Displaying 1 - 10 of 106 articles
The market is going to get tighter and tighter starting second half of this year given the slow-down of new LNG coming into the market. Only 48 million tons of new capacity will come online between now and 2014, which is not enough to offset the growing Asian LNG demand. As a result, countries heavily...
The European Commission has today cleared the way for the acquisition of Angola LNG by several oil and gas majors. The news means Total, BP, Chevron, Eni and Sonangol are approved to enter a joint venture to acquire the Angolan company Angola LNG. Through the venture, the companies would export...
Ukrainian Prime Minister Mykola Azarov has said that his country has invited Qatar to participate in a planned LNG terminal in Odessa. Following a meeting with Qatari Premier Sheikh Hamad bin Jassem al-Thani, Prime Minister Azarov confirmed that he had asked Qatar to participate in the construction...
Russia's Gazprom says it is considering the construction of a gas pipeline to Japan, following a meeting at Gazprom Export's headquarters yesterday. The meeting, which took place between Deputy Chairman of Gazprom's Management Committee Alexander Medvedev and delegates from Japan's ruling Democratic...
Vopak LNG will join forces with Elering and Tallinna Sadam to cooperate on the building of an LNG terminal in Estonia. Following the signing of a Letter of Mutual Understanding between the three, Vopak will act as the international strategic partner for the project. The three will now undertake...
In a classified report that was leaked in the local press, the Cypriot regulatory agency for energy outlined five ways under which a third corridor can be achieved. The report, produced after months of consultations with the stakeholders involved in Israel, Cyprus and Greece, was commissioned for the...
An LNG terminal now under construction in Spain at Musel, Gijón will be completed and then shelved until demand picks up, its operator has said. The Musel terminal, which was due to have an annual capacity of 7 billion cubic metres a year, will finish construction by the end of this...
Workers at GDF Suez's three LNG terminals in France have returned to work following the cessation of a week-long strike action. The workers from GDF's liquefied natural gas arm Elengy had moved to strike in a dispute about annual bonuses in light of GDF Suez's increased profits and increased LNG sales.
The Shtokman consortium will launch a revamped design for the Shtokman field this June, according to Reuters news agency. The news agency reports that the consortium, which includes Gazprom (51 per cent), Total (25 per cent) and Statoil (24 per cent), is considering abandoning plans to build a pipeline...
Operations continue to be shut down at GDF Suez's three LNG terminals in France as striking workers continue to block operations due to an ongoing pay dispute. The argument between staff and management, which first broke out on Tuesday, has caused workers to block the unloading of liquefied natural...