The US$10bn Shah gas development project is on track and should be completed by late 2014, according to the field’s operators
Gas
Aramco makes Red Sea gas field discovery
Saudi Aramco has discovered a new gas field near the port of Daba in the Red Sea, according to the Saudi Arabian oil minister Ali al-Naimi
Qatargas and Japanese power company sign LNG deal
Japans Kansai Electric Power Company (Kepco) has signed a new long-term Liquefied Natural Gas (LNG) sales and purchase agreement with Qatargas
Iran's South Pars gas field phases 17 and 18 to begin production in late 2012
Production on phases 17 and 18 of Irans South Pars gas field will begin in late 2012, according a statement by the Pars Oil and Gas Company (POGC)
IHS CERA expect MENA investment boom
The MENA region is on the tip of a first-time investment boom in the gas and power sectors, according to a new IHS Cambridge Energy Research Associates (IHS CERA) study