Gas

LNG demand spurs across the globe

birol iraqThe global trade in liquefied natural gas (LNG) is spurring a second natural gas revolution, underpinning the shift towards a more flexible, resilient and interconnected global gas market, according to the International Energy Agency (IEA)

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‘Managing gas portfolios on commercial basis is vital’

Raed 2019 04 29Strategy&, part of the PwC network, stated in a new report that GCC governments could generate US$10bn per year in additional GDP and foreign earnings or support the creation of 100,000 jobs by applying commercial principles to the management of their gas portfolios

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Iraq gas projects set to overtake oil in 2019: Rystad Energy

smoke 3108065 640Rystad Energy, an independent energy research and consultancy, predicts that gas developments in Iraq will overtake oil projects in 2019, measured in development-sanctioned resources

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Total strengthens presence in Oman’s natural gas sector

total lng vesselTotal and the Ministry of Oil and Gas of the Sultanate of Oman (MOG) have signed heads of agreement (HoA) for an exploration license on Block 12 with significant prospective gas resources

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Petrofac wins US$1bn EPC project in Algeria

onshore operations 750wPetrofac, a UK energy service company, has been awarded a contract worth US$1bn for engineering, procurement and construction services related to the Ain Tsila development project in Algeria

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