The European Commission said it has granted clearance under the EU Merger Regulation to the proposed acquisition of the joint control of the Russian Yamal LNG by Total E&P Yamal and OAO Novatek. Yamal LNG, a 80% subsidiary of NOVATEK, is engaged in the engineering and design work for the constructio
Mubadala Development Company of Abu Dhabi plans to set up a terminal to import LNG in the eastern emirate of Fujairah bypassing the Strait of Hormuz, according to media reports. The offshore LNG terminal would receive its first imports in 2014, Bloomberg reported. Iran has several times threatened t
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the Ejnan, a 145,000 cbm tanker, on March 30, according to shipping data. Fluxys, the operator of the terminal, recently said that it has unloaded 70 carriers at the Zeebrugge LNG terminal in
Gazprom CEO Alexey Miller has nominated Henning Voscherau, Hamburg’s former mayor, to head the South Stream Board of Directors, Gazprom said in a statement. “We are confident that the great experience gained by Henning Voscherau in international regulatory organizations and his fine reputation will
In an interview on E&ETV yesterday, Cheniere CEO Charif Souki said that domestic natural gas prices could drop to $2 per million British thermal units as a result of improved drilling technologies, regardless of whether LNG exports are increased. “The rationale is this is no longer an exploration pl
Gujarat, state of India, plans to build a terminal for importing liquefied natural gas at the Pipavav port, Economic Times reported, citing Gujarat’s principal secretary for energy, DJ Pandian. “We want one more LNG terminal at Pipavav port, which will have 2.5 MT to 5 MT capacity. Many companies ha
Williams Partners said it has agreed to acquire Caiman Energy’s wholly owned subsidiary, Caiman Eastern Midstream, for approximately $2.5 billion. Williams Partners said in a statement it expects significant growth in gathering volumes and NGL production from these assets. There is an estimated 300
Incheon LNG terminal in South Korea is due to receive a cargo from Yemen on March 25, according to shipping data. The cargo is being hauled by the 162,524 cbm BW GDF Suez Paris . Incheon LNG terminal is one of the biggest in the world and it is operated by KOGAS. [mappress] LNG World News Staff, [&h
As Operator of the Meridian SeamGas CSG gas fields, WestSide Corporation Ltd announced that gas has been flowing from Pretty Plains 10 – one of seven new dual-lateral production wells – at a rate of more than 1,000,000 scf/d. The performance of Pretty Plains 10 builds on the successful earlier commi
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Dimitar Gogov, Executive Director of Bulgargaz. “The meeting participants discussed the crucial issues of the bilateral cooperation as well as the prospects for the Bulgarian g
Oman Shipping Company S.A.O.C. (OSC) confirmed an order for a newbuild LNG Carrier, at Hyundai Heavy Industries (HHI) in Ulsan, South Korea. The LNG Carrier, for delivery in 2014, will have a 162,000 cubic meter capacity, and it will have dual fuel technology. Further the vessel will comply with Eur
GL Noble Denton, an independent technical advisor to the oil and gas industry, has been awarded a four-year enterprise framework agreement (EFA) to provide inspection services for Shell’s extensive global portfolio of projects in select locations. GL Noble Denton’s network of highly qualified inspec
Cheniere Energy announced today the closing of its previously announced underwritten public offering of 21,000,000 shares of common stock. The underwriter has exercised the full over-allotment option of 3,150,000 shares. After giving effect to the exercise of the over-allotment option, the public of
India plans to scrap for two years the import tax on LNG to improve energy supplies to the power generation sector, Finance Minister Pranab Mukherjee said . “Domestic producers of thermal power have been under stress because of high prices of coal.” “I propose to ease the situation by providing full
