LNG: Germany to Benefit from Dutch LNG Terminal

Tuesday, July 26, 2011

As Germany seeks to replace its shuttered nuclear reactors, it appears that the country will likely to become the biggest customer for the Netherlands' first liquefied natural gas (LNG) terminal within two to three years, according to a report on Reuters. The 800 million euro Gas Access to Europe (Gate) terminal in the port of Rotterdam, built by Gasunie and Koninklijke Vopak and due to open in September, was initially seen as a small contributor to help provide a stable gas supply in north-west Europe.
It received an unexpected shot in the arm when Germany decided, following Japan's Fukushima crisis, to immediately close 40 percent of its nuclear capacity and entirely phase out atomic energy by 2022.
The capacity will need to be replaced by 10 gigawatts of new power stations. (Source: Reuters)

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

POSH may raise $311 Mln in Singapore IPO

PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier,

BOEM gives more time to submit plans OCS

The Bureau of Ocean Energy Management (BOEM) announced today the publication of its Final Rule to extend time requirements for submitting a Site Assessment Plan

Putin set on defusing Ukraine crisis

Foreign ministers from East and West will try to defuse the Ukraine crisis on Thursday in Geneva, once frequently the scene of Cold War negotiations, but will risk

LNG

Petrobras, Mitsui Study South Brazil LNG Import Terminal

Brazil's state-run oil company Petroleo Brasileiro SA and Japanese trading house Mitsui Corp will study building a liquefied natural gas (LNG) terminal in the country's southernmost state,

Ukraine launches restricted operation

Ukrainian forces launched a "special operation" on Tuesday against separatist militia in the Russian-speaking East, authorities said, although aside from a landing

OSC Plans Fleet Expansion through 2018

State-owned Oman Shipping Company SAOC (OSC) is projecting to expand its current fleet of 43 ships to 50 by 2018, the Oman Daily Observer reported. According to the report,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0981 sec (10 req/sec)