ENGIE has just inked its first retail LNG sales agreement in the UK with FLOGAS Britain, one of the biggest alternative energy solutions suppliers to industrial clients in the UK. Over a period of 18 months, ENGIE will supply 8,000 tonnes of LNG to FLOGAS Britain from Isle of Grain terminal (South-East coast of the UK). Altogether, 400 Flogas Britain trailers will be loaded to supply industrial firms that are not linked to the natural gas grid. Operations will launch in the next few weeks.
read more... 16/09/2015
Azerbaijan's state energy firm SOCAR hopes to restart negotiations over purchasing a stake in Greek gas grid operator DESFA in December, as stated by SOCAR's president on Monday.
read more... 15/09/2015
Russia's top natural gas producer Gazprom said it envisages selling up to 10 percent of its gas to Europe via tenders, becoming more flexible regarding its traditional pricing mechanisms.
read more... 15/09/2015
Chinese banks are likely to give a loan of $12 billion to the Yamal LNG project run by Novatek, as stated by Interfax news agency on Friday quoting Leonid Mikhelson, chief executive of Novatek, Russia's major non-state gas producer.
read more... 14/09/2015
Russia's main natural gas producer Gazprom declared on Thursday it had vended more than 1 billion cubic metres (bcm) of gas of 3.2 bcm on offer in its first spot tender, designed as a test of its ability to adjust to new challenges in the gas market.
read more... 11/09/2015