Friday, May 24, 2013
Displaying 31 - 40 of 70 articles
Iran will likely extract as much natural gas from the South Pars gas field as Qatar by March 2014 if necessary budget of $53 billion is provided, Iran’s oil minister Rostam Qasemi said. The government has been striving to boost gas output from South Pars field and has especially asked work to...
Egypt’s Minister of Petroleum and Mineral Resources, Osama Kamal, has said that the North African nation is looking forward to investment opportunities in the field of importing liquefied natural gas (LNG) from Qatar. Official sources familiar with the situation told state owned Al-Ahram newspaper...
Qatargas has raised its LNG supplies to Japan to 20 mn tonnes in the short term to help meet the Asian nation’s energy demands. In addition to the 9 mn tonnes of short-term supplies to Japan announced last autumn, Qatargas exports have increased by another 11 mn tonnes, Gulf Times has reported.
Qatargas sees more opportunities for Qatari LNG in the Middle East, South East Asia, South America, the Caribbean Islands and Northern Europe. “These are emerging LNG markets that Qatargas is seriously monitoring and that we believe will help shape the future of the global industry landscape,”...
US energy giant ConocoPhillips is mediating between Pakistan and Qatar to enable them to strike a multi-billion-dollar liquefied natural gas (LNG) deal. The move is aimed at driving Islamabad away from the Iran-Pakistan (IP) gas pipeline project due to tensions between the West and Tehran, The Express...
Qatar Petroleum has signed an agreement with PetroChina which will allow the Chinese oil and gas giant to acquire from GDF Suez 40% of the exploration and production rights in Qatar’s Block 4. GDF, with 60% stake, will remain as the operator of the block. Block 4 is an offshore block located...
Standard Chartered has said in a report that Qatar will continue to meet Japan’s growing liquefied natural gas demand because of its significant fleet of LNG tankers. Referring to the recent contract signed between Qatargas and Tepco, the bank said it highlights Japan’s need for LNG as an...
Pearl GTL is looking to ramp up production to full capacity shortly, managing director Wael Sawan was quoted in the media as saying. Once fully operational, Pearl GTL will produce 1.6 bn cubic feet of gas per day from the North Field, which will be processed to deliver 120,000 barrels per day of natural...
BP has raised the size of Turkmenistan’s known natural gas reserves to 24.3 trillion cm as of the end of 2011, almost double the previous year’s appraisal of 13.4 trillion cm. The energy firm in its Statistical Review of World Energy report said that worldwide proven natural gas reserves...
The first phase of $10.4 billion Barzan gas development project being implemented as a joint venture between Qatar Petroleum and ExxonMobil Qatar will be operational by the end of 2013, an official related to the project told Zawya. The second phase will likely be complete by 2015. The Barzan...