INPEX, JX Nippon Oil & Energy Corporation, Japan Petroleum Exploration, Ltd, Cosmo Oil, Nippon Steel Engineering, Chiyoda Corporation, established the Nippon GTL Technology Research Association in October 2006, and have conducted a six- year “JAPAN-GTL Demonstration Test Project” in cooperation with
Japan’s Futtsu liquefied natural gas terminal is scheduled to receive a cargo from Russia next week, according to port data. The cargo is being hauled by the 145,963 cbm Grand Mereya tanker, and it is due to arrive at Futtsu terminal on April 6. The Futtsu Thermal Power Station, one of the most repr
The shareholders in Russia’s Shtokman project agreed at a meeting yesterday to postpone a final investment decision until July 1, Shtokman Development AG said in a statement. “The shareholders are confident that the Project can be improved further, both technically and economically,” the company sai
Monaco-based GasLog, an international owner, operator and manager of LNG carriers, said in a statement that its public offering of 23,500,000 common shares was priced at $14.00 per share. The underwriters were granted a 30-day option to purchase up to 3,525,000 additional common shares from GasLog a
Sakhalin Energy said that production sharing under Sakhalin-2 Project has begun. From March, Russian Federation and Sakhalin Region started receiving its share of profit production. “Production sharing began ahead of plan. This is not only a result of favourable market conditions, but first of all r
Belgium’s EXMAR announced the order at Hyundai Mipo of up to 8 LPG-vessels of 38,000 m³ capacity. The vessels will be delivered from the first quarter of 2014 onwards. These vessels will be dedicated to strengthen EXMAR’s already substantial commercial portfolio in the Midsize segment and designed t
Peru LNG shipped a liquefied natural gas cargo to Japan on March 28, according to PeruPetro S.A. The cargo is being hauled by the Barcelona Knutsen, a 173,400 cubic-meter tanker, and it is due to arrive in Japan on April 17. The Peru LNG Project includes two parts: an LNG plant with a marine termina
LNG Energy announced the successful completion of the 2011 “Sling” 2D seismic program on its 100% held PPL 319 licence, onshore Papua New Guinea. PPL 319 is in the lowland area of the Papuan fold and thrust belt between several substantial oil and gas fields and is on-trend with Oil Search’s Kutubu
Changfeng Energy announced that the company will establish a joint venture with CNPC Kunlun Natural Gas Exploitation, a wholly-owned subsidiary of PetroChina, to jointly develop natural gas distribution business in four prefecture-level cities in Guangdong Province, China, including Zhaoqing City, J
Exxon Mobil aims to resume work at its Papua New Guinea LNG project after a dispute with residents over land was resolved, Exxon Mobil spokeswoman Rebecca Arnold said. “Community leaders in the Hides area have come to a resolution with the government to allow work in Hides to resume. We have begun t
Encana said the Kitimat LNG project final investment decision would be made before the end of 2012, Reuters cited the company’s CEO Randy Eresman as saying. Kitimat LNG is a joint venture between Apache which holds 40 percent, 30 percent is owned by EOG Resources, and 30 percent by Encana. Enacana’s
Gazprom and Moldovagaz have extended the existing gas supply and transit contracts until the end of the second quarter of 2012. Gazprom and Moldovagaz signed the 2007–2011 gas supply contract in December 2006. Pursuant to the document, between 2008 and 2011 the price was calculated under the formula
PetroChina said today that it has achieved turnover of RMB2,003,843 million in 2011, representing an increase of 36.7% as compared with last year. However, due to macro regulations and controls over the prices of domestic refined products, the selling price of the imported natural gas is lower than
Dart Energy together with Maria’s Farm Veggies Pty Ltd (MFV), have won the FutureGAS Innovation Award for 2012. The award is for the MFV combined heat and power glasshouse project that will produce vegetables and generate electricity. The project is a model of sustainability that demonstrates that c
