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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).

Sunday, 29 January 2012

KMP upgrades coal handling

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).

Thursday, 19 January 2012

Vitol buys into Grindrod's TCM

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.

Monday, 09 January 2012

Kinder Morgan ups BOSTCO stake

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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