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. [...]
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 [...]
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 [...]
Santos GLNG and Woodside Energy have won environment awards at the Australian Petroleum Production and Exploration Association (APPEA) national conference in Adelaide. Announcing the awards at the Conference Dinner, APPEA Environmental Affairs Committee Chairman Eric Streitberg said this year’s awards clearly illustrated the Australian oil and gas industry’s high standards of environmental management. Category A [...]
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Delyan Dobrev, Bulgarian Economy, Energy and Tourism Minister. The meeting addressed the current status of the Russian-Bulgarian cooperation in the energy sector. The focus was placed on the South Stream project implementation. The meeting participants underlined that the project was being implemented [...]
Total gas sales volume by Tokyo Gas for the month of April 2012 came to about 1,225.407 million m3, increased by 48.627 million m3 (+4.1%) from April 2011. In the residential sector, volume totaled 372.039 million m3, up 1.6% from April 2011, while in the business sector (consisting of commercial, public, and medical use), with [...]
In a significant milestone for the Arrow LNG Project, Arrow Energy has invited four parties to tender for the design and construction of Arrow’s upstream gas infrastructure in the Bowen and Surat basins in Queensland. The parties have been invited to tender for the Front End Engineering Design (FEED ) for surface infrastructure including well [...]
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