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Trelleborg of Sweden, the specialist in berthing and mooring equipment for LNG terminals, has finalized the acquisition of Sea Systems Technology Ltd. to boost its LNG offerings.
Gas Authority of India said it was keen to expand its foothold in the LNG industry by acquiring more upstream liquefaction stakes and is actively pursuing potential opportunities in North America and East Africa.
The European Union will provide 1.15 million euros ($1.5 million) of finance for a study on the feasibility of constructing an LNG fuel bunkering station within the French port of Dunkirk, where an LNG import terminal is also being constructed.
Italian energy company Eni signed a medium-term LNG sales agreement to deliver 28 cargoes to Japan and South Korea over the next four years in the first ever formal collaboration between Japanese and Korean utilities in LNG purchasing.
KBR, one of the leading LNG engineering companies, has issued a profits warning, citing significant project charges and higher labour costs.
Tokyo Electric Power Co., the biggest Japanese LNG buyer, purchased almost 18 million tonnes of LNG in the past 12 months, just under one fifth of all Japanese cargo deliveries which have risen since the disaster at the company's Fukushima nuclear plant.
Free ReadNovatek, the Russian developer of the Yamal LNG project in the Arctic region, has signed an agreement with Gazprom for the establishment of a joint venture to increase LNG production on the Yamal Peninsula and jointly to use the infrastructure. The agreement defines a schedule for the establishment of the…
Gas Authority of India has finally commissioned the Dabhol LNG import terminal south of Mumbai that was partially completed in 2001, but then mothballed as it was caught up in the Enron scandal.
The Canadian government issued a statement of satisfaction that its stalled LNG export industry development has sprung to life over the past month with Chevron Corp.'s entry into the Kitimat liquefaction project and the decision by the Petronas-led Pacific Northwest LNG project to sign a pipeline deal.
Petronas of Malaysia has advanced its Pacific Northwest LNG project by selecting TransCanada Corp. to build and operate the proposed $5 billion Prince Rupert Gas Transmission pipeline to transport feed-gas from the North Montney shale to the liquefaction plant.