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. [...]
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 [...]
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 [...]
Port of Sines in Portugal is scheduled to receive a shipment of LNG from Nigeria on May 19, according to the Port of Sines website. The LNG Bayelsa tanker, with a capacity of 135,000 cbm cubic metres, is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico and has a nominal send [...]
Polish Gas Transmission Operator GAZ-SYSTEM said it has obtained all the necessary corporate approvals to raise the share capital of its subsidiary Polskie LNG by the amount of 398 mln PLN. The share capital of Polskie LNG will be raised by 398 thousand new, ordinary registered shares with a nominal value of 1,000 PLN per [...]
NGVA Europe announced that two more of its members have applied for seats on the association’s Board of Directors: Westport and Swagelok. Together with GNVert, Bohlen & Doyen, Linde and Gasrec they will have to be officially confirmed by the next annual General Meeting (to be held at NGV2012 Bologna/Italy, next June 19th) to join [...]
The European Commission has cleared the proposed acquisition of joint control over the Angolan company Angola LNG by BP of the UK, Chevron Global Energy of the US, Eni of Italy, Sonangol of Angola and Total of France. The joint venture will be active in the production of LNG in Angola and the worldwide supply [...]
Rolls-Royce, the global power systems company, announced that two of the Group’s Trent 60 gas turbines have successfully entered service at the new EDF Luminus power plant located at Angleur in the city of Liège, Belgium. The Trent 60 gas turbines, each capable of producing 64 megawatts (MW) of power, can achieve fast start-up in [...]
