On 22 May LNG tanker Grand Aniva replenished fuel supplies in the Russian port of Nakhodka and became the first gas carrier to perform bunkering operation in Russia. Previously only oil tankers of Sovcomflot entered this port. Gas tankers working for the Sakhalin-2 project usually took the bunker in
Committed investment to increase the capacity of Australia’s mining industry at the end of April 2012 was a record $260.8 billion, an increase of 12 per cent from October 2011 according to the Mining Industry Major Projects – April 2012, released yesterday by the Bureau of Resources and Energy Econo
PT Pertamina (Persero) and Kuwait Foreign Petroleum Exploration Company (KUFPEC) signed MOU to explore business cooperation opportunity for global upstream oil and gas business and the possibility of forming joint venture at working regions of the two companies or other prospective regions that are
Argentina’s Bahía Blanca GasPort, is due to receive a liquefied natural gas cargo from Trinidad and Tobago next week, according to shipping data. The cargo is being hauled by the 138,000 m3 Excel, and it is due to arrive at Bahía Blanca on June 2. The Bahía Blanca GasPort is South America’s first-ev
Shell is in talks to join Russia’s Shtokman project, Reuters reported, citing unnamed sources. “Talks regarding Shell’s participation in Shtokman are under way … There are different project configurations under discussion now but Gazprom will keep a 51 percent stake,” a source close to the Shtokman
Höegh LNG has through its 50/50 joint venture company Methane Carriers Ltd. signed an agreement with Gas Natural Aprovisionamientos SDG (Gas Natural) for an extension of the time charter for the 87,000 m(3) LNG carrier Norman Lady at improved commercial terms. The agreement is for further trading fo
Cape plc, the international provider of essential, non-mechanical support services principally to the energy and mineral resources sectors, today provided an update on its GL3-Z LNG project in Arzew in Algeria. The contract, awarded to Cape in 2010 by Snamprogetti Chiyoda s.a.s. di Saipem S.p.A., is
Low domestic natural gas prices have led to savings of almost $250 billion for natural gas customers over the past three years. The American Gas Association (AGA) released a study entitled “Identifying Key Economic Impacts of Recent Increases in U.S. Natural Gas Production” which credits the recent
U.S. Sen. Lisa Murkowski, R-Alaska, Monday pitched the U.S. ambassadors of Japan and South Korea on the benefits of importing natural gas from Alaska’s North Slope during a dinner at the Japanese Ambassador’s residence in Washington, D.C. Murkowski discussed Alaska’s resource base and proximity to A
FLEX LNG today reported results for the first quarter of 2012. The Group’s cash balances at 31 March were $11.6m ($6.5m) with $3.2m net outflow ($3.4m) in the quarter. In the three months in 2012 the operating cash outflow was $3.6m (principally the operating loss and working capital movements); and
The Bu Samra LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal on June 1, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic me
The peak body representing Australia’s oil and gas industry has welcomed the Australian Government’s approval of its first Enterprise Migration Agreement (EMA). The Australian Petroleum Production & Exploration Association (APPEA) says initiatives that fast-track migration for large resource project
GAIL of India said it has signed a Gas Sales & Purchase Agreement (GSPA) for purchase of gas from Turkmenistan to be transported through the Turkmenistan-Afghanistan-Pakistan- India (TAPI) Pipeline. The GSPA was signed by Mr. B. C. Tripathi, CMD, GAIL and Mr. Sakhatmurad Mamedov, Chairman, National
Exoma Energy Limited announced the Alma-1 exploration core well was drilled to a total depth of 1302 metres and has been completed for future testing. The well cored a 217 metre section of Betts Creek and Aramac coal measures. A total of 15 metres of coal samples were put on desorption testing to me
