Kurdistan urged to reform gas prices
The Kurdish region of northern Iraq needs to reform domestic gas prices to boost development of its plentiful reserves, Majid H Jafar, chief executive of Crescent Petroleum and a member of the board of...
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The path to East Med LNG
Gerry Peereboom is the director of LNG development for Noble Energy, a United States company with assets in the US, East Mediterranean, West Africa, the North Sea and China. Interfax spoke to him about...
View ArticleSouthern Iraq still an option for Chevron, despite PSCs in Kurdistan
Chevron still has a “good relationship” with the federal government in Baghdad, despite holding two exploration blocks in the semi-autonomous region of Kurdistan, Donald MacDonald, the company’s Iraq...
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Change is in the air for Gulf gas prices
With countries across the Middle East facing a looming gas shortage, it is a question of when, not if, Gulf Cooperation Council governments implement gas pricing reform.
View ArticleDana Gas reaches $1 billion debt restructuring agreement
Abu Dhabi-listed Dana Gas announced on Tuesday it has reached a restructuring agreement for its $1 billion sukuk, which matured on 31 October.
View ArticleThailand’s PTT secures 20-year 2 mpta SPA with Qatargas
Thailand’s PTT has signed a 20-year sales and purchase agreement with Qatargas to import 2 million tons per annum of LNG over the next 20 years.
View ArticleShell explores options to supply LNG to Egypt
Royal Dutch Shell has joined the QInvest-Citadel joint venture to explore options for importing LNG into Egypt. Egypt, where LNG liquefaction plants are running well below capacity, could have an LNG...
View ArticleNoble may bring partner into Cypriot gas development – report
Following a $1.25 billion deal with Woodside Energy to farm-in to Leviathan, United States-based Noble Energy may bring in a partner to help develop its Block 12 gas reserves offshore Cyprus.
View ArticleTurkey inches towards energy market liberalisation with sale of BEDAS – report
Turkey’s largest regional power distribution company, Bo?aziçi Electricity Distribution, has been sold to a consortium of three construction companies – Cengiz-Kolin-Limak Ortak Girisim Grubu – for...
View ArticleEni to invest $8 billion in Libya over next 10 years
Eni has pledged to invest $8 billion more than 10 years in the Libyan oil and gas sector, according to a press release from the company.
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OPEC-style LNG cartel unlikely
Despite the increasing liquidity in the global LNG market, and the first signs of a shift towards hub-based pricing, it is highly unlikely a global LNG cartel will form.
View ArticleIsrael expects first LNG delivery in January
Israel’s floating storage and regasification unit should be ready to receive LNG within the next week or two, a month after it was due to go online, a spokesperson for Israel Natural Gas Lines told...
View ArticleCypriot Ministry starts Block 9 discussion with Kogas, Eni
The Cypriot Energy Ministry has ended negotiations with Novatek, Total and GPB Global Resources for the development of Block 9, offshore Cyprus, and will instead begin talks with a consortium of Kogas...
View ArticleGlobal Licensing Rounds
Natural Gas Daily reviews the status of this year’s global licensing rounds
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Saudi Arabia power plans hinge on shale gas
Saudi Arabia needs to decide whether it is economically viable to start exploiting its huge shale gas potential within the next six months. If it is, it will have a huge impact on how the country’s...
View ArticleEast Med is political crucible, says research centre
East Mediterranean gas is unlikely to yield enough LNG export volumes by 2020 to significantly impact international markets because of geopolitical, regulatory and commercial challenges, a report from...
View ArticleDana Gas boosts reserves with Egypt discoveries
Dana Gas has announced two onshore gas discoveries in Egypt that could increase the group’s commercial reserves by up to 55%.
View ArticlePetroceltic outlines Ain Tsila spend for 2013
London-listed Petroceltic has outlined a capital expenditure budget of $150 million for 2013, including $11 million on the Ain Tsila project in Algeria, the group said in a statement on Monday.
View ArticleTurkey proposes new LNG import terminal with Qatar
Turkish Energy Minister Taner Yildiz plans to discuss the possibility of building a new LNG terminal on the north-western cost of Turkey with Qatar during his visit to Doha this week.
View ArticleAdira to close farm-out of Israeli offshore licences this week
Canada’s Adira Energy plans to close the sale of stakes in its Gabriella, Yitzhak and Samuel licences, offshore Israel, to investment firm Tohar Hashemesh by the end of the week, Adira’s Chief...
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