Apache Corp. has found a huge amount (up to 48 trillion cubic feet) of natural gas in its Liard Basin properties in northeastern BC. All of the gas is targeted to ship to a proposed LNG plant which should be built at Kitimat, according to Refinery News. As the company says, it is the best […]
OAO NOVATEK today reported preliminary production data for the second quarter and first half 2012. Gross production for the second quarter totaled 14.04 billion cubic meters of natural gas and 1.04 million tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 1.91
Golar LNG Partners LP announced today that it has priced its follow-on public offering of 5,500,000 common units, which represent limited partner interests, at a price of $30.95 per unit. The Partnership has granted the underwriters a 30-day option to purchase up to an additional 825,000 common unit
Wärtsilä, the marine industry’s leading solutions and services provider, is to supply the main engines for two environmentally sustainable tugs being built for CNOOC Energy Technology & Services Limited, a subsidiary of the state-owned China National Offshore Oil Corp. The vessels are the first in a
Croatia’s state-owned natural gas transmission system operator (TSO) Plinacro is on course to build the first phase of a potential 4-6 billion cubic metre (Gm³)/year LNG terminal by 2016, it confirmed on July, 04. The first phase will boast a 1-2Gm³ capacity and will be operational in 2016, or even
The CWC Group will host the 4th World LNG Series: Asia Pacific Summit on 10-13 September 2012 in Singapore. It is known in the industry as the most influential buyers and sellers meet in the region, bringing together delegates from over 150 companies across the world to listen to ground breaking dis
Dutch Gate terminal in the Port of Rotterdam will welcome the Nigerian LNG tanker LNG Port Harcourt today, according to the shipping data. LNG Port Harcourt can carry up to 122,000 cubic metres of LNG. AIS Live ship tracking data showed that the ship left the Bonny liquefaction and export terminal i
Today the Danish Energy Agency granted Nord Stream permission to operate the second of its twin pipelines that will transport natural gas from Russia to Europe. The permit to operate the first pipeline was granted a year ago, in July 2011. The operations permit was granted as Nord Stream has met and
Shell, the current owner of 4.1% of the shares in Gasnor AS, has signed a Share Purchase Agreement for the acquisition of the remaining outstanding shares in the company for USD 74 million (NOK 455.5 million). Subject to Norwegian regulatory approvals, the transaction is expected to be closed in the
From 2012-2016 the LNG industry is forecast to grow by nearly 40%. A boom in demand in Asia is driving export markets in Australasia and by 2016 North America may become a significant export player, driven by growth in its shale gas production, offering substantial feedstock for the LNG industry. Th
As This Day Live reports, the board of the Brass LNG Ltd. said that pre-investment spending on the project is now over $1 billion. Chairman of the board, Dr. Jackson Gaius-Obaseki said that a lot of things had been undertaken to push the project further, adding, “I am happy to report that phase 1 of
Inpex, an energy giant, is ramping up preparations for dredging of a shipping channel in Darwin Harbour, ABC News reported. The deepened channel will enable the traveling of large LNG tankers through the harbour to Blaydin Point, place where a multi-billion dollar plant is being built to process gas
Boluda Towage and Salvage, the division of harbor trailer, off shore and maritime rescue, has subscribed an agreement of contribution with the Australian company of trailer services PB Towage Australia that will permit to present jointly offerings for the contracts of trailer in port of the LNG term
Reportlinker.com announced that a new market research report is available in its catalogue: Europe LNG Markets to 2020- Analysis and Forecasts of Terminal wise Capacity and Associated Contracts, LNG Trade movements and Prices Description “LNGReports has launched the new comprehensive report on Europ
