Iran has exported 7.6 billion cubic meters of its natural gas since the beginning of the current Iranian calendar year (which started on March 21, 2011), managing director of the National Iranian Gas Company (NIGC), Javad Owji announced. He went on to say that, the exports show 10.5 percent growth c
Contracts relating to gas transfer to Europe will be finalized up to the end of current Iranian calendar year, 20th March 2012, managing director of the National Iranian Gas Company, Javad Owji announced. Regarding permissions from Turkey, Iraq, Syria and Lebanon on transporting Iran’s gas to Europe
The Iran-Pakistan gas pipeline is in the national interest of Pakistan and the government has decided to fast track on it, Pakistan’s Foreign Minister, Hina Rabbani Khar announced. She reiterated the government’s commitment to go ahead on the IP gas pipeline project and said that the project is like
Spot rates for liquefied natural gas tankers rose to $150,000 per day this month, Reuters reported, citing Drewry Shipping analyst. “The LNG freight market is currently quite strong due to increasing LNG demand in both Europe and Asia and less availability of prompt available tonnage,” LNG shipping
The U.S. Sabine Pass liquefied natural gas terminal re-exported a LNG cargo Sunday, according to shipping data. The cargo is being hauled by Seri Balquis, a 157,610 cubic-meter tanker, and is heading to Asia. According to shipping data, the cargo is due to arrive at Port Said in Egypt on Jan. 23. Th
The government of Pakistan has decided to import 500,000 Mcf/day of LNG from Qatar, Minister for Petroleum and Natural Resources Dr. Asim Hussain, said yesterday. A four-member Petroleum Ministry delegation will visit Qatar to finalize plans, he added. Pakistan now faces a gas shortfall of about 1 B
The Cabinet of Pakistan has directed the Ministry of Petroleum and Natural Resources to undertake the Iran-Pakistan (IP) gas pipeline project on fast track basis, and reduce unaccounted for gas (UFG) losses from 12 percent to 6 percent. The Cabinet was informed on January 3, 2012 that the current ga
To further strengthen support for clients in the United Arab Emirates, and other Middle Eastern countries, Black & Veatch has moved its operations to a new Dubai location. The new operation is part of the company’s growth plan for the region, which also includes an office in Riyadh, Saudi Arabia. Bl
Yemen LNG completed the year 2011 with the delivery of 106 LNG cargoes. This represents 100% of the annual delivery program that was committed to the gas buyers. First LNG export on 7th November 2009 was followed by first export form second LNG train on 1st April 2010; 2011 was therefore the first y
Discovery of Sardare Jangal gas field in Caspian Sea and setting up it logistics site in Roudsar city in Gilan Province north of Iran will lead to industrial development of Iran’s Northern provinces, Iranian minister of petroleum, Rostam Qasemi announced. He went on to say that, the other point rega
The Tamar partners signed a gas supply contract with Dalia Power Energies to sell up to 1.38 bcm of natural gas annually over 17 years. Dalia Power Energies will begin receiving gas in the second half of 2014. The deal is worth about $5 billion. The Tamar gas field is located in the Mediterranean Se
Qatargas has recently received a certificate of appreciation for effectively contributing to the Sustainable Development Industry (SDI) Initiative launched by Qatar Petroleum requiring energy industry operators to publish Annual Industry Sustainability Report commencing with the first report for the
RasGas Company Limited has announced the successful delivery of the first Liquefied Natural Gas (LNG) cargo under the new long term LNG Sale and Purchase Agreement (SPA) with CPC Corporation, Taiwan. The agreement was recently signed and executed on the 6th of December 2011 in Qatar during the World
Jordanian Minister of Energy and Mineral Resources Qutaiba Abu Qura is in Doha visiting with his Qatari counterpart to explore the feasibility of importing liquefied natural gas to Jordan. Jordan is looking for alternatives to Egyptian gas, due to repeated attacks on the gas pipeline connecting the