The Bahrain National Gas Company (Banagas) has entered into an engineering, procurement and construction (EPC) agreement with Japan's JGC Gulf International for constructing a compressor station.

Korea Gas Corp. (Kogas) multibillion-dollar deal to develop one of Iraq's largest gas fields has finally being ratified after Iraq's cabinet approved the project in mid September.

A consortium between Babcock Borsig Service (BBS), the project leader, and Pall Corporation has been awarded an US$28.4mn contract for a hydrocarbon condensate dewatering initiative by Abu Dhabi Gas Industries Ltd (GASCO).

Bahrain may increase natural gas costs for local consumers again to narrow the gap between domestic and international market prices, Bahraini Energy Minister Abdul Hussein bin Ali Mirza told Reuters.

Saudi Aramco is keen to develop its unconventional gas resources to meet rising domestic demand but production prices are still too high, Amin Nasser, senior vice president for upstream at the company said.