In 2011, global LNG trade grew by 49.4 106 m3 (20.7 Mt), a growth of 9.4% compared with 2010, according to GIIGNL’s 2011 LNG industry report. As during the previous year, the main contribution to the increase of LNG flows came from Qatar, as the country was responsible for 67% of additional LNG prod
Southern LNG (SLNG) has filed an application with the U.S. Department of Energy (DOE) for long-term authorization to export liquefied natural gas (LNG). Southern LNG is seeking long-term, multi-contract authorization to engage in exports of up to 4 million tons per year (equivalent to approximately
Icon Energy of Australia today announced the Windom 1 well in ATP 626P that was spudded on 7 May reached a total depth of 1200 metres. Wireline logging operations have been conducted, indicating 11.8 metres net coal in the Walloon Coal Measures. The net coal intersected was better than initial expec
At the Yuzhno-Russkoye oil and gas field on May 17 the one hundred billionth cubic meter of gas was produced. “We will not stop at what has been accomplished: 100 billion is just the beginning. I am sure that with our professional team, modern technologies and efficient management we will shortly ac
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jean-Francois Cirelli, Vice Chairman and President of GDF SUEZ. The parties discussed the current situation in the global gas market and the partnership between the two compani
Kentz Corporation Limited today released its interim management statement in advance of its Annual General Meeting which is being held today in London. At the meeting, Christian Brown, Chief Executive Officer of Kentz will give the following update: “Kentz is pleased to report that the Group has exp
The Lijmiliya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on May 25, 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 bill
Australian Prime Minister, Julia Gillard, officially launched construction of the Ichthys LNG Project at a ground breaking ceremony at Blaydin Point in Darwin, Northern Territory today. At the invitation of INPEX CORPORATION Chairman Naoki Kuroda, the Prime Minister joined Northern Territory Chief M
Chesapeake Energy announced it has increased the size of a previously announced unsecured term loan from Goldman Sachs Bank USA and affiliates of Jefferies Group, Inc. from $3.0 billion to $4.0 billion based on strong investor demand. The loan was syndicated to a large group of institutional investo
Milford Haven Port has become one of only three ports in the UK to achieve European-wide accreditation for the standard of its Environmental Management System, having recently been awarded an EcoPorts PERS certificate. Lloyd’s Register, world leaders in assessing business processes to internationall
Teekay LNG Partners today reported adjusted net income of $35.6 million for the quarter ended March 31, 2012, compared to $25.9 million for the same period of the prior year. During the first quarter of 2012, the Partnership generated distributable cash flow of $50.8 million, compared to $39.1 milli
GasLog , an international owner, operator and manager of liquefied natural gas (LNG) carriers, today reported its financial results for the quarter ended March 31, 2012. Highlights GasLog reports Revenue of $16.6 million, EBITDA of $8.4 million and Profit of $2.2 million, for the first quarter of 20
Liquiline, an independent service provider of transport and storage of LNG and LBG, said it has been during the last few years asked by gas consumers to help them source LNG. Through Liquiline’s network of LNG suppliers the company has approached potential LNG suppliers with an enquiry from its cust
Sembcorp Marine’s subsidiary Sembawang Shipyard was recently awarded two LNG carriers life extension projects from North West Shelf Shipping Service Company, Australia (NWSSSC). NWSSSC is the shipping service provider to the vessel owner, International Gas Transportation Company Limited (IGTC), a No
