LNG

The Economist Intelligence Unit has announced that it maintains its forecast that Brent will average US$40/bbl in 2016.

According to Reuters, Poland’s PGNiG has received several offers for spot deliveries of LNG cargoes, and is now analysing its options.

Eniram Ltd has announced that it is to open a new office in central London, UK.

Eagle LNG has released a statement claiming that it has commenced construction of a liquefaction plant in West Jacksonville, Florida, US.

Qatar Petroleum, Qatargas and RasGas have celebrated the successful loading of the 10 000th cargo of LNG from Ras Laffan port.

SCT&E LNG has signed a long-term cooperation agreement with JOVO Group.

Omnix International and AVEVA have announced a formal business partnership focused in the KSA, Kuwait and Qatar region.

Gas Natural Fenosa has announced that it will invest up to €14 billion over the coming five years, including in LNG.

TransCanada and Columbia continue to anticipate completing the transaction in 2H16.

The inauguration of KivuWatt, a 25 MW Smart Power Generation power plant, was recently conducted in Kibuye, Rwanda.

Petronet LNG has reported a fall in net profit for the fiscal quarter ended 31 March 2016.

Representatives from Gazprom and PetroVietnam have met in Moscow, Russia, signing a number of agreements to strengthen cooperation.

Statoil has entered a binding letter agreement into two exploration licenses in north-west Turkey.

Trelleborg has announced that it has carried out a training session for the US Coast Guard on safe transportation of liquefied gas.

WE Tech has received an order from ESL Shipping to provide its direct-drive permanent magnet shaft generator solution for two LNG-fuelled handysize bulk carriers.