Thursday 31 July 2014
 
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LNG

Qatar raises 2014 economic growth forecast to 6.3pc

Qatar's economy is likely to grow 6.3 per cent this year, much faster than previously expected and well ahead of other oil exporting Gulf states, helped by robust domestic demand, a report showed on Tuesday. Gross domestic pro

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LNG prices to hit new high on global demand

The robust global demand being spearheaded by Asian major China is likely to keep liquefied natural gas (LNG) prices high over the next few years, according to a report. Demand is growing both as a result of strong Asian economic

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BP to sign $20bn LNG supply deal with CNOOC

Oil major BP will sign a deal worth around $20 billion later on Tuesday to supply China National Offshore Oil Corporation (CNOOC) with liquefied natural gas (LNG), BP Chief Executive Bob Dudley said at a conference in Moscow. Dudl

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Technip wins LNG plant contract in China

Technip, a leader in the energy management industry, has won an engineering, procurement and technical assistance contract from Fengzhen Wanjie Gas Co for a liquefied natural gas (LNG) plant in Fengzhen City, Inner Mongolia Province, China.&nb

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Technip wins major Yamal LNG deal

Technip has confirmed that with its partners it has been awarded the engineering, procurment and consturction contract for the Yamal LNG project in Russia. The liquefied natural gas facility will have a capacity of 16.5 million to

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Kuwait signs $3 billion deal to buy gas from BP

Kuwait signed a five-year liquefied natural gas (LNG) supply deal with BP on Tuesday, worth an estimated $3 billion, as it seeks to meet rising energy demand to power air conditioning during scorching Gulf summers. Kuwait, a major

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Kuwait signs $12bn LNG deal with Shell

Kuwait's state oil group said it signed a six-year liquefied natural gas (LNG) supply deal with Royal Dutch Shell on Sunday, worth an estimated $12 billion, as the major oil exporter seeks to meet energy demands for the hot summer months.

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Egypt plans to raise $2.5bn for gas imports

Egypt wants to raise $2.5 billion to cover natural gas imports until the end of December, an energy official said on Wednesday, providing no details on how the government might raise the funding. Khaled Abdel Badie, head of state-

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Kuwait signs LNG import deal with Qatargas

Kuwait has signed a contract to import liquefied natural gas (LNG) from Qatar to help meet its energy needs to the end of 2014, state news agency Kuna reported on Sunday. The first shipment of LNG will arrive in Kuwait on Monday u

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Shell, BP sign Kuwait LNG supply deals

Royal Dutch Shell and BP have signed deals to supply Kuwait with liquefied natural gas (LNG) over the next few years, a Kuwait Petroleum Corporation (KPC) official was quoted as saying on Sunday. Kuwait began importing LNG in 2009

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