Abu Dhabi-based Mubadala Petroleum, along with its partners Petronas Carigali Sdn Bhd and Sarawak Shell Berhad, have reached the final investment decision for the Pegaga gas field development in Block SK 320, offshore Malaysia
Pearl Petroleum, the company consortium led by Crescent Petroleum and Dana Gas of the UAE, has signed a 10-year gas sales agreement (GSA) with the Kurdistan Regional Government (KRG) to supply and sell additional quantities of gas to boost local domestic electricity generation
Japan has the highest LNG regasification capacity globally with 9.6 tcf in 2018, with South Korea and China following with 4.9 tcf and 3.2 tcf respectively, according to GlobalData, one of the leading data and analytics companies across the world
Dana Gas PJSC, the Middle East’s largest regional natural gas company, has reported gross revenue and net profit of US$450mn and US$83mn for 2017, as compared to US$392mn and net loss of US$88mn in 2016
The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29mn tonnes to 293mn tonnes in 2017, according to Shell’s annual LNG Outlook
