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Daily News (16509)

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French LNG storage tank technology firm Gaztransport and Technigaz (GTT ) said it signed a framework partnership agreement with the Geneva-based European Organization for Nuclear Research (CERN) for the construction of several tanks.
Mitsui OSK Lines, the Japanese shipping company, has reached an agreement with Uruguay on a new joint venture structure to enable the deployment of the world's largest Floating Storage and Regasification Unit as the South American nation's first LNG import terminal.
US natural gas prices have now collapsed by around 30 cents since recent highs, making future US LNG prices more attractive. However, the US LNG price still shows a differential of more than $0.50 versus East Asian LNG prices on a delivered basis.
Finland's natural gas company Gasum has cancelled a regional liquefied natural gas import terminal project called Finngulf in southern Finland and its planned Baltic-Connector offshore natural gas pipeline link to the Baltic States.
Woodside Petroleum, the Australian liquefied LNG operator, has urged South Korea to purchase volumes from its planned Browse Floating LNG project to offset the billions of dollars Korean shipbuilders will receive for constructing liquefaction hulls and platforms for the venture.
The Louisiana LNG Energy export project planned for the east bank of the Mississippi River by former BG Group senior executive Martin Houston in partnership with Cheniere Energy has raised its production capacity and storage requests with the US regulators.
Shares in Cheniere Energy, developer of the first US LNG export plant set to come on stream in months at Sabine Pass in Louisiana, rose more than 3.5 percent after US billion investor Carl Icahn made his third major stock purchase and took his stake in the Houston-based company to…
French energy and liquefied natural gas engineering company Technip was awarded an equipment contract by Italy's Eni for its East Hub Development offshore Angola, where the Italian company also has a stake in the southeast African nation's LNG project.
Fluxys Belgium, the owner of the Zeebrugge LNG import terminal, said it would soon open the pipeline linked to the new French LNG import terminal at the Channel port of Dunkirk.
Egypt is set to bring into operation its second Floating Storage and Regasification Unit deployed as an import terminal at the Red Sea port of Ain Sokhna and provided by BW Gas of Singapore.