Archive for: September, 2011

USA: Jordan Cove Files for LNG Export Permit

USA: Jordan Cove Files for LNG Export Permit

Jordan Cove Energy Project last week told the US Federal Energy Regulatory Commission that it is seeking to export domestic liquefied… (platts) Source: platts, September 30, 2011

UK Gas Drops

UK Gas Drops

British gas prices fell across the board on Friday as risk premiums in the market eased following Germany’s approval of new powers for the… (reuters) Source: reuters, September 30, 2011

China, Tanzania Ink Gas Pipe Deal

China and Tanzania have signed a $1 billion loan agreement to build a major natural gas pipeline in east Africa’s second-biggest economy,… (reuters) Source: reuters, September 30, 2011

Germany: Bayerngas Wants to Join Nabucco

Germany: Bayerngas Wants to Join Nabucco

Germany’s Bayerngas intends to join the Nabucco gas pipeline consortium as a seventh member, boosting the project’s competitiveness in a bid… (reuters) Source: reuters, September 30, 2011

Russia: NOVATEK Ups Yamal LNG Stake

Russia: NOVATEK Ups Yamal LNG Stake

OAO NOVATEK today announced that it has increased its equity interest in Yamal LNG to 100% by exercising call options through its wholly owned subsidiary, NOVATEK North-West. NOVATEK increased its equity interest through two call options for 23.9% and 25.1% purchased in July 2009 and March 2011, respectively. The options’ strike price will be paid [...]

Petra Energy Eyes More Vessel Purchases (Malaysia)

Petra Energy Eyes More Vessel Purchases (Malaysia)

Sarawak-based Petra Energy Bhdis looking at buying more work barges, work boats and supply vessels to support its increasing role in the… (thestar) Source: thestar, September 30, 2011

InterOil Seeks Strategic Partner for Papua New Guinea LNG Project

InterOil Seeks Strategic Partner for Papua New Guinea LNG Project

InterOil Corporation today announced that the Company has retained Morgan Stanley & Co. LLC, Macquarie Capital (USA) Inc. and UBS AG as joint financial advisors to assist InterOil with its soliciting and evaluating proposals from potential strategic partners in the liquefied natural gas (LNG) project currently being led by InterOil’s joint venture entity, Liquid Niugini [...]

South Korea: Shipbuilding Orders Reach USD 37.8 Billion This Year

South Korea: Shipbuilding Orders Reach USD 37.8 Billion This Year

South Korean shipbuilders’ focus on the most complicated and expensive vessels has allowed them to double their share of global orders…   (bloomberg businessweek) Source: bloomberg businessweek, September 30, 2011

Wartsila Bags Methane Gas Power Plant Order (Rwanda)

Wärtsilä, a leading supplier of flexible power plants and services to the global power generation market, has been awarded the contract to supply a power plant to the Republic of Rwanda. The turnkey project is of particular significance since the power plant will utilize methane gas from the nearby Lake Kivu as fuel. The order [...]

South Korea: Incheon LNG Terminal to Receive Four Spot Cargoes

South Korea: Incheon LNG Terminal to Receive Four Spot Cargoes

South Korea, the world’s second- biggest buyer of liquefied natural gas, may receive at least four spot cargoes of the fuel in the next two… (bloomberg) Source: bloomberg, September 30, 2011


 

 


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