Japan’s Tohoku Electric has secured 2.2 million tonnes of additional LNG for for the current financial year ending on March 31, Reuters reported. The company was forced to increase its LNG-fired power generation after a complete nuclear outage in the wake of the March 11 earthquake and tsunami. Toho
Altamira liquefied natural gas terminal in Mexico is due to receive a cargo of LNG next week, according to shipping data. The cargo is being hauled by the 173,600 Castillo de Santisteban tanker and it is expected to arrive on January 31. Last year, Vopak and Enagas have reached an agreement with She
Wärtsilä announced that the Scheme of Arrangement with regards to the acquisition of Hamworthy was sanctioned at a Court hearing held yesterday in London. Subject to the Court hearing confirming the associated Reduction of Capital on 30 January 2012, the Scheme is expected to become effective and th
NGVAmerica, the trade association that represents the U.S. natural gas vehicle industry, hailed President Obama’s call today for using more natural gas in the transportation sector. The President made this call at a United Parcel Service (UPS) facility in Las Vegas when he discussed his clean energy
Alexey Miller, Chairman of the Gazprom Management Committee and Alexander Ozerets, Energy Minister of the Republic of Belarus had a telephone talk yesterday. The parties discussed a potential increase of Russian gas transmission to Europe via Belarus in 2012 and in the medium term. “In 2012 Gazprom
India’s Petronet LNG today announced its results for the quarter ended December 31, 2011. During the quarter ended Dec 31st, 2011, the company has operated at 115% of its capacity (nameplate capacity of the Dahej Terminal is 10 MMTPA). Total regasified volume rose to 144.93 TBTUs against 119.70 TBTU
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Sergey Frank, Director General of Sovcomflot. The parties discussed the interaction within the Prirazlomnoye field development, including the arrangement of oil transportation,
WÄRTSILÄ today published it’s interim report for the fourth quarter and full year 2011 results. FOURTH QUARTER HIGHLIGHTS – Order intake increased 25% to EUR 1,250 million (1,003) – Order intake in joint venture companies grew significantly, EUR 178 million (4) – Book-to-bill 1.01 (0.69) – Net sales
EXMAR reported the provisional results for the fourth quarter and the entire year 2011. HIGHLIGHTS 2011 / 2012 ‐ Cash Flow from Operations (EBITDA) for the year 2011 is USD 139.9 million and the Operating Result (EBIT) is USD 37.3 million. ‐ These figures include a profit before tax of USD 41.3 mill
Engineering and construction company Clough Limited today announced that the Clough Curtain Joint Venture (CCJV) has received work orders worth approximately A$145 million associated with the PNG LNG Upstream Infrastructure contract. The PNG LNG Project is an integrated development that includes gas
Australia’s Woodside today issued a statement regarding the media speculation that the company is seeking to divest equity in the Browse LNG Development. Woodside said it has not made any decision to reduce its equity in the proposed development at this time. “In response to significant interest fro
Fluxys said today that it has auctioned all its short term storage capacity on offer. A total of 280 million cubic metres of storage capacity was available for yearly contracts covering storage year 2012-2013. Fluxys registered 11 customers as bidder for the auction. The opening bids showed an overa
Gazprom said it has elected Vitaly Markelov, Vladimir Markov and Elena Mikhailova as members of the Gazprom Management Committee for a 5 year term. At the same time, the Board of Directors of Gazprom terminated the powers of Viktor Ilyushin and Olga Pavlova as members of the Company’s Management Com
The European Commission said today that Ireland and the United Kingdom are not fully in line with EU gas market rules and has decided to refer these countries to the Court of Justice of the European Union. “The maximum interconnection capacity is not offered in the UK and Ireland as the pipeline con
