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You will find in this section the latest public news regarding the liquefied natural gas market, regulation and innovations. Please type any keyword in the search box and /or use the ”area”, “topic” and “date” filters to refine your search. Feel free to submit your news to GIIGNL using the contact form.
September 5, 2013
BG Group completes sale of interest in GNL Quintero
On September 5, 2013, BG Group announced that it had completed the sale of a second and final 20% equity interest in the GNL Quintero (GNLQ) regasification terminal in Chile to Terminal de Valparaiso, a company majority owned by Enagás, for $176 million.
The sale applies only to BG Group’s shareholding in GNLQ and do not impact the Group’s long-term contracts to supply LNG to the Chilean market.
August 21, 2013
GIIGNL spot and short-term trade statistics quoted by ICIS
Following the LNG17 summit in April, ICIS quoted the GIIGNL statistical report for spot and short-term trading figures:
August 16, 2013
Domenico Dispenza elected as President of GIIGNL
In september 2012, the appointment of Domenico Dispenza as the new President of GIIGNL was approved, succeeding Jean Vermeire, who held the position since 2006 but whose mandate had reached its statutory limit.
Domenico Dispenza is currently Non-Executive Chairman of Versalis, the petrochemical company of the ENI Group. He ended his executive career in the ENI Group in 2011 as Chief Operating Officer of the Gas and Power division. From 2007 to 2010 he was also President of Eurogas.
August 16, 2013
Cleaner air with LNG for transport
Natural gas is well suited for use in fleet vehicles in urban environments, increasing energy efficiency while reducing emissions. Opportunities also exist for the use of liquefied natural gas for heavy duty trucks and in shipping. LNG is the alternative shipping fuel, emitting few particulates and reducing emissions by up to :
- 100% SOX
- 90% NOX
- 25% CO2
August 13, 2013
GIIGNL President to speak at World LNG Summit
On November 20, 2013, GIIGNL President Domenico Dispenza will participate in a panel discussion on European LNG during the upcoming CWC World LNG Summit which will be held in Paris from November 18 to November 21, 2013. Chaired by Mr. David Ledesma, the Panel discussion will be entitled "European LNG Spotlight: What is the Role for LNG in Europe?"