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European Commission authorized Finnish cash for LNG terminal

The European Commission on Friday consented Finland's intentions to offer 28 million euros ($31.6 million) in public funding to aid fund a liquefied natural gas terminal at Hamina, on Finland's south-east coast.

read more... 21/03/2016

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Russia's Novatek finalizes transaction to sell Yamal LNG stake

Russia's No.2 natural gas producer Novatek declared on Tuesday it has accomplished the transaction to vend a 9.9 percent stake in the Yamal LNG project to China's Silk Road Fund for 1.09 billion euros ($1.2 billion).

read more... 16/03/2016

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Russia's Novatek will inaugurate first Yamal LNG train with no extra financing

Russia's Novatek intends to inaugurate its first train with 5.5 million tonnes of yearly LNG capacity in Yamal in 2017, and this will involve no extra financing, as stated on Thursday by Stanislav Shevkunov, a department manager at Novatek.

read more... 11/03/2016

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Chevron launches a milestone LNG project in Australia

The Australian subsidiary of Chevron has launched its $54 billion Gorgon liquefied natural gas project in Australia, following construction delays, union woes, and multi-billion-dollar budget blow-outs.

read more... 10/03/2016

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Croatia might choose to construct a floating LNG terminal

Croatia could initially opt for the construction of a floating instead of land-based liquefied natural gas (LNG) terminal in the northern Adriatic to make it operational more rapidly, as stated by the government on Wednesday.

read more... 03/03/2016

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