Fluxys issues on the Belgian market a retail bond with a par value of €1,000 with a view to financing its investment programme and optimizing its balance sheet structure. The company expects to raise €100-350 million. Fluxys is to employ the bond issue to move towards a financial structure that is m
UK’s South Hook LNG terminal is expected to receive a cargo of LNG on April 8, according to the Milford Haven Port Authority website. The Al Mayeda LNG tanker, with a capacity of 266,oo0 cbm, is sailing from Ras Laffan, Qatar. The South Hook terminal can process 15.6 million tonnes of LNG a year and
BAF, a wholly owned subsidiary of Clean Energy Fuels, announced the company has received CARB (California Air Resources Board) Executive Orders (EO) for its CNG-powered 2012 Ford F-Series 250/350 pickups and E-Series 250/350 vans. The CARB EOs allow the vehicles to be sold and operated in California
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Delyan Dobrev, Bulgarian Economy, Energy and Tourism Minister. The meeting addressed the current issues of Russian-Bulgarian cooperation in the energy sector. The parties paid
Yemen LNG confirmed the sabotage of the 38 inch gas pipeline that links the block 18 to the Balhaf terminal on the Gulf of Aden. “The explosion occurred at 22h00 on 30 March 2012 in a desertic zone at 40 KM North of Balhaf Liquefaction Plant. It caused no victims,” the company said in a […]
Delek Group said that it revenues in 2011 were NIS 59.2 billion, a 38% increase compared with NIS 42.8 billion in 2010. Net income in 2011 totaled NIS 2.6 billion, a 53% increase compared with net income of NIS 1.7 billion in 2010. Operating profit in 2011 totaled NIS 1.6 billion, a 32% increase com
Kleven Maritime delivered the LNG powered offshore supply vessel Viking Prince to Eidesvik Offshore today. ‘It is a great pleasure to deliver this advanced, environmentally friendly vessel to a ship owner that has a proven track record of taking every aspect of their environmental foot print very se
InterOil said that it has entered into agreements to extend the dates by which certain conditions are to be met and Final Investment Decisions (FID) made in LNG project agreements with Mitsui until June 30, and Energy World Corp until December 31. The Joint Venture Operating Agreement (JVOA) for the
Indonesia plans to sell 54 cargoes of LNG in the spot market in May, the Wall Street Journal reported, citing Rudi Rubiandini, operations deputy at BPMigas. BPMigas also said that the negotiations on the supply diversion of LNG, produced by the Tangguh LNG terminal from Sempra Energy to the domestic
Ukraine plans to construct an LNG terminal at the port of Yuzhnyi, Bloomberg reported, citing Vladyslav Kaskiv, the head of state national projects. The liquefied natural gas terminal will cost about 846 million euro and 70% of the cost will come from borrowing, he said. The capacity of the terminal
Petrobras’ average oil and natural gas output in Brazil and abroad was 2,700,814 barrels of oil equivalent per day (boed) in February. Considering only the fields in Brazil, production added up to 2,455,636 barrels of oil equivalent per day (boe). This was 1.1% less than the total volume lifted last
JX Nippon Oil & Gas Exploration Corporation announced that one of NOEX’s 100% subsidiary companies, JX Nippon Oil Exploration (Gulf) Limited, confirmed natural gas flow at an undetermined rate from the Davy Jones No.1 well on South Marsh Island Block 230 in the Gulf of Mexico. Davy Jones is an ultra
Taiwan’s Yung-An LNG terminal is due to receive a cargo of liquefied natural gas from Qatar next month, according to Kaohsiung Port Authority. The Simaisma tanker, with a capacity of 145,800 cbm, will reach Yung-An terminal on April 9. The Yung-An terminal is Taiwan’s first liquefied natural gas rec
Japan’s Toho Gas unveiled today in its fiscal 2012 supply program that it plans to use 3,011,000 mt of LNG, slightly up compared to the period before. The company secured LNG procurement for several years, mainly through long-term supply contracts. Toho Gas recently concluded an agreement with INPEX
