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Regasification

Hoegh LNG wins FSRU contract in Indonesia

Hoegh LNG has signed an agreement with PT Perusahaan Gas Negara (PGN) to provide them with an FSRU and mooring system offshore Belawan, near the city of Medan, in North Sumatra, Indonesia. The project will employ the first of Höegh LNG's new building FSRUs under construction at Hyundai Heavy Industries Ltd in Korea.

 
 
 

2012 Oil & Gas Industry Perspective

Thoughts on how oil and gas companies can adapt to, and profit from, the uncertain environment they face in the coming year.

 
 
 
 
 

Sendai terminal re-opens

The LNG terminal in Sendai, Japan will receive its first cargo since closing back in March.

 

InterOil and Gunvor sign HOA for LNG supply

InterOil Corporation and Pacific LNG Operations Ltd. have signed a Heads of Agreement (HOA) with Gunvor Singapore Pte. Ltd., for the supply of 1 million tpa of LNG from the Gulf LNG Project in Papua New Guinea.

 

Cheniere signs 20 year supply deal with Gas Natural Fenosa

Cheniere Energy Partners, L.P. has entered into a LNG sale and purchase agreement (SPA) with Gas Natural Aprovisionamientos, a subsidiary of Gas Natural Fenosa, under which Gas Natural Fenosa has agreed to purchase 3.5 million tpa of LNG over a 20 year period.

 

Wärtsilä announces recommended cash offer for Hamworthy

Wärtsilä Corporation has reached agreement with the Board of Hamworthy plc, a UK listed ship-based LNG regaisfication company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy.

 

Wärtsilä in talks to buy regas firm

Wärtsilä is in advanced discussions with Hamworthy regarding an 825 pence per ordinary share cash offer. Hamworthy are producers of ship based LNG regasification systems.

 
 

The geopolitics of Southeast Asian energy security

The energy security strategies of states across the region, if not working in cooperation with each other, could have severe geopolitical and economic repercussions in a region where high food and oil prices threaten economic recovery and human security.