Reliance Industries Limited (RIL) and its partners BP and NIKO announced a significant gas and condensate discovery in the KG D6 block off the eastern coast of India. The KGD6-MJ1 well was drilled in a water depth of 1,024 metres – and to a total depth of 4,509 metres – to explore the prospectivity of [...]
After several media reported that GAIL of India has stopped gas supply to Haryana City Gas Distribution, the company on Thursday denied the reports and revealed in a statement that it has not stopped supply of natural gas to HCGDL and is even currently supplying 0.025 MMSCMD of natural gas (RLNG) to HCGDL. The company [...]
Lloyd’s Register has awarded Approved Training Provider (ATP) Certification to Hae Young Maritime Services Co. Ltd. (HMS), a subsidiary of Hyundai Merchant Marine Co. Ltd (HMM), one of Korea’s largest shipping companies. The HMS Training Center at Busan, Korea trains seafarers under The Society of International Gas Tanker and Terminal Operators (SIGTTO) training standards. [...]
May 24, 2013 | Posted in
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Japan, the world’s biggest buyer of liquefied natural gas, imported 7.05 million tonnes of LNG in April, up 2.1 percent from a year earlier, the country’s Ministry of Finance said. Japan’s LNG imports reached 86.865 million tonnes in the fiscal year that ended in March, up 4.4 percent compared to the same period before. The [...]
Extrusion Exheat have been awarded the contract to supply the hazardous area electrical heaters and control solutions for the PETRONAS floating liquid natural gas facility. The PETRONAS FLNG will be among the world’s leading FLNG vessels, scheduled for operation in 2015. With a 1.2 million tonnes per annum capacity, it is expected to operate 365 [...]
May 22, 2013 | Posted in
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Total gas sales volume by Japan’s Osaka Gas for the month of April came to about 734 million cubic meters, down 4.1% from the previous year. In the residential sector, the gas sales volume decreased by 10.5% from the previous year, while in the industrial sector, the gas sales volume remained the same level as [...]
COSCO Corporation (Singapore) said that COSCO (Dalian) Shipyard, a subsidiary of the company’s 51% owned unity, COSCO Shipyard Group, has secured a contract valued over RMB500 million from a Chinese ship owner to build one 28,000 CBM LNG Vessel. The vessel is scheduled for delivery in the first quarter of 2015. The contract is not [...]
May 21, 2013 | Posted in
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The latest LNG cargo to be loaded at the Peru LNG terminal has been dispatched to South Korea, according to PeruPetro S.A The 173,400 cubic-meter Barcelona Knutsen departed from the Peru LNG terminal on May 17, and it is due to arrive at the Pyeongtaek terminal on June 7. The Peru LNG project includes two parts: an [...]
Prices of liquefied natural gas (LNG) for June delivery to Asia fell 5.8% to $14.565 per million British thermal units (/MMBtu), as spot demand has failed to rebound in the past few months, according to the latest monthly Platts Japan/Korea Marker (JKM) for month-ahead delivery. The monthly average Platts JKM for delivery in June was [...]
May 21, 2013 | Posted in
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INPEX of Japan said that it has decided to establish “Gas Supply & Infrastructure Division” and that it will reorganize its oversea project divisions. Newly established “Gas Supply & Infrastructure Division” is responsible for planning, coordination and managing overall gas supply business in Japan including operation and management of Naoetsu LNG Terminal (planned to start [...]