The project company ICGB successfully completed the public procurement for design, procurement and construction (EPC) of the gas interconnector Greece – Bulgaria. Initial interest in the restricted procedure was expressed by 11 Bulgarian and foreign companies and consortia. The participant that best covers ICGB’s technical and financial requirements is...
China announced it would raise tariffs on liquefied natural gas (LNG) imports from the United States amid a series of additional levies, a move that could further reduce U.S. LNG shipments to the world’s fastest growing importer of the fuel. So far this year, only two LNG vessels have gone...
Tellurian, an upstart U.S. integrated gas company financed in part by Total, envisions changes in the global gas business that will see LNG commodity traded. “Frankly, I’ve never been more bullish about the future of LNG,” Renee Pirrong, manager of research and analysis at Tellurian Inc., said during a...
Anadarko Petroleum, the U.S. independent energy group in the midst of a takeover battle, said on Wednesday it was ready to make a final investment decision on its $20 billion liquefied natural gas (LNG) project in Mozambique on June 18. Chief executive Al Walker met Mozambique President Filipe Nyusi on...
State-run Aramco seeks to become a major player in the gas industry and is looking for potential joint ventures and partnerships Saudi Aramco, the world’s biggest oil exporter, dipped a toe into the natural gas business by selling its first cargo of the fuel. Aramco sold the shipment of liquefied natural...
By Pat Davis Szymczak The U.S. and the EU are upset. Turkey has plans to drill offshore in an area that Cyprus claims as its exclusive economic zone. “This step is highly provocative and risks raising tensions in the region,” a U.S. State Department spokesperson told Reuters. “We urge Turkish...
Russian gas producer Novatek said on  that it had signed agreements with two Chinese companies to sell a combined 20 percent stake in its new liquefied natural gas project, Arctic LNG 2. Under the agreement, the Chinese firms -CNOOC and CNODC - will become shareholders in the Arctic LNG project...
The CEO of French oil and gas company Total S.A, Patrick Pouyanne said that the company would buy 10 percent share of LNG terminals of Novatek in Murmansk and in the Kamchatka region of Russia, arctictoday.com reported. The statement came during a Thursday meeting in the Kremlin between Pouyanne and...
Gazprom PJSC forecasts a conservative natural gas production outlook for 2019, based on warm weather and growing competition from Russian-piped super-chilled fuel. “We plan to produce 495 Bcm of gas this year,” deputy CEO Vitaly Markelov said in an interview to Gazprom's in-house publication, excerpted by Bloomberg. Markelov was reiterating...
Greece's Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג), has announced a signficant natural gas discovery in the Karish North exploration in the Israel sector of the East Mediterranean. Preliminary results as reported 15 April in a company new release showed: Initial gas in place estimates of between 1...