New South Pars phases almost complete
Iran expects to complete the construction of phases 15 and 16 of the South Pars gas development by the end of this week.
21 December 2015
Israeli gas deal heralds new dawn for upstream players
Israel has finally signed its gas framework into law after a year of delays, to the relief of upstream developers Delek Group and Noble Energy.
18 December 2015
From megawatts to ‘nega-watts’ in Iran
Iran needs to improve its lacklustre energy efficiency to free up more gas for exports once sanctions are lifted.
18 December 2015Israel's gas framework signed into law
Israeli Prime Minister Benjamin Netanyahu has signed Israel’s long-delayed gas framework, opening the way for development to begin on major projects such as Leviathan.
17 December 2015Qatar’s Barzan project to start up next year
Qatar plans to start operations at its Barzan gas project in 2016 and ramp up to capacity in 2017, local news has reported.
17 December 2015
Egypt begins Ain Sokhna LNG expansion
Egypt is building an energy hub on the Red Sea to satisfy the country’s huge demand for gas and solve its supply security problems.
17 December 2015Bahrain signs LNG deal ahead of supply talks
A series of diplomatic spats with its neighbours has pushed Bahrain towards importing LNG to secure its energy needs.
16 December 2015Iran to build Persian Gulf FLNG
Iran has reached a final agreement with a French company to build a 1 mtpa FLNG facility in the Persian Gulf, Roknodin Javadi has claimed.
14 December 2015Leviathan partners make contingency plan
The partners in the development of Israel’s Leviathan gas field are creating contingency plans in case plans to export gas to Egypt fall through.
14 December 2015Egypt to reduce reliance on gas-to-power
Egyptian Petroleum Minister Tarek el-Molla has said the country is planning to reduce its use of gas in the power sector
11 December 2015Iran’s neighbours prepare for end of sanctions
The GCC states are getting ready for the opportunities and challenges that will arise once the sanctions against Iran are lifted.
10 December 2015
Israel could use ICC arbitration ruling as leverage
Egypt could be forced to import Israeli gas if Israel makes use of an international court order for Cairo to pay its neighbour nearly $2 billion.
9 December 2015Kuwait to launch gas power and desal plant in Q4 2016
Kuwait will launch its first gas-fired combined-cycle power and water desalination plant in Q4 2016.
8 December 2015Iran agrees contract to develop Farzad B offshore gas field
Iran has agreed a $3 billion contract with a group of Indian companies to develop the Farzad B offshore gas field.
7 December 2015EGAS to launch exploration tender in 2016
Egyptian Natural Gas Holding Co. will launch its next oil and gas exploration tender by the end of 2016.
7 December 2015Bahrain to award Banagas expansion contracts
Bahrain plans to award contracts for the $600 million expansion of operations at the Bahrain National Gas Co.
7 December 2015Egypt to appeal against IEC compensation
Egypt plans to appeal against an order to pay $1.76 billion in compensation to state-owned Israel Electric Corp. (IEC) for stopping gas supplies in 2012.
7 December 2015OPEC fails to agree quota reduction
OPEC members failed to agree production quotas to reduce the global oversupply of of crude oil, which has lowered prices by more than 60% since June 2014.
7 December 2015Kurdistan pivots towards gas development
Iraqi Kurdistan is taking a more flexible approach in a bid to bring its gas projects to fruition.
4 December 2015Bahrain's Nogaholding awards FSRU contract
Bahrain’s Oil and Gas Authority has awarded the contract to build an FSRU in the Hidd industrial area to a consortium of Teekay LNG Partners, South Korea’s Samsung, and Gulf Investment Corp.
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