Qatargas delivered the first cargo of Liquefied Natural Gas (LNG) to China National Oil Corporation's (CNOOC) Hainan LNG terminal located in the Hainan province, a company statement said on Monday.
The cargo arrived on August
While the figures may not be as spectacular as they once were, the outlook for Qatar’s economy is still one of the brightest in Mena, with few immediate downside risks, says a special report in The Gulf.
Despite some relativ
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
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
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.
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
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
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
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.
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-