Taiwan imported 1.11 million tons of LNG in April, according to trade statistics. LNG imports in April increased 9,8 percent, compared with the year before. Taiwan has two LNG import terminals, Yung An and Taichung liquefied natural gas terminal. [mappress] LNG World News Staff, May 10, 2012; Image:
Westport Innovations, the global leader in natural gas engines, reported financial results for the first quarter ended March 31, 2012. “The numbers are compelling,” said David Demers, CEO of Westport Innovations. “Compared to the same period last year, Westport Light-Duty revenue was up 258%, Cummin
KOGAS, the world’s largest corporate buyer of LNG, said in a filing with the stock exchange that it has sold gas equivalent to 2.91 million tonnes of LNG domestically in March. South Korea’s KOGAS sales in March rose 5.4 percent, compared to a year ago. KOGAS imports LNG from around the world and su
Repsol of Spain in the first quarter of the year posted net income of 643 million euros, 12.4% higher than the 572 million euros reported in the year earlier period. Including YPF, quarterly net profit rose to 792 million euros, an improvement of 3.5% from 765 million euros the previous year. The im
Dart Energy International, the international operating arm of Dart Energy, iannounced an initial independent assessment of the Original Gas-in-Place for its portfolio of shale gas assets, of between 28.1 TCF (low case) to 143.0 TCF (high case), with a Best Estimate of 76.0 TCF net to Dart Internatio
Pacific Rubiales Energy Corp. today released its financial results for the quarter ended March 31, 2012. First Quarter 2012 Highlights EBITDA was $538 million, up 48% year over year, driven by production growth and higher netbacks. Net Earnings were $258 million, compared to a net loss of $70 millio
Peru LNG shipped a cargo of liquefied natural gas to Thailand on May 9, according to PeruPetro S.A. The cargo is being hauled by the Castillo de Santisteban, a 173,600 cubic-meter tanker, and it is sailing to Thailand’s Map Ta Phut LNG terminal. The Peru LNG Project includes two parts: an LNG Plant
Australia Pacific LNG has awarded Leighton Contractors two major multi-million dollar contracts to build key gas and water infrastructure as part of the project’s first phase of coal seam gas (CSG) development. Combined, the contracts are worth $800 million and will create almost 1,000 direct constr
API’s President and CEO Jack Gerard told reporters yesterday that the states have demonstrated competency, efficiency and expertise in regulating hydraulic fracturing in oil and natural gas development, raising a fundamental question about the need for the Bureau of Land Management’s own proposed re
Linde North America today announced its Energy Solutions business has formalized a joint marketing agreement with American Power Group (APG) to introduce and expand the use of liquefied natural gas (LNG) in oil and gas exploration and production (E&P). Linde and APG will work together to offer custo
E.ON AG has made a successful start to 2012. The Düsseldorf-based energy company put in a positive first-quarter performance, increasing its EBITDA by 9 percent year on year to around €3.8 billion and its underlying net income by 27 percent to around €1.7 billion. “As we described in March, we’re no
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG on May 24, according to shipping data. The RasGas Asclepius LNG tanker, with a capacity of 145,ooo cbm, is sailing from Ras Laffan, Qatar. The Zeebrugge terminal is operated by Fluxys LNG and has an annual throu
RasGas of Qatar announced that it achieved yet another successful milestone when the first Q-Flex vessel delivered Liquefied Natural Gas (LNG) at the Barcelona LNG receiving terminal, Spain. It is not only the first RasGas Q-Flex vessel to discharge LNG at the Barcelona LNG receiving terminal but, i
The extraordinary general meeting of Fluxys yesterday decided to change the name of the company to Fluxys Belgium. The new name clarifies the company’s field of activity. For the same reason, parent company Fluxys G yesterday changed its name to Fluxys. Parent company Fluxys coordinates the strategy
