Russian Energy Minister Alexander Novak says his country is in talks with Iran for increasing energy cooperation with a view to raising trade exchanges. “Last year, the 10th session of the intergovernmental commission was held in Moscow. The parties discussed different variants to increase trade tur
Noble Energy said it has signed a gas sales agreement between NBL Eastern Mediterranean Marketing Ltd., the Arab Potash Company and the Jordan Bromine Company, both of which are located in Amman, Jordan. Under terms of the agreement, Noble Energy will supply natural gas from the Tamar field, offshor
Dana Gas said that it has signed an agreement for the North El Arish (Block 6) Concession Area, offshore the eastern Nile Delta. The 2,980 sq. km block was awarded in April 2013 as part of a competitive bidding process. This is the company’s first offshore block in Egypt, covering water depths from
Turkey has started talks with Iran with a view to striking a deal for the construction of a gas pipeline that would carry natural gas from Iran to Europe via Turkey. Turkey’s planned Iran-Turkey-Europe (ITE) natural gas pipeline project would be 5,000 kilometers long, Iran’s SHANA news agency report
Qatari shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) has delivered to Milaha the 32m-long tug Semesma, the eleventh vessel built in the State of Qatar by NDSQ to be utilized by Milaha at the Port of Mesaieed. Semesma is part of a 19-vessel order for Milaha that NDSQ is completing at its facilitie
Iran is planning to facilitate conditions for foreign investment in its energy sector in a bid to attract foreign companies, deputy oil minister for international affairs and commerce Ali Majedi announced. He said that the Ministry is trying to facilitate conditions to encourage foreign firms to par
Magnolia LNG Inks MoU with SKEC Group Liquefied Natural Gas Limited announced that Magnolia LNG, its 100% owned subsidiary, has executed a Memorandum of Understanding (MOU) with SK Engineering and Construction and its subsidiary SK E&C USA, (SKEC Group). GE: Small-Scale LNG Plant (VIDEO) GE’s Small-
Woodside and the Leviathan Joint Venture participants, Noble Energy Mediterranean, Delek Drilling, Avner Oil Exploration and Ratio Oil Exploration, have agreed to convert a previous in- principle agreement for the potential acquisition of an interest in the Leviathan field into a non-binding Memoran
United Arab Shipping Company (UASC) said that options for six additional 14,000 TEU vessels have been exercised bringing the total order to 16 ships. The order has been placed with Hyundai Heavy Industries (HHI) in Korea and is the largest in UASC’s history, worth over US$ 2 billion including all op
Qatar, the world’s largest LNG producer, shipped an LNG cargo from the Ras Laffan Port to Taiwan on Friday, shipping data reveals. The cargo is being carried by the 145,700 cubic-meter Umm Bab, and it is due to arrive at the Yung-An LNG terminal on February 14. The Yung-An terminal, operated by CPC,
Kogas of South Korea, the world’s largest corporate buyer of LNG, has reportedly agreed to pay a higher price of $14 per million Btu for the LNG it purchases from Yemen. “The new price was made effective retroactively to January 1, 2014 and negotiations are still underway with Total and GDF Suez,” A
Qatargas said on Tuesday that Qatargas 3 has entered into a new long term LNG Sale and Purchase Agreement (SPA) with Tohoku Electric of Japan. Under the terms of the SPA, Qatargas 3 will deliver LNG to Tohoku Electric for a period of 15 years starting from 2016, building up to a plateau volume of [&
A Pakistani delegation is in Tehran to discuss with Iranian officials a new timeframe for the completion of the Iran-Pakistan gas pipeline projected to carry natural gas from Iran to Pakistan. The team comprised of officials from Pakistan’s Ministry of Petroleum and Natural Resources as well as Inte
South Korea, the world’s second biggest buyer of LNG, is due to get a liquefied natural gas cargo from Qatar, according to shipping data. The 135,000 cbm Hyundai Technopia departed from Ras Laffan in Qatar on Friday and it is expected to arrive at the Tongyeong LNG terminal on February 16. Tongyeong
