Qatar’s state owned energy giant, QatarEnergy, has engaged in talks with several Asian nations to take an equity stake in Qatar’s massive $30 billion North Field East expansion project. “There is a hot competition to associate with the prestigious North Field expansion project,” al-Kaabi told Gulf Times at a media event at the QatarEnergy headquarters. […]
lng
Posted inNews
Oman’s OQ signs 10-year LNG supply deal with Bangladesh
Oman’s OQ Trading has signed a new long-term LNG deal with Bangladesh state-owned Petrobangla to supply up to 1.5 million tonnes per annum of LNG from 2026. Under the new government-to-government deal, state-owned OQ will supply at least four LNG cargoes to Bangladesh starting in 2026, further increasing supplies to 16 cargoes in both 2027 […]
Posted inNews
QatarEnergy set to sign second LNG megadeal with China
QatarEnergy is set to secure its second large gas supply deal with China in less than a year, Reuters reported, citing sources familiar with the deal. China National Petroleum Corp (CNPC) and QatarEnergy are expected to sign a 27-year agreement later today, under which China will purchase 4 million metric tons of LNG a year […]
Posted inNews
Qatar to build major oil refinery in Iraq and launch new company for oil tankers
Qatar and Iraq have signed an an MoU to establish a 150,000 barrels per day oil refinery in Iraq, the Peninsula reported. Both countries have also signed an MoU to establish a joint company that will build and operate oil tankers that carry crude oil and petroleum products according to the laws in force in […]
Posted inNews
Contracting giants line up for ADNOC’s Ruwais LNG megaproject
Contractors have submitted technical bids to ADNOC Gas for its 9.6 mtpa LNG export terminal to be built in Ruwais. The two consortiums are Technip Energies/JGC Corp/National Petroleum Construction Co and McDermott/Saipem/Hyundai Engineering and Construction. The contract, which includes process facilities, flares and utilities, LNG storage tanks, an export jetty with bunkering, and other associated […]
Posted inNews
Qatar selects Air Products for multi-billion North Field South project
Air Products, a provider of LNG technology and equipment, announced in a statement that it has been selected to provide its proprietary LNG Process technology and equipment to Qatargas for the North Field South (NFS) Project in Ras Laffan, Qatar. Air Products will supply Qatargas with its proprietary AP-X natural gas liquefaction process technology and […]
Posted inNews
Egypt, Jordan sign major gas infrastructure deal
Egypt has signed a comprehensive deal with Jordan that grants it access to the LNG floating storage regasification unit (FSRU) stationed at Sheikh Sabah port in Aqaba, according to a statement. The primary objective of the agreement is to maximise the resources of both countries with enhanced efficiency and reduced costs, the statement from Egypt’s […]
Posted inNews
QatarEnergy begins construction of LNG vessel for historic fleet expansion
QatarEnergy celebrated the steel cutting of the first of its new generation of chartered LNG vessels to be constructed in a Korean shipyard. QatarEnergy joined Samsung Heavy Industries, and JP Morgan Asset Management in a special ceremony on Geoje Island in the Republic of Korea to celebrate this milestone, which is part of QatarEnergy’s historic LNG Fleet Expansion Project. In April, the state-owned giant announced […]
Posted inNews
Tanzania’s $42 billion LNG project nears approval
Negotiations with investors for Tanzania’s $42 billion liquefied natural gas (LNG) project have been successfully concluded, a senior government minister has revealed. The agreements, aimed at tapping into the country’s vast offshore gas resources, are now awaiting review and approval next month, according to media reports. Energy Minister January Makamba said that the finalised agreements […]
Posted inNews
QatarEnergy, Bangladesh to sign 15-year LNG deal
QatarEnergy will sign a long-term LNG supply deal with Bangladesh’s state-owned gas company Petrobangla on Thursday, Reuters reported. This marks the second Asian sales deal to be sealed for Qatar’s North Field expansion project. The 15-year agreement is for the supply of 2 million tonnes annually, Petrobangla’s Chairman Zanendra Nath Sarker told Reuters. Supplies are […]
Load more