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Monday, 18 February 2008
RasGas, Qatar’s LNG production company and two carrier joint ventures will this week hold naming ceremonies at two South Korean shipyards for seven more of the new generation large of Q-Flex vessels.
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Friday, 15 February 2008
Royal Bank of Scotland recently arranged an $870 million project financing for Gulf LNG Energy's proposed LNG receiving terminal to be located in Pascagoula in the US state of Mississippi.
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Friday, 15 February 2008
RWE, Germany's No. 2 utility, said it agreed to pay $500M for 50 percent of US LNG company Excelerate Energy, pioneer of the regasification and storage vessel concept that enables the setting up of offshore or jetty-based import terminals.
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Friday, 15 February 2008
ArcelorMittal Stainless & Nickel Alloys said it signed a contract worth almost $300 million to supply South Korean LNG carrier builder Daewoo Shipbuilding & Marine Engineering with its Invar alloy for cryogenic membrane tanks.
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Thursday, 14 February 2008
EDF, Europe’s largest power producer, said it signed a contract to buy LNG from Spanish energy group Gas Natural, and part of the shipments will be sold into the French natural gas market.
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Thursday, 14 February 2008
BW Gas, the LNG carrier operator, swung to a heavy fourth-quarter loss from continuing operations of $577 million compared with a net profit in the same period a year ago of $50.5M because of changes in the Norwegian shipping tonnage tax law.
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Thursday, 14 February 2008
Teekay Corp.’s “Catalunya Spirit” LNG carrier that broke down off Massachusetts three days ago was still being worked on overnight by technicians who had managed to restore electricity to the vessel’s switchboards but were still working on the engines.
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Wednesday, 13 February 2008
StatoilHydro is delivering its first LNG cargo to the United States from the Snøhvit LNG plant in Northern Norway following repairs to one of the heat exchangers at the plant after a two-month shutdown.
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Wednesday, 13 February 2008
StatoilHydro and the Swiss EGL Group have agreed to develop, build and operate the Trans-Adriatic Pipeline project that may include an LNG import terminal in Albania.
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Wednesday, 13 February 2008
ConocoPhillips said it entered an agreement with Suez LNG Trading for long-term access to the Northwest Europe LNG market through Suez’s regasification capacity holding at the Zeebrugge import terminal in Belgium.
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