The 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)

Strategy&, 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

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

Total 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

Petrofac, 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