The gas pipeline feeding Yemen’s only LNG export terminal was blown up again early on Sunday, Yemen LNG said in a statement. “The sabotage occurred at 00.35 hrs on 16th December, 2012 at 173 km north of Balhaf,” the company said. The 320km pipeline has been attacked several times this year by suspec
Iranian experts succeeded in designing and manufacturing smart pigs for the first time in the country, Research and Technology director at NIGC, Saeed Pakseresht said. He went on to say that the device was manufactured in cooperation with Tehran University in a three year period. The first Iran-made
Ras Laffan Industrial City (RLC), one of the key operating areas of Qatar Petroleum’s Industrial Cities Directorate, has been honored with the Port Authority Award and the Energy: Oil & Gas Award at the recent Annual Seatrade Middle East & Indian Subcontinent Awards 2012. The Seatrade awards recogni
Smit Lamnalco has been recognised for its outstanding services to the oil and gas terminal industries at the annual Seatrade Middle East & Indian Subcontinent Awards in Dubai, U.A.E. The company, which operates over 50 terminal contracts, operates and crews over 190 vessels in 31 countries and emplo
President His Highness Sheikh Khalifa Bin Zayed Al Nahyan on Wednesday expressed his pride at the completion of projects that are of benefit to the citizens of the homeland and that strengthen the national economy. He made his remarks when inaugurating Khalifa Port, north-east of Abu Dhabi City. Pre
Abu Dhabi Oil Co., Ltd. (Japan), (ADOC), a subsidiary of Cosmo Oil Co., Ltd. and an oil operating company in Abu Dhabi, United Arab Emirates, has announced that the New Concession Agreement with the Supreme Petroleum Council of Abu Dhabi ,(SPC), has come into effect as of 6th December, 2012. ADOC ha
The Parchin pressure booster station has been established at the cost of 1.4 trillion rials, managing director of the National Iranian Gas Company (NIGC), Javad Owji announced. According to the report of the public relations of the NIGC, the launch of this gas facility provides the stability of gas
Gazprom Marketing & Trading Singapore and Tasweeq have signed an agreement, under which, GM&T Singapore will purchase significant volumes of LPG from Tasweeq, Qatar’s International Petroleum Marketing Company Limited. The deal was signed by Arthur Tait, President and Managing Director, GM&T Singapor
Dana Gas PJSC, the Middle East’s first and largest private sector natural gas company, announced the detailed terms, conditions and implementation information for the refinancing transaction in relation to its US$1 billion 7.5% Sukuk-al-Mudarabah due 31 October 2012. Key Transaction Highlights: Lock
With just a week to go before the Grand Inauguration of its flagship Khalifa Port on December 12th, Abu Dhabi Ports Company has announced orders for three more of the largest cranes in the world. ADPC has placed fresh orders with the ZPMC yard in Shanghai, China, for three new STS (ship to shore) cr
Qatar’s liquefied natural gas (LNG) boom has been phenomenal, according to a report from QNB Group. Through the 1990s and 2000s Qatar invested heavily in LNG production, with exports beginning in late 1996. Ten years later, Qatar was the world’s largest exporter and in 2011 it exported 76m tonnes of
More than 400 Iranian companies are taking part in the development of the South Pars gas field through supplying equipment to related projects, the Shana News Agency quoted South Pars Gas Company’s managing director Ali-Akbar Shabanpour as saying. He added that the company has placed the priority on
Take-or-Pay agreement for the supply of natural gas over 15 years or up until the contracted quantity has been utilized (with an option to extend for an additional two years), was signed by the Tamar Partners with Alon Gat Energy Center LP. The agreement is for the supply of up to a total quantity o
Turkey will continue to import natural gas from Iran despite tighter U.S. sanctions, Turkish Prime Minister Tayyip Erdogan said. “We have always told officials that the issue is of strategic importance to us and we couldn’t comply with the sanctions,” Erdogan told a joint news conference with Russia
