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News Archive

LNG

Algeria says Stream should pay for Gassi Touil delays

Hispanic gas shippers Gas Natural and Repsol YPF may have to compensate Algeria’s state Sonatrach with make-up LNG cargoes in return for delays to the Gassi Touil project, Algerian energy minister...

30 Mar 2007 00:00 | GLM

LNG

Asian buyers and European traders vie for Abu Dhabi’s spare LNG

Abu Dhabi Gas Liquefaction Co (Adgas) is locked in price negotiations with Asian buyers and European traders to sell the annual 500,000 – 700,000 tonnes of LNG above what it already supplies to Tokyo...

30 Mar 2007 00:00 | GLM

LNG

Belgium’s Exmar to start offshore regas permit application before summer

Belgian gas carrier Exmar has posted consolidated 2006 results of $76.3 million, falling 7% year-on-year, the group said late last Friday. The downturn was due to milder weather and lower crude oil...

30 Mar 2007 00:00 | GLM

Gas

Dutch TTF: Supply problems and cold weather underpin price rises

The TTF was bullish at the start and end of the second half of March, with prices cooling off between these two spikes. At the start of the fortnight, the higher prices were fuelled by forecasts of...

30 Mar 2007 00:00 | EGM

LNG

Eni confirms plans for offshore Adriatic import terminal

Eni has confirmed it plans to build an offshore LNG import terminal in the northern Adriatic Sea.Domenico Dispenza, general manager of Eni’s Gas & Power unit, said the ideal location had not yet been...

30 Mar 2007 00:00 | GLM

LNG

Eon UK to supply Grain LNG with gasification heat from adjacent CCGT

Eon UK will supply National Grid’s Grain LNG terminal in the UK with up to 340 MW of heat from its planned 1,275 MW CCGT on the Isle of Grain. The excess heat will be used to regasify LNG at the...

30 Mar 2007 00:00 | GLM

LNG

Focus on Equatorial Guinea

Equatorial Guinea is likely to join the league of LNG producing nations during April, when BG Group takes its first cargo under a 17-year deal for 3.4 million tonnes per annum (mtpa). Marathon’s $1.4...

30 Mar 2007 00:00 | GLM

LNG

India gears up for spot cargoes, but where from?

Petronet LNG this week said it would import 24 spot cargoes this fiscal year, in a doubling of last year’s figure. Shell is said to be looking for a similar quantity to import through the Hazira...

30 Mar 2007 00:00 | GLM

LNG

Indian government favours Gail but still undecided on Ratnagiri ownership

India’s Gas Authority India Ltd (Gail) has apparently edged ahead in the ongoing competition to become the owner of the Ratnagiri project’s LNG import terminal. Indian politicians are thought to be...

30 Mar 2007 00:00 | GLM

LNG

Ireland starts considering LNG imports

Public meetings are to be held in Ireland next week to consult members of the public about the Shannon LNG import terminal proposal in County Kerry, Ireland.Paddy Power, managing director of Shannon...

30 Mar 2007 00:00 | GLM

LNG

Liquefaction looking as distant as democracy in Myanmar

Myanmar’s chances of becoming an LNG exporter have taken a blow with the news that China has reached an agreement to take gas by pipeline from the Shwe, Shwephyu and Mya fields in the A1 and A3...

30 Mar 2007 00:00 | GLM

Gas

News Briefs

BelgiumLNG - The first cargo for Belgian incumbent Distrigas under a long-term deal with Qatar arrived at Zeebrugge this month, as expected. The 145,800 m3 Umm Bab berthed on schedule, terminal...

30 Mar 2007 00:00 | EGM

LNG

News in Brief

Shell’s Gulf Landing falls by the waysideShell’s US gas and power division has cancelled plans to build the Gulf Landing LNG terminal offshore Louisiana. The company said that market forces were...

30 Mar 2007 00:00 | GLM

LNG

PGNiG shareholders approve LNG terminal project

Shareholders in Polish gas incumbent PGNiG gave the go-ahead for the company to create a 100% owned subsidiary to develop its planned LNG terminal at Swinoujscie on Thursday. Polskie LNG (PLNG) will...

30 Mar 2007 00:00 | GLM

Gas

Polish tender opens for contractors to expand Wierzchowice storage

The state-owned Polish Oil and Gas Company POGC has announced a tender for contractors to begin expansion of the Wierzchowice storage facility in Lower Silesia. The tender is to close on 10th May....

30 Mar 2007 00:00 | EGM

LNG

Qatar’s diversion dream comes true as UK court halts work on part of Milford Haven pipeline

The UK court today effectively stopped work on part of the pipeline linking two new LNG import terminals at Milford Haven to the National Grid following an appeal by a local resident to quash...

30 Mar 2007 00:00 | GLM

LNG

Technip denies winning OK LNG contract

Technip this week denied reports it had already won an $11 billion contract for the first phase of the OK LNG project in Nigeria, which, if awarded, would mean that a Final Investment Decision had at...

30 Mar 2007 00:00 | GLM

Gas

Turkmenistan baffles experts and looks to produce 80 Gm3 in 2007

Turkmenistan’s official news website has reported that the Central Asian state planned to increase gas exports 25% year-on-year in 2007. Addressing Turkmenistan’s Council of Ministers, the council’s...

30 Mar 2007 00:00 | EGM

LNG

US terminals still full as new gas arrives in Europe from Qatar

Oversupply was still the picture on the LNG spot market this week. Buyers appear to be getting wise to the general lack of selling options and are knocking down prices. Buyers in the US can get a...

30 Mar 2007 00:00 | GLM

Gas

Zeebrugge: Frequent Interconnector switches subdues trading

At Belgium’s Zeebrugge hub, trading was hampered at the start of the month by uncertainty over the flow direction of the Britain/Belgium Interconnector. The pipeline changed flow directions four...

30 Mar 2007 00:00 | EGM

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