The LNG carriers Milaha Ras Laffan and Milaha Qatar recently carried out their first loading operations under their new names and new managers. The Milaha Ras Laffan loaded at Ras Laffan on July 8th, 2012, while the Milaha Qatar loaded at the same port on July 11th, 2012. At ceremonies held for each
Qatar Petroleum (QP), representing the Government of the State of Qatar, signed an agreement authorizing PetroChina Investment to acquire from GDF SUEZ Exploration Qatar B.V. 40% of the exploration and production rights under its Qatar’s Block 4 Exploration and Production Sharing Agreement (EPSA). G
Turkmenistan has expressed readiness to increase export of electricity and natural gas to Iran. The Turkmen government has stressed there are good prospects for increasing export of electricity and energy to Iran. This was said during a recent meeting of the intergovernmental Turkmen-Iranian commiss
Nakilat, Qatar’s premier LNG shipping company, said that the company’s first half year – 2012 (H1- 2012) profit from operations was QR 385.4 million compared with QR 379.5 million for first half year in 2011. H1-2012 net profit after loss on derivative instruments from a joint venture was QR 380.8 m
Operations to build a gas pipeline from Iran to Iraq will be completed in 2014, Iranian minister of petroleum, Rostam Qasemi announced. He said that in addition to the agreement signed for the export of gas to Pakistan and Iraq, the permission for transporting gas to Europe via Turkey had been issue
Global Information Inc. published the new market research report: The Liquefied Natural Gas (LNG) Market 2012-2022. New research puts the value of global investment in infrastructure for LNG on track to reach $35.8 billion in 2012, including all capital investment in the infrastructure required for
From 2012-2016 the LNG industry is forecast to grow by nearly 40%. A boom in demand in Asia is driving export markets in Australasia and by 2016 North America may become a significant export player, driven by growth in its shale gas production, offering substantial feedstock for the LNG industry. Th
The Board of Directors of the Association of International Petroleum Negotiators (AIPN) has published the 2012 version of its unified Model LNG Master Sale and Purchase Agreement (MSPA). “The 2012 version broadens the 2009 MSPA to address a variety of liquefied natural gas (LNG) trading arrangements
Turkey and Pakistan have asked for more gas imports from Iran, managing director of the National Iranian Gas Company (NIGC), Javad Owji announced. Addressing a conference on development of efficient and renewable energy technologies, he said that Turkey which currently imports 30 million cubic meter
Reportlinker.com announced that a new market research report is available in its catalogue. Description The comprehensive LNG report provides complete data and analysis of global LNG industry. Countries, companies and terminals information is provided in detail. All regasification and liquefaction m
Lebanon’s energy market future looks bright because of the plans to use Liquefied Natural Gas as an alternative fuel source to gas oil, a ministry expert told The Daily Star Tuesday. Zaher Sleiman, adviser to Energy Minister Gebran Bassil said: “Once the necessary infrastructure and required import
Yemen LNG participated in the first Yemeni Green Economy Conference organized by the University of Hodeida between 16th and 18th June 2012. The conference, which was attended by the Minister of Water and Environment, Governor of Hodeida, Rector of Hodeida University, and Director of Environment Prot
Iran has resumed the flow of natural gas to Turkey at 18:30 p.m. local time on Monday after an explosion last week damaged part of the pipeline connecting the two countries and cut off supply, Spokesman for the National Iranian Gas Company (NIGC), Majid Boujarzadeh announced. According to the report
ATP Oil & Gas Corporation and its wholly-owned subsidiary ATP East Med B.V. today announced success at the Shimshon well in the Levant Basin of offshore Israel. The Shimshon well encountered more than 62 feet (19 meters) of natural gas pay in the Bet Guvrin sands. The Shimshon well is in a water dep
