Malaysia’s Dialog Group Berhad said that it has incorporated Pengerang LNG Sdn Bhd (PgLNG) under the Companies Act, 1965. The intended business activities of PgLNG is to undertake Liquefied Natuaral Gas (LNG) terminal storage facilities, regasification of LNG into natural gas and handling services,
Golar LNG today reported consolidated net income of $17.2 million and consolidated operating income of $33.8 million for the fourth quarter of 2011. Revenues in the fourth quarter were $80.6 million as compared to $77.8 million for the third quarter of 2011. The increase is primarily as a result of
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jean de Gliniasty, Ambassador Extraordinary and Plenipotentiary of France to Russia. The parties addressed crucial issues of the cooperation among Gazprom and French energy com
Port of Sines is scheduled to receive a shipment of LNG from Nigeria on February 26, according to the Port of Sines website. The LNG Abuja, with a capacity of 126,532 cubic metres, is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico and has a nominal send out capacity of 6
India’s Oil Ministry has ordered a probe into changes made in a LNG contract between Petronet LNG and RasGas of Qatar. The country’s Oil Minister S Jaipal Reddy asked Oil Secretary G C Chaturvedi to probe allegations that Petronet LNG quietly switched to buying lean gas, which can only be used as fu
Israel Electric Corporation’s (IEC) Board of Directors approved the agreement between the Tamar project partners and IEC for purchase of natural gas, Delek said in a statement today. The approval does not include the two additional sections which were previously requested by the IEC, Delek said. The
SSE and Shell Energy Europe have agreed a 10-year gas supply agreement of 790mcm (292 Mth) per annum, commencing in 2015. This represents approximately 5% of SSE’s forecast typical annual gas requirements. The gas will be supplied as a firm delivery of 800,000 th/day, at a price linked to prevailing
Japan’s Futtsu liquefied natural gas terminal is due to receive a cargo from Abu Dhabi on February 24, according to port data. The cargo is being hauled by the 137,000 cbm Mraweh tanker. The Futtsu Thermal Power Station, one of the most representative power stations using LNG is operated by Tokyo El
The Department of Thermal Engineering at Tallinn University of Technology (TUT), Elering and AGA Estonia have launched a study to analyse the options for switching to liquefied natural gas (LNG) in boiler plants fired with liquid fuel. The initiative for the study was triggered by plans for the reor
Northern Territory Chief Minister Paul Henderson today welcomed the signing of a $104 million contract to build and operate a world class Marine Supply Base at East Arm. Chief Minister said the construction would begin in the coming months on the base which would cement Darwin’s position as a major
Israel will establish a sovereign fund to manage revenue from natural gas resources, with the fund’s profits being invested in strategic projects for the State of Israel, Ministry of Foreign Affairs said in a press release. “This is in order to ensure the efficient and wise utilization of natural re
Incheon LNG terminal in South Korea is due to receive a cargo from Nigeria on March 13, according to shipping data. The cargo is being carried by the 145,o00 cbm LNG Jupiter. Incheon LNG terminal is one of the biggest in the world and it is operated by KOGAS. [mappress] LNG World News Staff, Februar
Japan’s LNG imports reached 8.15 million mt in January, a rise of 28.2 percent compared to a year earlier, according to preliminary data released today by the finance ministry. The country’s LNG import cost averaged $864.62/mt in January. Japan, the world’s largest LNG importer, imported 7,171,000 m
Belgium’s Zeebrugge liquefied natural gas terminal re-exported a LNG cargo yesterday, according to the Zeebrugge Port Authority. The cargo is being hauled by Golar Arctic, a 140,648 cubic-meter tanker. The LNG tanker is sailing to South Korea. Golar LNG Limited announced in January that it has execu
