LNG Tanker Sold

Wednesday, June 22, 2005
The LNG tanker Methania (1978-131.235 m³) was sold to Distrigas pursuant to a new cooperation agreement. The capital gain on this sale amounts to $13 million for Exmar.

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Swan Energy to Invest $845 mln for FSRU Terminal

Swan Energy Limited will invest around Rs. 5,600 crore ($845 mln) towards setting up of Jafrabad LNG Port project in Gujarat with one jetty-moored Floating, Storage and Regasification Unit (FSRU).

Alaska Buys TransCanada AK LNG Stake

The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million.

Frontline Reports Strongest 3Q

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