As regulations curbing atmospheric pollution and greenhouse gas emissions grow stricter amid stronger calls for a greener shipping industry, attention is turning to the potential of natural gas as a cleaner alternative to liquid fuel oil. Liquefied natural gas is widely used on vessels designed to t
Intergraph, the leading global provider of enterprise engineering software, and its partner, Skire, have entered into an agreement with INPEX for the purchase of Skire’s Unifier solution for the Ichthys LNG project. INPEX selected Unifier as the mega-project’s cost control system after a formal call
Cummins Westport Inc., announced the ISX12 G, a 12 litre heavy-duty, factory built dedicated natural gas engine for regional haul truck / tractor, vocational and refuse applications. The new ISX12 G is currently in field trials with full production expected to commence in early 2013. The ISX12 G nat
The latest LNG cargo to be loaded at Nigeria’s Bonny liquefied natural gas terminal has been dispatched to Japan, according to shipping data. The 137,231 m3 LNG Sokoto departed Bonny Monday, and is expected to arrive in Japan on March 20. With the completion of a sixth production train in December 2
Russia’s gas giant Gazprom and Kogas of South Korea, plan to hold the next round of talks for Russia-Korea gas pipeline in March, Gazprom said in a statement. Yesterday, Gazprom’s Deputy Chairman Alexander Medvedev and Kogas Executive Vice President Park Yong Sung met in Seoul. “The parties discusse
Total SA of France is in negotiations to raise its stake in Ichthys LNG Project, according to several media reports. “Total is in discussions to increase its participation from to 30%” in Ichthys LNG project,” Yves-Louis Darricarrere, Total’s president of exploration and production, gas and power sa
Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) said that it has yesterday filed a suit against OAO Gazprom and OOO Gazprom Export with the Arbitration Tribunal in Stockholm. “The subject of the suit is an amendment of the price terms of the long-term gas supply contract of September 25th 1996 ex
Belgium’s Zeebrugge liquefied natural gas terminal is set to re-export a cargo of LNG on March 20, according to the Zeebrugge Port Authority. The cargo will be shipped by the British Sapphire, a 151,945 m3 tanker. The Zeebrugge terminal is operated by Fluxys LNG and has an annual throughput capacity
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Ichiro Takahara, Director General of the Agency for Natural Resources and Energy under the Japanese Ministry of Economy, Trade and Industry. The parties discussed the current i
The U.S. Sabine Pass liquefied natural gas terminal received an LNG cargo yesterday, according to shipping data. The Arctic Spirit, owned by Teekay LNG, has a capacity of 87.305 cbm. Cheniere’s Sabine Pass LNG terminal is located on 853 acres of land along the Sabine Pass River on the border between
Norway’s Hammerfest LNG terminal shipped an liquefied natural gas cargo today, according to shipping data. The cargo is being hauled by the Arctic Princess, a 147,208 cubic-meter tanker. The destination of the cargo is Gibraltar at this moment. The Statoil-operated Hammerfest terminal has a capacity
Oil Search of Papua New Guinea said today that it has lifted its full year net profit by 9% to US$202.5 million. The profit increase reflected a 45% rise in the average realised oil price, which more than offset 10.6% lower sales volumes. NPAT excluding significant items rose 64%, from US$144.1 mill
Viking Line Abp has signed an agreement with AGA Gas AB on supplying liquefied natural gas (LNG) for Viking Line’s new passenger ferry, whose environmental profile symbolizes a new era in the shipping industry. “Viking Line’s and AGA’s investment in LNG represents major environmental advantages comp
Anadarko Petroleum Corporation today said that its latest appraisal well offshore Mozambique, Lagosta-3, encountered approximately 577 total net feet (176 meters) of natural gas pay in multiple zones. “The partnership’s successful appraisal drilling continues to confirm and expand the world-class na
