Gazprom: Boosting LNG Sales – 17% yoy Increase in Sales
The Gazprom Board of Directors took notice of the information regarding the implementation of the strategy for production and supply of liquefied natural gas (LNG). Among the crucial factors determining the current status of the LNG market were highlighted the following: further growth of demand at promising markets of China, India and Southeastern Asia as well as the emergence of new …
Rosneft and EGAS Agreed on the Term Sheet of LNG Supplies
Rosneft Chairman of the Management Board Igor Sechin and Egyptian Natural Gas Holding Company (EGAS) Chairman Khaled Abd El Badee signed a Term Sheet for Rosneft future supplies of liquefied natural gas (LNG) to the Egyptian company. The document defines key terms of the future cooperation between the companies in …
Gazprom and Fluxys Address Russian Gas Transit Issues
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Walter Peeraer, Chief Executive Officer of Fluxys took place today within the St. Petersburg International Economic Forum 2015. The parties addressed the current state of and the development prospects for the bilateral cooperation in the gas industry. A focus was put on Russian gas transit …
NOVATEK: Signs Long-Term LNG Contract with Shell
OAO NOVATEK announced today that Novatek Gas & Power, a wholly owned trading subsidiary of NOVATEK, has signed a long-term contract with Shell International Trading Middle East for the supply of LNG from the Yamal LNG project. The contract stipulates annual supply of approximately 0.9 million tons of LNG for …
DNV GL’s Unmanned, Solitude, FLNG Concept Boosts Safety And Reduces Costs
DNV GL has developed a new unmanned floating LNG concept that overcomes many of the challenges currently faced by those looking to unlock the potential of remote offshore gas fields. Called Solitude, the concept demonstrates how technological advances – most of the technology already within reach – can be combined …
LNG Congress 2015: Post Show Review
We would like to express our gratitude to the participants and partners of the 2nd international congress “LNG Congress 2015. Choosing development vector” organized by Vostock Capital. The event was attended by over 200 government officials and representatives of business and scientific communities. The evident success of the Congress is confirmed by excellent feedbacks received from our guests. On …
GlobalData: Rosneft Focuses on Russian Gas as Latin American Prospects Appear Limited
Despite the recent Memorandum of Understanding (MoU) between Rosneft and Golar LNG, the former’s current gas strategy is narrowly focused on developing domestic reserves and initiating Liquefied Natural Gas (LNG) projects in Russia, according to an analyst with research and consulting firm GlobalData. While the MoU can be interpreted as …
Gazprom: Looks to Expand Export Routes
The Gazprom Board of Directors approved the Company’s strategy aimed at diversifying its export routes and increasing the Russian gas competitiveness. It was noted that gas supply alternatives as well as enhanced reliability and safety of supplies were of primary importance to make Gazprom’s products attractive for international markets over a long term. With a view to provide stable and well-balanced supplies of Russian gas …
GE Pursues the Future of Gas through its Cutting-Edge Technology
As a result of the shale gas boom in North America, natural gas has become one of the most promising alternatives for constant and plentiful energy supply. As such LNG plants are among the latest efforts made by energy companies to build on this potential. This is leading to a …
Alexander Novak: Russia Could Seek New Partners if Western Majors Pull Out
Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia, RIA news agency quoted Energy Minister Alexander Novak as saying on Saturday. The sanctions over Russia’s role in the Ukraine crisis have targeted the …