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Gas shortage fears allayedBahrain has no fears about potential gas shortages despite deadlock in a major gas deal with Iran, said a leading government official. Energy Minister Dr Abdulhussain Mirza confirmed negotiations with Tehran remained frozen due to recent p More… |
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Gas shortages curb Gulf aluminum expansion plansGulf aluminium smelters kept output at full capacity last year due to the region's low energy costs, but further expansion may be capped by tight gas supplies in the region. Last year, global aluminium demand plummeted as economies aro More… |
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Iran minister sees winter gas shortageIran will be short of around 200 million cubic metres per day of gas this winter due to rapid growth in demand, a daily newspaper reported Iran's oil minister as saying on Sunday. Iran has bought its first diesel cargoes for six months More… |
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Gas shortage hammers RAK Cement profitAbu Dhabi-listed Ras Al Khaimah Cement Co. net profit fell 56.5 percent in the second quarter chiefly due to a shortage in gas supplies. First-half net profit was down 39.1 percent to 42 million dirhams ($11.44 million), the company said i More… |
