The Idku LNG export plant in Egypt. Pipelines, Storage & Power

Cairo rules out Israeli gas imports until disputes resolved

Egypt will not import gas from Israel until arbitration cases between the two countries are settled, meaning Israeli producers may have to look to the home market.

By James Gavin 24 November 2017
Supply & Demand

EMG launches international arbitration against Egyptian gas suppliers

Ampal-American Israel Corporation announced on Sunday that East Mediterranean Gas, the pipeline operator in which it holds a 12.5% interest, is pursuing legal action against Egyptian state-owned companies Egypt General Petroleum Corporation and the Egyptian Natural Gas Holding Company for failure to deliver gas supplies.

10 October 2011
Companies & Finance

Barzan confirms lending group

The sponsors and advisers behind the Barzan gas deal in Qatar have confirmed the lending group for the $6.6 billion deal. Qatar Petroleum and ExxonMobil will take $4 billion in commercial debt, split across both international and Islamic tranches, with a further $2.6 billion coming in Export Credit Agency (ECA) guaranteed loans.

7 October 2011
LNG

Gazprom eyeing slice of Middle East’s growing LNG import market

Gazprom wants to be a “partner of choice” for Middle Eastern LNG buyers, Rosario Sgarioto, head of LNG origination at Gazprom Global LNG, told delegates at the Middle East Petroleum & Gas conference on Tuesday.

5 October 2011
Exploration & Production

Gas exports from Iraq look ‘politically impossible’

Gas exports from Iraq for now look "politically impossible" for now, Samuel Ciszuk, senior Middle East and North Africa Energy Analyst at IHS Energy, told Interfax.

5 October 2011
Exploration & Production

Iraq to offer more attractive terms to bidders in fourth licensing round

Although the Iraqi oil ministry will not offer production sharing contracts (PSCs) in its next licensing round, it has promised higher remuneration fees under its technical service agreements, former Iraqi oil minister, Issam Chalabi, told Interfax on Wednesday.

5 October 2011
Exploration & Production

Key challenges for Middle East shale gas

Although the Middle East has vast shale and tight gas resources, little has been exploited due to a lack of technical expertise, poor access to water, low gas prices and the availability of conventional fields, delegates at the Unconventional Gas World Middle East conference in Abu Dhabi said on Tuesday.

4 October 2011
Exploration & Production

Nexen mulls Middle East for new unconventional gas opportunities

Canadian independent Nexen, keen to expand its shale gas operations beyond North America, is examining unconventional gas opportunities in the Middle East.

4 October 2011
Exploration & Production

KOC deputy chairman calls for increased collaboration to meet tight gas challenges

Increased collaboration between regional national oil companies, as well as with international oil companies, is needed to meet the growing challenges of developing tight gas formations in the Middle East, Mohammed Husain, deputy chairman and deputy managing director of planning and gas, for Kuwait Oil Company (KOC), said on Monday.

3 October 2011
Companies & Finance

Sea Dragon closes deal for Egypt upstream

Calgary-listed oil and gas developer Sea Dragon Energy has closed a new debt finance package to fund the development of its Egyptian upstream assets.

30 September 2011
Companies & Finance

Barzan debt commitments confirmed

Debt commitments for the $4.7 billion debt package behind the Barzan natural gas project in Qatar will be secured at a signing on 31 October.

30 September 2011
LNG

LNG import club set to expand with Gulf entrants

With gas demand in the Middle East forecast to hit more than 1.6 billion cubic metres per day by 2020, Gulf states such as Dubai and Kuwait will increasingly rely on LNG imports to meet demand.

30 September 2011
Exploration & Production

Algeria aims to realise its shale gas potential

Algeria will start shale gas exploration in the first quarter of next year, the head of state-owned Sonatrach told the APS news agency on Wednesday. Sonatrach’s press office did not respond to requests for confirmation from Interfax.

29 September 2011
Exploration & Production

Iraqi oil ministry sets 15 October date to sign Akkas gas field contract

Iraq's cabinet has approved a contract with South Korea's Korea Gas Corp (Kogas) to develop the Akkas gas field in Iraq’s western Anbar province, an oil ministry source told Reuters on Tuesday.

28 September 2011
Exploration & Production

Multi-billion barrel Shaikan holds gas potential

Gulf Keystone Petroleum expects to find more gas in the Shaikan field in the Kurdish region of northern Iraq, which will help fuel the company’s facilities at the field, and may even lead to it exporting gas.

28 September 2011
LNG

HSBC and Emirates NBD to lend $200 million to Dubai’s Hassyan IPP

Soaring demand for electricity across the Gulf Corporation Council has led to a surge in power project proposals, backed by private investors and international lenders.

27 September 2011
Exploration & Production

Insurance groups to offer Iraq-specific cover for drilling rigs

Global insurance group Marsh and the Arab Anglo Insurance Brokers (AAIB) are looking to capitalise on drilling activity in Iraq by offering specific insurance for operators there.

26 September 2011
Exploration & Production

Exploiting Lebanon’s gas resources still a long way off

The waters of the East Mediterranean are estimated to hold 3.5 trillion cubic metres of gas. Pursuing gas exploration is a top priority for Lebanon, which is highly dependent on gas imports. However,

23 September 2011
Exploration & Production

KRG transparency initiative likely to be a “political move”

Oil and gas companies operating in Kurdistan have welcomed the oil ministry’s announcement on Tuesday to put all signed production sharing contracts (PSCs) into the public domain.

22 September 2011
LNG

LNG shipping’s growth spurt

As LNG shipping enters a new growth phase, Andy Flower wonders whether it will last.

21 September 2011
Exploration & Production

Kurdistan PSC contracts made public

The Kurdistan Regional Government (KRG) is boosting its transparency credentials by making all production sharing contracts (PSCs) signed with foreign oil companies available to the public on its website.

21 September 2011

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