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News Archive

LNG

Chaos and confusion over payment of VAT on LNG into EU

Differing approaches towards the payment of VAT on LNG imports in different parts of Europe are putting some countries at a disadvantage as they try to build import facilities. At the moment,...

30 Jun 2006 00:00 | GLM

LNG

Choppy waters as bears wade in and out of basin

Recent activities in the LNG market have been somewhat curious to say the least, and the market has been running anything but smooth. Bears have been out again both sides of the Atlantic, with the US...

30 Jun 2006 00:00 | GLM

LNG

Dapeng opens for bargain LNG business

It was a glorious, glittering official opening ceremony on Wednesday for Dapeng LNG terminal, the first operational LNG terminal in China. No less than the country’s premier Wen Jiabao, Australia’s...

30 Jun 2006 00:00 | GLM

Emissions

Drax carbon

Drax Group, operator of the 4 GW coal-fired Drax power plant in Yorkshire, has contracted 87% of its expected annual requirement of CO2 allocations for 2006, the company said Friday. The contracted...

30 Jun 2006 00:00 | EDCM

Gas

First merger hurdle cleared for French Suez and GDF

The planned merger between French multi-utility Suez and national gas incumbent GDF cleared its first political hurdle this week with France’s Cabinet Ministers approving the law allowing the...

30 Jun 2006 00:00 | ESGM

LNG

Further delays for operating code at Zeebrugge terminal

Belgium’s new LNG terminal code, developed by Zeebrugge terminal operator Fluxys LNG, is facing further delays. Belgian energy regulator CREG has decided to prolong the temporary version of the...

30 Jun 2006 00:00 | GLM

LNG

Gas demand rises on power but by not as much as expected

Gas demand in Spain grew at a slower pace than expected during the first five months of 2006, according to national gas transporter Enagas on Monday. Despite nine new CCGTs coming on-stream, demand...

30 Jun 2006 00:00 | GLM

Gas

Gazprom’s Miller warns of looming crisis as Turkmen price fixed for Q3

Alexei Miller, c.e.o. of Russian gas monopoly Gazprom, has warned of an impending “serious gas crisis” after talks with Turkmenistan failed to set a price for gas past Q3 ’06.Miller made his...

30 Jun 2006 00:00 | ESGM

LNG

Getting world’s richest gas reserves involves Russian roulette

“Political risk, opaque legal and business systems, and Russia’s short history of contract law and enforcement will distinguish its LNG projects from recent LNG project financings in Qatar, Oman,...

30 Jun 2006 00:00 | GLM

LNG

LNG supply to remain tight in face of growing global demand

Worldwide consumption of natural gas is projected to more than double in the period from 2003 to 2030, according to a report out this week from the US Energy Information Administration. The reference...

30 Jun 2006 00:00 | GLM

Gas

Malaysia delivers Egyptian LNG to Belgium

At Belguim’s Zeebrugge LNG terminal, Malaysian Petronas unloaded its second cargo of Egyptian LNG this month on 30th June. Distrigas, which is the primary capacity holder at the terminal, previously...

30 Jun 2006 00:00 | ESGM

LNG

More tactical moves made against Weaver’s Cove terminal

The battle for the 0.8 billion cubic feet/day (bcfd) Weaver’s Cove Energy LNG terminal at Fall River, Massachusetts took a turn for the worse for the importers as Rhode Island’s state Senate passed a...

30 Jun 2006 00:00 | GLM

Gas

National Grid submits planning application for second Grain LNG expansion

British network operator National Grid has submitted a planning application to Medway Council for the expansion of its existing LNG terminal at Isle of Grain, NG announced on Friday. The expansion...

30 Jun 2006 00:00 | ESGM

LNG

NEWS in brief

Shtokman gas to be marketed Gazprom plans to sell 80% of the gas produced at its 3.7 Tm3 Shtokman gas deposit through a marketing company, the Russian gas monopoly’s deputy c.e.o. said on...

30 Jun 2006 00:00 | GLM

LNG

Plans submitted to expand UK’s Isle of Grain by 2010/11

British network operator National Grid has submitted a planning application to Medway Council for the expansion of its existing LNG terminal at Isle of Grain, NG announced on Friday. The expansion...

30 Jun 2006 00:00 | GLM

Emissions

Polish registry on line

The European Commission announced on Friday that the ETS’ third largest emitter, Poland, had launched its carbon allowance registry, paving way for the release of the country’s 2005 emissions data....

30 Jun 2006 00:00 | EDCM

Gas

SEE auctions 23% of UK’s Hornsea storage capacity

SSE Hornsea, a subsidiary of Scottish and Southern Energy, announced on Friday that it had completed the auction of around 23% of capacity at its Hornsea storage facility in the UK.The company said...

30 Jun 2006 00:00 | ESGM

Gas

Spain’s Gas Natural strikes deal with tile industry

Spanish gas incumbent Gas Natural has reinforced its position as the main supplier to Spain’s large tile industry. On Friday, the company announced that it has signed contracts to supply 14,000 GWh...

30 Jun 2006 00:00 | ESGM

Gas

Spain’s Gas Natural strikes deal with tile industry

Spanish gas incumbent Gas Natural has reinforced its position as the main supplier to Spain’s large tile industry. On Friday, the company announced that it has signed contracts to supply 14,000 GWh...

30 Jun 2006 00:00 | ESGM

Emissions

UK think tank says Brussels should set industry caps

UK think tank, the Institute for Public Policy Research (IPPR), is calling on Brussels to impose industry emissions caps, as oppose to leaving down to individual member states, in a bid to save the...

30 Jun 2006 00:00 | EDCM

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