In this issue

 

The United States said it was keen to support the development of a liquefied natural gas import terminal in Croatia, either a floating facility or an onshore plant located on…
Our Asia-Pacific editor Energy World Corp. said it was aiming to complete the first LNG import terminal in the Philippines by December 2016 as it outlined its strategy for the…
KBR Inc., the Houston-based US energy and LNG engineering company, has posted strong fourth-quarter earnings after previously overhauling the business after a previous loss of over $1 billion.
Our Asia Pacific editor The one-month countdown is beginning for the most important liquefied natural gas conference to take place in recent years, the LNG 18 event scheduled for April…
Our Europe editor Spanish energy company Endesa is building up its liquefied natural gas fueling business and has just opened up a new station to service several more towns in…
MEO Australia, the developer of the postponed Tassie Shoal LNG project in the Timor Sea, continues to push ahead with its preferred operations in Cuba and has just raised funds…
Flogas Britain, the UK’s leading liquefied natural gas distributor via trucks, has completed a multi-million pound investment in its LNG distribution fleet as it continues to expand.
Our Europe editor The German Baltic port of Rostock has carried out its first liquefied natural gas fueling operation involving a ship owned by a Norwegian-Swedish joint venture and the…
Three LNG carrier fleet owners, Golar LNG, GasLog and Dynagas said their pooling arrangement aimed mainly at the spot market had initiated dialogue on “innovative chartering arrangements.”
Maputo sanctioned development of first phase of venture to move towards gas production Our Europe editor Italy’s Eni posted a massive 7.8 billion euros ($8.5Bln) of quarterly losses due to…
Our Asia-Pacific editor Air Water Inc., Japan's second-largest provider of industrial gases, has acquired a natural gas tank maker in Malaysia to build up the small-scale LNG storage and transportation…
Former Cheniere Energy Chairman and Chief Executive Charif Souki, who was ousted as head of the US developer of the Sabine Pass and Corpus Christi liquefied natural gas export projects,…
Our North America editor in New York Chart Industries, one of the leading US LNG equipment providers, said that given the continued low oil prices, economic headwinds and weak orders…
One of only two US LNG export projects on the East Coast, the Dominion Cove Point venture on Chesapeake Bay in Maryland, is about one-quarter complete, according to the latest…

News Nudges

Australian strike ends

Australia’s Offshore Alliance union agreed to the pay and conditions recommendation of the nation’s labor disputes arbitration body, the Fair Work Commissioner, and called off the strike by around 500 members at the Gorgon and Wheatstone LNG export plants in Western Australia that had failed to disrupt cargo flows. “The Offshore Alliance will now work with Chevron to finalize the drafting of the agreements and members will soon cease current industrial action,” the unions said in a statement.


Exmar takeover progress

Belgian shipping company Exmar, which chartered a regasification barge to the Netherlands and sold a floating LNG production vessel to Italy’s Eni for deployment in Africa, is set to be taken over by Saverex NV, the holding company of the family of Exmar Executive Chairman Nicolas Saverys. Exmar, based in Antwerp, had reopened the acceptance period to September 15 for the voluntary public takeover bid launched by Saverex for all shares and share options not already controlled by the bidder.


Vopak agrees €407M sale

Royal Vopak, the Dutch global storage company and LNG sector participant, has reached agreement with Infracapital on the sale of Vopak chemical terminals in Rotterdam. Vopak, whose latest LNG investment was taking a 50 percent stake in the Dutch Eemshaven terminal in Groningen with utility Gasunie, said it reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam, the Botlek, TTR and Chemiehaven facilities for a total price of €407 million ($434M).