Company News

Iran to Increase Gas Exports to Armenia

Iran to Increase Gas Exports to Armenia

Iran has expressed its readiness to increase gas exports to Armenia, Iranian Ambassador to Armenia Mohammad Raiesi said. Armenian Deputy Energy and Natural Resources Minister Areg Galstyan, commenting on Iranian Ambassador Mohammad Raiesi’s statement about his country’s readiness to enlarge supply of Iranian natural gas to Armenia, said that the matter deserves consideration. Iran is [...]

Gasrec, Volvo Trucks to Promote Gas Vehicles in UK

Gasrec, Volvo Trucks to Promote Gas Vehicles in UK

Leading UK bio-fuel supplier Gasrec has teamed up with global heavy-duty truck manufacturer Volvo Trucks to help business customers cut haulage costs and reduce carbon emissions. The two companies will co-operate commercially and technically to increase the availability and promote the use of gas vehicles in the UK. When substituted for diesel, Bio-LNG can today [...]

Australia: Beach Energy to Acquire More Stake in ATP 855 from Icon Energy

Australia: Beach Energy to Acquire More Stake in ATP 855 from Icon Energy

Icon Energy announced it has exercised the put option granted by Beach Energy on 25 February. The exercising of the put option by Icon obligates Beach to acquire an additional 4.9% interest in ATP 855 from Icon on payment by Beach of US$18 million. As a consequence of exercising the put option Icon’s interest in [...]

Angola LNG Ships First Cargo

Angola LNG, the Soyo-based facility built to create value from Angola’s offshore gas resources, confirmed that production of liquefied natural gas (LNG) has safely commenced at the Angola LNG plant in Soyo and that its first cargo has been shipped on Sunday. This marks the first new LNG supply to come on-stream since 2010, and [...]

USA: CLNG President to Testify on Legal and Regulatory Issues of LNG Exports at House Subcommittee Hearing

USA: CLNG President to Testify on Legal and Regulatory Issues of LNG Exports at House Subcommittee Hearing

Center for Liquefied Natural Gas (CLNG) President Bill Cooper will testify about the regulatory and legal barriers to U.S. liquefied natural gas (LNG) exports alongside a distinguished panel of fellow energy experts at a House Energy and Commerce Committee’s Subcommittee on Energy and Power hearing entitled, “U.S. Energy Abundance: Regulatory, Market, and Legal Barriers to [...]

Klaipedos Nafta Receives Approval for LNG Terminal Works, Lithuania

Klaipedos Nafta Receives Approval for LNG Terminal Works, Lithuania

Klaipedos Nafta AB  informed that Special Plan for Construction of the Liquefied Natural Gas Terminal, Related Infrastructure and Gas Pipeline has been approved by the Order of the Energy Minister of the Republic of Lithuania. The Order shall come into force on the next day as of its official publishing in the official gazette “Valstybes [...]

GasLog Gets New CEO (Monaco)

GasLog Gets New CEO (Monaco)

GasLog Ltd. announced that it has appointed Mr. Dennis Houston as new independent member of the Board of GasLog effective June 14, 2013. Dennis Houston has also been appointed member of the Audit & Risk Committee as well as a member of the Compensation Committee and HSSE Committee of the Company. The Board has further appointed [...]

SCT&E Chairman Visits Dominican Republic to Talk LNG

SCT&E Chairman Visits Dominican Republic to Talk LNG

Greg Michaels, Chairman of SCT&E, and CEO of its subsidiary North Energy Central (NEC), spent the last week in the Dominican Republic on a business trip where he met with investors and financiers to discuss the US$2 billion vertically integrated energy projects. During the same trip, Mr. Michaels attended a Gas Summit and Round Table for [...]

Gazprom, Ministry for Development of Russian Far East Sign Cooperation Agreement

Gazprom, Ministry for Development of Russian Far East Sign Cooperation Agreement

  Alexey Miller, Chairman of the Gazprom Management Committee and Viktor Ishaev, Minister for the Russian Far East Development, Presidential Plenipotentiary Envoy to the Far Eastern Federal District signed an Agreement of Cooperation at the Gazprom headquarters. The signed document is primarily aimed at creating favorable conditions for social and economic development of the Far [...]

Yuriy Boyko: Ukraine in Constant Talks with Russia Regarding Imported Gas Price

Yuriy Boyko: Ukraine in Constant Talks with Russia Regarding Imported Gas Price

Ukraine is holding talks with Russia concerning reducing of imported gas price and successfully realizes the program of improvement of its own energy independence. This was announced by Vice Prime Minister of Ukraine Yuriy Boyko in his interview with the 5 channel. “We are into constant negotiations with partners. We show than that this year [...]







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