LNG

Members of the Green Gas Initiative believe that gas infrastructure is key to achieve EU carbon objectives at a reasonable cost for society and consumers.

CB&I has announced a 40% increase in net income for 1Q15 to US$132.2 million.

Mitsubishi Heavy Industries Compressor International Corp. has started operations at its facility in Pearland, Texas, US.

Meridian LNG has entered into a 20-year gas sales agreement with E.ON Global Commodities SE, the trading unit of E.ON SE.

LNG rate equalisation is not the only tax challenge facing natural gas marketers.

TerniEnergia has signed an agreement with La Mercantile Srl La Spezia to acquire 85% of the share capital of New Gas Trade Srl (NGT).

Gazprom believes that objections put forward by the European Commission are unfounded.

Xcoal has announced plans to develop a business to export LNG by no later than 2018.

FMC Technologies has reported a 7% drop in 1Q15 revenue to US$1.7 billion.

The Ichthys LNG project has lifted the first topside modules onto the hulls of its two major offshore facilities.

Australia Pacific LNG has started-up the first gas generator at its Curtis Island LNG facility.

The Canadian Gas Association has welcomed federal budget support for investment in LNG facilities in Canada.

The deal confirms the Gitanyow First Nation’s support for the PRGT pipeline project.

GasLog has reached an agreement to charter three newbuild LNG carriers to Methane Services Ltd, a subsidiary of BG Group.

Alaska Governor Bill Walker has welcomed the House and Senate’s decision to pass SB70.