Despite the global demand shock, MENA committed gas investments are holding steady while planned gas investments reach USD126 bn, a 29% increase compared to last year, according to APICORPS’s MENA Gas & Petrochemicals Investments Outlook 2020-2024
Gas
East Mediterranean Gas Forum launched
Egypt hosted the signing of the East Mediterranean Gas Forum’s (EMGF) statute in a virtual ceremony on 22 September, formalising its status as an inter-governmental organisation that aims to foster cooperation between regional gas producers, consumers and transit countries
Eni and BP announce gas discovery in offshore Egypt
Eni and BP have announced a new gas discovery in the Great Nooros area, located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt
Saudi Aramco selects Siemens compressors for gas reservoir storage project
Siemens Energy has been selected to provide centrifugal compressor systems for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project
Global gas flaring up by three per cent: World Bank
Satellite data estimates show that global gas flares have increased to levels not seen in more than a decade, to 150 billion cubic metres (bcm), equivalent to sub-Saharan Africas total annual gas consumption
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