reederei presents first ethane fueled LEGC
In co-operation with engineering consultants HB Hunte Engineering, Hartmann Reederei of Leer developed a unique, new type of vessel: Ethylene Carrier ECO STAR 36K with „Svelte“-bow design. The new vessel type differs fundamentally from conventional gas carriers: As the first of its kind, its superst
Peru ships LNG cargo to Spain
The latest liquefied natural gas cargo to be loaded at the Peru LNG terminal has been dispatched to Spain. The 130,000 cbm Galea departed from the LNG export terminal on Monday, and it is sailing to the Huelva LNG import terminal. Peru also shipped a cargo of LNG onboard the 173,600 cbm Castillo de
Gate terminal to re-export LNG cargo
A liquefied natural gas tanker docked this morning at the first Dutch LNG import terminal, located on the Maasvlakte in the Port of Rotterdam. The 138,000 cubic metres Excelerate LNG tanker is currently loading the chilled gas which was previously imported and stored in one of Gate terminal’s three
Alternatives for Gulf of Finland LNG terminal presented to EC
The Finnish energy company Gasum and the Estonian energy company Alexela Energia have presented their alternative collaboration models concerning the liquefied natural gas (LNG) import terminal, planned for the Gulf of Finland, to the European Commission. In February, at the request of the European
LR publishes rules for offshore units
Lloyd’s Register has launched its new Rules for Offshore Units in one single document following an in-depth consultation with industry. It signals a move by the world’s oldest classification and certification society, to modernise the way in which Rules and their guidance notes are presented to indu
WFW advised Hoegh LNG Partners on IPO
Watson, Farley & Williams, an international law firm, has advised Höegh LNG Partnerson its recently completed IPO on the New York Stock Exchange. HMLP raised US$220.8 million in gross proceeds in the IPO, selling approximately 11 million common units at US$20 each. HMLP was formed by Höegh LNG, a fl
Gazprom against Russian LNG export competition
Russia’s Gazprom asked the government to block the changes to the gas-export law that now allows the other state-run company, Rosneft, to export LNG abroad, claiming it would create too much competition between domestic exporters. According to Bloomberg, Gazprom’s deputy CEO Valery Golubev wrote a l
Belgium awaits LNG arrival
The Al Marrouna LNG tanker, with a capacity of 151,700 cubic meters, is expected to arrive at Belgium’s Zeebrugge LNG terminal from Qatar on September 1, port data shows. The Zeebrugge import terminal has received two LNG deliveries this month with a third, the 145,500 cbm Milaha Qatar, expected to
Wood Groop revenue goes up 10 pct
Wood Group reported a total revenue of $3,801m in the first half of this year, up 10% compared to the same period in 2013. The company’s total EBITA was at $243.9m, in line when compared with the first half in 2013. Bob Keiller, CEO of Wood Group said: “We have seen strong performance in our PSN Pro
Turchynov: Lithuanian LNG experience will free Ukraine from Gazprom blackmail
Verkhovna Rada Chairman Oleksandr Turchynov held a meeting with the Klaipedos Nafta leaders on Monday where he got familiarized with Lithuania’s experience in building a liquefied natural gas terminal. Ukraine plans to build a liquefied natural gas terminal near Odesa in the nearest future. Turchyno