LNG - 27 June 2016

The LNG Motion project, which was initiated by Axègaz, will be awarded a €27.8 million grant from the Connecting Europe Facility for Transport (CEF-Transport) programme.

FMC Technologies Inc. has received an early, positive decision from US antitrust regulators regarding its merger with Technip.

The immediate impact of the UK’s referendum outcome was a decrease in the value of the pound (£) to a 30 yr low of US$1.34.

RasGas has announced that it has reduced NOx intensity by 90% through 10-year emissions reduction programme.

According to Reuters, VEB – the Russian development bank – has confirmed that it has provided a guarantee of US$3 billion of debt to the Novatek-led Yamal LNG project.

Adriatic LNG recently received its 450th LNG cargo.

The newly expanded Panama Canal has now been officially opened.

Dominion Cove Point LNG LP has issued its monthly status and progress report to the US FERC for May 2016.