Sound Energy, Morocco-focused upstream gas company, has announced the signature of a binding 10 year LNG sales agreement for the Phase 1 development covering the sale of around 100 million cu/m of gas in a liquified form per year
Gas
Dana Gas KRI and Egypt collections more than doubled in H1 2021
Dana Gas, the Middle East’s largest regional private sector natural gas company, has announced that its H1 2021 collections from the Kurdistan Region of Iraq (KRI), and Egypt, have increased 106% year-on-year to US$185mn, the highest level in more than five years
Qatar among the highest producers of offshore natural gas by 2025, suggests GlobalData
GlobalDatas latest research survey reveals, Malaysia, Iran and Qatar will lead the way, in global natural gas production by 2025
IEA: Natural gas demand growth set to slow in coming years
Natural gas demand is set to rebound strongly in 2021 and will keep rising further if governments do not implement strong policies to move the world onto a path towards net-zero emissions by mid-century, according to a new report by the International Energy Agency
MENA gas investments to total US$75bn over next five years: APICORP
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has estimated that gas investments in MENA for the period 2021-2025 are expected to total US$75bn – US$9.5bn less than the previous outlook