Dutch GasTerra Appoints Gasunie Exec as CEO

Dutch gas marketer GasTerra has appointed Annie Krist as a permanent successor to Gertjan Lankhorst who left January 1. Krist has been CEO of Gasunie Transport Services (GTS) and so she is exchanging the challenges of running a gas transmission system with lower throughput and revenue, for managing execution of existing long-term contracts and a dwindling supply portfolio as Groningen output falls.


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Shell Takes FID on Kaikias in US Gulf

Shell and Japan's Mitsui Oil have each taken the final investment decision to execute phase one of the Kaikias deep-water project in the US Gulf of Mexico, saying it has a competitive breakeven price below $40/b.


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Golar LNG Rues Ghana Project

Golar LNG February 28 reported 4Q 2016 net loss of $13.7mn, up from $23.9mn loss in 3Q. Pre-tax operating losses (Ebitda) however increased from $11.3mn in 3Q to $15.


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Private Finance Needed for Estonian LNG Terminal

Estonia’s Alexela Group failed to secure EU funding for its planned LNG import terminal in Paldiski in last year's round of EU calls for energy proposals.


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Hoegh Upbeat on Need for FSRUs

Norway-based shipowner Hoegh LNG said February 28 it made a net 4Q 2016 profit of $828,000, reversing a net $33mn loss in the same 2015 quarter. It made a profit in each of the four quarters in 2016.


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