Pipeline is expected to be fully operational again by the end of the week
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$380bn earmarked for oil and gas projects cut back
“That money has now been removed from projects which were to be implemented up till 2020”: Qatar’s Minister of Energy and Industry
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Iran to export 10bcm of gas to Oman per annum
Iranian oil minister Bijan Zanganeh said the Iran-Oman gas pipeline will have the capacity to carry 1bcf of gas per day
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Egypt to offer global tender 11 oil and gas blocks
The North African country will also sign three new contracts for Mediterranean Sea development worth a total of $500mn
Posted inProducts & Services
Dana Gas to axe 40% jobs in 2016; reduce expenses
CEO of Sharjah-based natural gas company says it is working on reducing its overall general and administrative expenditure this year by 50%
Posted inProducts & Services
PDO banking on Khulud field for gas production
Located in the Yibal-Fahud area of central Oman, Khulud – with an estimated reserve of ‘several trillion cubic feet’ – is PDO’s first tight gas development
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Qatar slashes gas import price for India
RasGas has also agreed to waive Petronet’s penalty of $1.81bn for buying lower than the contracted amount
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Progress on Iran, Oman gas pipeline 80% complete
Oman’s Ambassador to Tehran Saud bin Ahmad Al-Bardani has said that the pipeline project will have a significant contribution to the promotion of trade
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Oman raises tax on gas, petrochemical producers
The tax on producers of liquid natural gas would be raised to 55% from 12% to bring it in line with the levy on oil companies, while other firms related to the oil and gas industry would pay 35% instead of 12%
Posted inProducts & Services
Qatargas delivers first LNG cargo to Poland
The vessel with first ever delivery of the LNG cargo arrived at the Polish LNG Receiving Terminal in Swinoujscie