Libyan offshore progresses as NOC mulls payment in kind
Libya's NOC expects to substitute cash investments in the Bahr Essalam project with hydrocarbon payments to partner Eni to keep the project on track.
21 October 2015Third GECF summit set for November
The Gas Exporting Countries Forum (GECF) will hold its third summit meeting in Tehran on 23 November.
19 October 2015Turkey incentivising storage construction
Turkey will offer up to $10 billion to incentivise the construction of gas storage facilities near the provinces of Mersin and Hatay.
16 October 2015Kuwait may import gas from Iran
Kuwait may import gas from Iran, according to Kuwait Oil Co.’s Chief Executive Nizar al-Adsani.
15 October 2015Nepco signs two-year LNG supply deal with Shell
Jordan’s National Electric Power Co. has agreed a two-year LNG supply contract with Shell, with deliveries slated to start in early 2016.
15 October 2015Israel fusses over domestic players but forgets IOCs
Israel is easing its requirements on gas explorers, but while this may help smaller domestic companies to work together, the country is still struggling to attract IOCs.
14 October 2015Kuwait agrees LNG terminal construction contracts
Kuwait National Petroleum Co. has agreed $13.2 billion in contracts with international companies to build a refinery and LNG terminal.
14 October 2015Iran’s parliament approves nuclear deal
Iran’s parliament has approved a deal with the P5+1 countries on its nuclear programme, which means sanctions on the country can be lifted.
14 October 2015EGAS selects LNG suppliers
Egyptian Natural Gas Holding Co. has selected seven companies to deliver 55 LNG cargoes to Egypt, according to media reports.
13 October 2015Oman to reduce fuel subsidies
Oman will gradually reduce its fuel subsidies from next year, according to a report in Gulf News.
9 October 2015
Analysts positive on Eni’s Zohr development
Eni is attempting to fast-track development of its huge Mediterranean Zohr field discovery, and experts say the company has enough muscle to make it happen.
9 October 2015
Energy barters – best for Iran?
Offering gas in return for electricity could be the ideal way for Iran to secure a reliable supply of power from its neighbours.
9 October 2015Turkey does not need Russian gas – Erdogan
Turkey does not need Russia to supply gas or build its nuclear power facility, according to Turkish President Tayyip Erdogan.
8 October 2015UAE’s Shah project reaches full capacity
The United Arab Emirates’ Shah gas project has reached its full production capacity.
7 October 2015Armenia and Iran strengthen gas ties
Armenia and Iran are negotiating the expansion of their gas and power trading relationship.
7 October 2015Egypt awards four offshore licences
Egypt has awarded four offshore oil and gas exploration licences off the Mediterranean coast.
7 October 2015National Iranian Gas Co. affiliates produce 1.34 mt of LPG
Gas refining companies affiliated with the National Iranian Gas Co. produced more than 1.34 mt of LPG in the six months to 22 September.
6 October 2015Broader gas development recommended for Iran
A member of the Iranian parliament’s development commission has said the country should focus on developing border gas fields, according to local media reports.
6 October 2015Abu Dhabi’s nuclear bet risks power squeeze
Although Abu Dhabi’s first nuclear power plant is proceeding according to schedule, any delay could leave the emirate facing a supply shortage.
6 October 2015
Iran targeting European market with LNG, not piped gas
Iranian officials are busy planning a gas export strategy, although LNG is the favoured option the country’s deputy oil minister told Interfax
5 October 2015About 1,537 articles for Middle East & East Mediterranean