Tagged Hungary

Shell to supply Hungary with LNG via Croatian FSRU

By Mirza Duran Anglo-Dutch energy giant Shell has signed a supply deal with Hungary to supply the nation with LNG via the upcoming Croatian Krk import terminal. Works nearing completion on first Croatian FSRU (Image: LNG Croatia) Under the deal, Hungary will buy 250 million cubic metres of gas equivalent per annum for a period…

PowerGlobe in search for LNG carrier to support Croatia deal

By Mirza Duran Qatar’s PowerGlobe is looking to charter an LNG carrier to support its newly booked capacity at Croatia’s first import terminal on the island of Krk. Krk LNG construction works (Image: LNG Croatia) The energy arm of privately-held Optimized Holding said in a statement it plans to charter the LNG vessel for a…

Croatian LNG capacity booked for next three years

By Mirza Duran State-owned LNG Croatia, the developer of the country’s first import terminal, said Monday that all of the capacities at the planned Krk facility have been booked for the next three years. Krk LNG construction works (Image: LNG Croatia) The LNG terminal on the Croatian island of Krk in the northern Adriatic Sea…

Chevron gets $1.6 billion from MOL for Azerbaijan assets

By Nermina Kulovic Oil major Chevron has sold its interest in assets offshore Azerbaijan to Hungary’s MOL for $1.57 billion. The post Chevron gets $1.6 billion from MOL for Azerbaijan assets appeared first on… … Read Full Article Here For more great articles: Offshore Energy Today

PitPoint: EU funds granted for eight LNG stations

By LNG World News The Dutch LNG supplier, PitPoint said the LNG Motion project received €27.8 million (Approx: US$29.2 million) under the European Union’s CEF Transport facility. PitPoint noted that the grant signals the start of a project that includes building eight liquefied natural gas filling stations across Europe. The LNG Motion project, being developed…

Hungarian Tests Justify Fleet Upgrade to CNG

By NGV Global In Hungary, the rationale for replacing older model diesel buses with new model Compressed Natural Gas (CNG) buses has been justified by the outcomes of a study organised by Magyar Gázüzemű Közlekedés Klaszter Egyesület (MGKKE) — Hungary’s natural gas vehicle association, in conjunction with the Scientific Institute of Transport (KTI) and others….

Abc.az: Next Week European Commission Can Approve AGRI as a Project of Common Interest

Article Abstract: Gas project AGRI (Azerbaijan-Georgia-Romania-Hungary-Interconnector) may be approved on 18 November at a meeting of EU participating countries’ representatives. In his Twitter Dominique Ristori, the head of one of the European Commission’s general directorates, says that on 18 November the… from Natural Gas Europe – Latest News Click Here To Read Full Article Visit…

MOL Continues Growing On Strong Downstream Results

Article Abstract: Hungary-headquartered MOL Group continues to grow, reporting results for the third quarter of the year that the company says are the best results the company has ever achieved. "In Q3 2015 MOL Group generated a clean CCS EBITDA of HUF 199bn (or USD 708mn), which is once again the best ever result… from Natural…