Teekay LNG Partners today reported adjusted net income of $35.6 million for the quarter ended March 31, 2012, compared to $25.9 million for the same period of the prior year. During the first quarter of 2012, the Partnership generated distributable cash flow of $50.8 million, compared to $39.1 million in the same quarter of the [...]
GasLog , an international owner, operator and manager of liquefied natural gas (LNG) carriers, today reported its financial results for the quarter ended March 31, 2012. Highlights GasLog reports Revenue of $16.6 million, EBITDA of $8.4 million and Profit of $2.2 million, for the first quarter of 2012. GasLog’s budgeted new building program is fully funded, [...]
Liquiline, an independent service provider of transport and storage of LNG and LBG, said it has been during the last few years asked by gas consumers to help them source LNG. Through Liquiline’s network of LNG suppliers the company has approached potential LNG suppliers with an enquiry from its customer to buy LNG. “We have a.o. [...]
Sembcorp Marine’s subsidiary Sembawang Shipyard was recently awarded two LNG carriers life extension projects from North West Shelf Shipping Service Company, Australia (NWSSSC). NWSSSC is the shipping service provider to the vessel owner, International Gas Transportation Company Limited (IGTC), a North West Shelf Venture company registered in Bermuda. The 20-year-old LNG vessels Northwest Seaeagle and [...]
May 17, 2012 | Posted in
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Petronet’s Dahej LNG terminal on India’s west coast is due to get a cargo of LNG onboard the 137,248 cbm Sohar LNG on May 20, according to shipping data. The Dahej terminal in Gujarat is India’s first LNG import terminal and has a nominal capacity of 10 MMTPA. The terminal is meeting around 20% of the [...]
BC Premier Christy Clark continued her Jobs and Trade Mission yesterday by touring the Negishi Terminal, Asia’s first liquefied natural gas (LNG) facility, and promoting B.C.’s promising LNG sector to potential Japanese partners. “This is a great opportunity to see, first hand, how an LNG terminal works, the types of jobs and skills required to [...]
Santos GLNG welcomed the release of the Queensland Water Commission’s (QWC) Underground Water Impact Report today which confirms the detailed studies already undertaken by Santos GLNG. The QWC report confirms the impact of Santos GLNG’s operations will be minimal and manageable and that almost all of the landholder bores within our operating areas will not [...]
Exoma Energy announced interim drilling results for the Alma‐1 exploration well. At 11.00 am the well was at 1042 metres depth and the operation on site was coring in the Rewan formation, immediately above the Betts Creek coal measures. The actual form ation depth encountered in the well is about 15 metres deeper than the [...]
The Methane Heather Sally LNG carrier, with a capacity of 145,613 cubic metres, is due to arrive in the UK’s Dragon terminal from Nigeria on May 24, according to the Milford Haven Port Authority website. BG and Petronas between them have contracted for the full capacity at Dragon LNG’s Milford Haven site over the next [...]
Snam and Fluxys have reached an agreement to acquire E.ON’s 15.09% stake in Interconnector (UK), owner and operator of the subsea pipeline between the UK (Bacton) and Belgium (Zeebrugge) providing a strategic bi-directional link between the UK and the continental gas trading places. Last January, Snam and Fluxys entered into a strategic alliance aimed at [...]
