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Energy Ports

PetroVietnam Gas has awarded Tokyo Gas a front-end engineering and design (FEED) contract for Vietnam's first LNG terminal.

Petronet LNG has announced plans to build a greenfield LNG terminal at Gangavaram in the Indian state of Andhra Pradesh at a cost of around INR 45bn ($914.5m).

29/1/12: Kinder Morgan Energy Partners (KMP) is to invest approximately $140m expanding its coal handling facilities along the US Gulf Coast.

China’s Sinopec is reportedly close to achieving full state approval for a $2.8bn LNG import facility on an artificial island near Beihai having received the thumbs-up from the country’s National Development and Reform Commission (NDRC).

19/1/12: The Rotterdam-headquartered Vitol Group has entered into an agreement with Johannesburg-listed Grindrod to acquire a 35% interest in the latter company's Maputo coal terminal concession, the Terminal de Carvao da Matola (TCM), in Mozambique for $67.7m.

14/1/12: Odfjell subsidiary Odfjell Terminals Asia has signed an agreement to establish a joint venture with Nangang Port Company (NPC) to develop a bulk liquid chemicals, petroleum products and gases terminal within the Nangang Industrial Zone (NIZ) in Tianjin, China.

Kinder Morgan Energy Partners has acquired TransMontaigne Partners’ 50% interest in the Battleground Oil Specialty Terminal Company (BOSTCO) project, a $430m oil terminal currently under development on the Houston Ship Channel in Texas.

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