Drydocks World announced today that Floating Storage Re-gasification Unit (FSRU) Toscana sailed away from Drydocks World – Dubai. The unit, formerly the 138,830-cbm LNG carrier Golar Frost, has been under conversion since June 2009 at Drydocks world Dubai yard for contractor Saipem and owner OLT. The LNG Carrier, built by Hyundai Heavy Industries was [...]
June 19, 2013 | Posted in
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Iran has bartered more than 1.5 billion cubic meters of gas with Armenia’s electricity over the past six years. National Iranian Gas Export Company (NIGEC) figures show that around 1.558 billion cubic meters of gas has been traded with Armenian electricity during the period of 2007 and 2012, Iran’s SHANA news agency reported. Last year, [...]
RasGas has issued its Sustainability Report 2012, the fourth such report, with the theme Caring For Our Resources. It closely tracks the Company’s concern for the sustainability of the people who live and work in Qatar, the sustainability of the energy the Company produces and the sustainability of the environment around us that is precious [...]
Managing-Director of the National Iranian Oil Company (NIOC) Ahmad Qalebani announced that all phases of the South Pars gas field will come online in the near future. “Phases 15 and 16 and parts of phases 17 and 18 of South Pars gas field will become operational by the end of current Iranian year (ends March [...]
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 [...]
VIDEO: From Plant to Plant – The LNG Process Woodside of Australia posted a video showing how the company produces liquefied natural gas for customers in the Asia-Pacific region and beyond. Petronas to Invest USD 20 Bln in Pacific NorthWest LNG in Canada Petronas of Malaysia expects investment of $20 billion in the Pacific NorthWest [...]
June 16, 2013 | Posted in
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Over the past eight years, Iran has taken 1.750 billion cubic meters of gas from Azerbaijan and has delivered the same amount to autonomous Republic of Nakchivan. NIGEC figures show that gas swap with the neighboring country hit the highest level in 2012 standing at 347 million cubic meters, Iran’s SHANA news agency reported. Iran [...]
Qatargas’ Jetty Boil-off Gas Recovery (JBOG) Project has recently completed 15 million man-hours without a lost time injury. Since the beginning of this project, over 1000 days have been worked at site while keeping up to 3000 workers safe from serious injury. The JBOG Project has fully implemented the “Incident and Injury Free” (IIF) safety [...]
DLA Piper has represented Brisbane-based Bothar Boring & Tunnelling Pty Limited in a major investment into Australia’s liquefied natural gas (LNG) industry. The deal, which was finalised last week, was for a 49% shareholding in Bothar by Petroserv Group, which is based in Qatar. Bothar will be rebranded as Petroserv International as part of the [...]
June 12, 2013 | Posted in
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Nakilat, a wholly owned subsidiary of Qatar Gas Transport Company, has successfully arranged refinancing amounting to $917m with Qatar National Bank SAQ (QNB). Nakilat established its Program Financing structure to fund the construction of a fleet of 25 LNG vessels, each of which is subject to a 25-year time charter. These vessels serve as part [...]
