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Mubadala Development Company is planning to build a LNG terminal on the eastern coast in order to bypassing the strategically sensitive Strait of Hormuz. The company expects the facility to receive its first supplies in two to three years, Associated Press reported. Although UAE is a major oil...
The UAE will have to depend more on imported gas and set up alternative energy projects to ensure the country’s demand is met as most of its natural gas is associated with oil, Abdulhamid Al Bassam, an economic consultant at the Riyadh-based Gulf Cooperation Council Secretariat wrote in Saudi Gazette.
Royal Dutch Shell, which has CBM assets in China and Australia, in conjunction with Luca Technologies, is planning to device a method to extract natural gas from depleted coal seams. Both companies began the first phase of research and development partnership in December. Coalbed methane is a form...