Middle East & Africa News

Latest news and developments from Middle East and Africa region

• Qatargas to donate 5 LNG cargoes to Egypt [free access]

  June 12, 2013
  Qatargas Operating Company Limited (Qatargas) will donate five liquefied natural gas (LNG) cargoes to Egypt. Following the instruction given by the prime minister of Qatar, the company will provide support to cover a shortage in gas supply in Egypt during the summer.

• Qatar LNG shipper Nakilat signs USD917 million refinancing deal

  June 11, 2013
  Qatar Gas Transport Company (Nakilat), one of the world’s largest shippers of liquefied natural gas (LNG), has signed a USD917 million loan refinancing deal with Qatar National Bank.

• Excelerate Energy awarded contract to build LNG terminal in UAE

  June 11, 2013
  US-based Excelerate Energy has won a contract to build a liquefied natural gas (LNG) import terminal in the United Arab Emirates (UAE).

• Emirates LNG receives technical bids for Fujairah project

  June 11, 2013
  Emirates LNG Limited has received technical bids from four companies for its liquefied natural gas (LNG) storage and regasification unit at Fujairah on the United Arab Emirates (UAE)’s east coast.

• Leviathan deal hinges on LNG policy: Woodside Petroleum

  June 5, 2013
  Delays in Israel setting out its natural gas export policy, and uncertainty over its content, have led to doubts about Australia-based Woodside Petroleum’s planned USD1.2 billion deal to buy into the Leviathan gas field, which is considered a key element in the company’s growth strategy.

• Angola LNG starts production, exports in June: Total

  June 5, 2013
  According to France-based energy giant Total, Angola’s long-delayed liquefied natural gas (LNG) plant has finally started production and the first cargo is due to be exported in the latter half of June 2013.

• Kuwait to focus on gas supply: Kuwait Petroleum Corporation

  May 31, 2013
  Kuwait’s state-owned Kuwait Petroleum Corporation (KPC), has outlined the strategy for the future of Kuwait’s hydrocarbons industry, stating that gas supply will be the key focus and has stressed the need for Kuwait to advance its operations in gas to free up crude for export.

• Kuwait gas prices to rise

  May 29, 2013
  Kuwait is looking to implement several new initiatives aimed at increasing efficiency, including the gradual increase of gas prices in the country. According to Kuwait Petroleum Corporation (KPC), a range of solutions were being considered and raising gas prices is one of these.

• UAE’s Dolphin Energy plans commissioning of export gas compressor upgrade in early 2015

  May 23, 2013
  According to UAE-based Dolphin Energy Limited’s ‘Sustainability Report 2012’, the company has scheduled commissioning of a major export gas compressor (EGC) upgrade project for the first quarter of 2015.

• India’s L&T wins EPC contract for Midyan gas project in Saudi Arabia

  May 21, 2013
  Saudi Arabia’s state-run energy giant Saudi Arabian Oil Company (Saudi Aramco) has confirmed that India’s Larsen & Toubro (L&T) has been awarded the engineering, procurement, and construction (EPC) contract for the Midyan non-associated gas processing project in the Western Province of Saudi Arabia.

• Galsi pipeline to face further delays: Sonatrach [free access]

  May 20, 2013
  Algeria’s state-owned oil and gas firm Sonatrach has stated that the proposed Gasdotto Algeria Sardegna Italia (Galsi) pipeline linking Algeria to Italy via the island of Sardinia will face a further delay due to differences over pricing and export volumes.

• Shell suspends gas supplies to Nigeria after ‘leak’ in Rivers Pipeline

  May 17, 2013
  The Nigerian subsidiary of UK-based Royal Dutch Shell, Shell Petroleum Development Company Limited (SPDC) has stated that gas supplies to Nigeria Liquefied Natural Gas (NLNG) will be suspended till further notice, as it may not be able to meet its contract obligations following a leak in one of its major supply pipelines in Rivers State.

• Petrojet selected for Abu Dhabi’s Yas-Mina Zayed gas pipeline

  May 6, 2013
  Egypt’s Petrojet has been awarded an estimated USD45 million contract to build a gas pipeline linking Yas Island to Mina Zayed port in Abu Dhabi (United Arab Emirates).

• Basrah Gas Company to launch gas treatment project in Iraq

  May 5, 2013
  Basrah Gas Company (BGC), the largest gas project in Iraq’s history and the world’s largest flare-reduction project, has commenced commercial operations of its gas treatment project.

• Iran gets ready to start gas injection at Shorijeh underground facility

  May 3, 2013
  Iran is scheduled to start injecting gas into its biggest underground facility at Shorijeh in June 2013, which is about four months after the launch of the Middle East’s first such facility at nearby Sarajeh, to meet peak demand in winters.

• Shell to take 40 per cent stake in Abu Dhabi’s Bab sour gas project

  April 30, 2013
  Abu Dhabi National Oil Company (ADNOC) has chosen UK-based Royal Dutch Shell Group to be the joint owner of its project to develop the onshore Bab sour gas reservoirs.

• Petrofac awarded contract for phase two of Bab gas compression facilities

  April 29, 2013
  UK-based Petrofac has won an estimated USD500 million contract to build gas compression facilities at Abu Dhabi’s onshore Bab gas field.

• Six companies prequalify for Emirates LNG project [free access]

  April 29, 2013
  Abu Dhabi-based Emirates LNG has prequalified six companies to bid for a liquefied natural gas (LNG) storage and regasification unit at Fujairah on the east coast of the United Arab Emirates (UAE).

• Jordon’s Aqaba extends tender on LNG terminal

  April 29, 2013
  The tender deadline for the construction of a new liquefied natural gas (LNG) terminal in Jordan’s Aqaba economic zone has been extended.

• Egypt’s Egas taken to court over LNG supply to Damietta plant

  April 27, 2013
  Operators of Egypt’s Damietta liquefied natural gas (LNG) plant – Spain’s Gas Natural SA and Italy’s Eni SpA – have taken Egypt’s state-controlled Egyptian Natural Gas Holding Company (Egas) to court over failing to comply with the terms of a supply contract.