GFS Corp brings to market its first offering for the open-pit mining sector. The company’s EVO–MT 7930 System is specifically designed for the Caterpillar 793 series of mine haul trucks. The EVO-MT System allows mining companies to substantially reduce operating costs without major modification of e
The Parliament of the Republic of Lithuania adopted the Law on the LNG Terminal, which ensures the required legal framework for construction of the LNG terminal in Lithuania, as well as establishes financial and organizational conditions for technologically and economically sound operation of the LN
Petronet’s Dahej LNG terminal on India’s west coast is due to get a cargo of LNG onboard the 138.700 cbm Raahi from Qatar on June 15, according to shipping data. The Dahej terminal in Gujarat is India’s first LNG import terminal and has a nominal capacity of 10 MMTPA. The terminal is meeting around
KOGAS, the world’s largest corporate buyer of LNG, said in a filing with the stock exchange that it has sold gas equivalent to 2.36 million tonnes of LNG domestically in May. South Korea’s KOGAS sales in March rose 13.3 percent, compared to a year ago. KOGAS imports LNG from around the world and sup
Baoding Municipal People’s Government and Kunlun Energy Company Limited recetly signed a strategic cooperation framework agreement in relation to “Gasification of Baoding by Trinity of Pipeline Natural Gas, CNG and LNG”. Pursuant to the Agreement, the Parties will implement the strategic plan of “Ga
The U.S. Energy Information Administration (EIA) said it expects that natural gas consumption will average 69.5 billion cubic feet per day (Bcf/d) in 2012, an increase of 2.7 Bcf/d (4.1 percent) from 2011 and a downward revision of 0.7 Bcf/d from last month’s Outlook. This month’s Outlook revises do
The Board of Directors of Pöyry PLC has appointed Alexis Fries (57) new President and CEO of Pöyry. Alexis Fries will take up the position during the autumn 2012 and will be primarily based in Zurich, Switzerland, with an office also at Pöyry House, Vantaa, Finland. Alexis Fries holds a Diploma in P
The ten regional electric power companies in Japan consumed 4.41 million tonnes of LNG in May, compared with 3.61 million tonnes a year earlier, according to the Federation of Electric Power Companies of Japan (FEPC). The power companies received 4.72 million tonnes of LNG in May, a rise of 27.6 per
Peru LNG shipped a liquefied natural gas cargo to Spain on June 11, according to PeruPetro S.A. The cargo is being hauled by the Barcelona Knutsen, a 173,400 cubic-meter tanker, operated by Knutsen OAS Shipping. The Peru LNG Project includes two parts: an LNG plant with a marine terminal from which
The increasing global demand for energy is just one market-driver pushing the development, demand and use of membrane technology. This was just one of the messages delivered by Air Products’ PRISM Membrane Group director of operations and technology Charlie Page in his opening session keynote speech
Petrobras reported that average combined domestic and foreign oil and natural gas output in April reached 2,551,951 barrels of oil equivalent per day (boed). The figure for domestic fields alone was 2,305,378 boed, while foreign fields produced 246,573 boed. Total average domestic output was made up
Cheniere Energy announced today that it has purchased $167 million Class B units from Cheniere Energy Partners. A portion of the proceeds from the sale were used by Sabine Pass Liquefaction, LLC, a wholly owned subsidiary of Cheniere Partners, to issue a Limited Notice to Proceed to Bechtel Oil, Gas
Petronet LNG of India plans to raise about $1 billion in debt in 2012 to expand its import capacity, Bloomberg reported, citing the company’s Finance Director R.K. Garg. The company plans to use about $600 million to build a new LNG terminal at Gangavaram port in Andhra Pradesh state on the east coa
Trinidad and Tobago shipped an LNG cargo from the Point Fortin terminal on Sunday, according to shipping data. The cargo is being carried by the Neva River, a 147,804 cubic-meter tanker and the destination of the cargo is unknown at this moment. The Point Fortin terminal consists of four trains and
