Emirates LNG, Mubadala’s joint venture with International Petroleum Investment Company (IPIC), said that the Abu Dhabi Executive Council has approved its proposed 9 mtpa LNG import terminal to be located at Fujairah. “Emirates LNG will seize this opportunity to establish itself as a key player in th
The National Oil & Gas Authority (NOGA) and The Oil and Gas Holding Company have jointly arranged a short presentation aiming to provide an update on the Liquefied Natural Gas (LNG) project in particular with respect to the siting of the facilities and the way forward to pursue this strategic projec
Qatari Minister of Industry and Energy Mohammed Saleh Abdulla Al Sada has stressed the need for the adoption of appropriate approaches for the development of gas fields. “Establishment of Gas Exporting Countries Forum (GECF) has been an effective step for further development of this industry,” the Q
Wärtsilä, the marine industry’s leading solutions and services provider, will be showcasing its innovative and high-technology products and systems for customers in the oil and gas industry at ADIPEC 2013. Wärtsilä brings valuable and unique experience across the whole oil and gas value chain. By co
Centrica, the parent company of British Gas, said it has entered into a 4 ½ year LNG supply agreement with Qatargas for the purchase of up to 3 million tonnes per annum of liquefied natural gas (LNG). The £4.4billion deal builds on Centrica’s existing agreement with Qatargas, signed in February 2011
Iran is ready to enter into talks with foreign investors under new gas contractual frameworks, managing director of the National Iranian Gas Company (NIGC) Hamidreza Araqi said. He stated that huge reserves of natural gas in Iran are reliable sources for securing investments in the country, Iran’s S
Iran is ready to start delivering natural gas to Pakistan in December 2014 as agreed upon between the two countries, managing director of Iran’s Gas Engineering and Development Company (IGEDC) Ali-Reza Gharibi said. He said that Iran has invested heavily in the construction of the gas exports pipeli
Aqaba Development Corporation (ADC) has awarded BAM International, the operating company of Royal BAM Group active outside of Europe, a design and construct contract to build the Aqaba LNG Terminal, 18 kilometres south of Aqaba. The contract value is approximately €47 million. The contract includes
Qatari LNG shipping company Nakilat said it has appointed Abdullah Fadhalah Al Sulaiti to the position of the company’s Managing Director. Nakilat has also appointed Muhammad Ghannam to the position of Expert within the Office of Nakilat’s Managing Director. Abdullah Fadhalah Al Sulaiti joined Nakil
Qatar, the world’s largest LNG producer, shipped an LNG cargo from the Ras Laffan Port to Taiwan on Saturday, shipping data reveals. The cargo is being carried by the 145,000 cubic-meter Lusail, and it is due to arrive at the Taichung LNG terminal on November 27. CPC of Taiwan officially inaugurated
The 15th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was convened in Tehran, the Islamic Republic of Iran, under the chairmanship of the Minister of Petroleum, Bijan Namdar Zanganeh, President of the Ministerial Meeting, and Mohammed Bin Saleh Al-Sada, Minister of Energy and Indu
Dana Gas, the Middle East’s largest regional private sector natural gas company, announced its financial results for the third quarter and nine month ended 30 September 2013 with a net profit of AED 102 million (US$28m) and AED 443 million (US$121m) respectively. Gross revenue for the third quarter
Total announced the Mirawa Discovery in the Kurdistan Region of Iraq. Located 60 kilometers from the city of Erbil, the Mirawa-1 discovery well on the Harir Block was drilled to a depth of 4,260 meters and encountered significant oil and natural gas columns, with gross intervals of 300 meters of oil
Phase 12, of the massive South Pars gas field, is expected to start sour gas production next month. Development of Phase 12 is 92.6 percent completed and its sour gas will be delivered to the refinery for processing. Before the start of the cold season in Iran, this phase will start producing 500 mc
