In 2011, global LNG trade grew by 49.4 106 m3 (20.7 Mt), a growth of 9.4% compared with 2010, according to GIIGNL’s 2011 LNG industry report. As during the previous year, the main contribution to the increase of LNG flows came from Qatar, as the country was responsible for 67% of additional LNG prod
At the end of a three year development process of dredging and construction, the luxury villas of Nurai island, off Saadiyat island in Abu Dhabi, have been put up for sale. According to constructionweekonline.com, the Nurai island project was launched in Q4 2008 with the dredging work awarded to the
A RasGas team led by RasGas Managing Director (MD), Hamad Rashid Al Mohannadi, held a productive meeting with the KOGAS President, Kangsoo Choo to explore business opportunities and further cooperation between the two companies. The meeting held in Seoul, South Korea, recently, is part of the MDs o
His Excellency Sultan Ahmed Bin Sulayem, Chairman, DP World, has congratulated the newly-elected President of Senegal, His Excellency Macky Sall, and conveyed to him DP World’s commitment to continue contributing to Senegal’s economic growth through DP World Dakar, developed and operated by the glob
Noble Energy and Delek Group have started linking Noa and Pinnacles offshore natural gas fields to the Mari B production platform, according to the Israel’s financial newspaper Globes. Helix ESG’s reeled pipelay vessel, Express, which in April arrived at the port city of Haifa, Israel has started SU
ADPC has awarded a three year framework contract to Arcadis, the international design, consulting, engineering and management services company, and its subsidiary EC Harris. They will provide business planning, master planning, design, engineering, program management and training services. EC Harris
Iran plans to build new oil storage facilities in the Northern port of Neka to increase its oil swap capacity to 1.5 million barrels per day. “The company swaps currently about 20 thousand barrels of oil per day even though the figure varies during the year due to different reasons,” Managing Direct
According to The Express Tribune, Rs3 billion has been pledged by the government for the completion of a link road connecting Gwadar to Upper Sindh and Punjab. Dr Nadeem ul Haq, the Planning Commission of Pakistan’s Deputy Chairman, said the federal government will prepare a “master plan for coastal
Iraq issues tender for construction of breakwater and service pier at Basra’s new Grand Faw Port, reports Port Technology. The breakwater for the giant port, to be known as Grand Faw, is expected to cost around $340 million. Omran Rahdi Thani, general manager of the General Company for Ports of Iraq
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announced its financial results for the first quarter ended 31st March 2012 with a net profit after tax of AED 206 million, more than double that reported in the first quarter of 2011. Financials Gross revenue of A
Eng Hussain Nassir Lootah, Director General of Dubai Municipality, during a press conference held in municipality conference hall, has announced three prestigious projects approved by HH Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and Chairman of Dubai Municipalit
The workshop of “Technical and Management Standards for Commercial and Industrial Ports”, which was inaugurated by H.E. Saudi Minister of Transport, Chairman of Saudi Ports Authority, concluded on Sunday 6 May 2012. The two-day workshop discussed in seven sessions, 14 research papers and attended by
Siemens took the next step towards a massive expansion of its activities in Saudi Arabia, breaking ground on a landmark manufacturing facility for gas turbines and compressors. Planned for completion in late 2013, the center will create job opportunities for young Saudis, serving as a knowledge tran
Ukraine has offered Qatar to take part in the construction of an LNG terminal in the Odessa region, Ukraine Prime Minister Mykola Azarov said. Prime Minister Mykola Azarov stated this during his meeting yesterday with Qatari Premier and Foreign Minister Sheikh Hamad bin Jassem al-Thani. The PM also
