LNG

BW Gas, the gas shipping company, posted record third-quarter earnings before depreciation and disposals of $99.2 million as the LNG and LPG segments significantly increased their operating profit.

Enagas, the Spanish natural gas company and LNG terminals owner, said it plans to build a new reception terminal at El Musel, near the city of Gijón in northern Spain.

Qatar Gas Transport Co. (Nakilat), the state-controlled liquefied natural gas carrier company, said it plans to raise up to $4.3 billion from various sources to fund the building of 16 LNG carriers.