Gas

Gas sector faces unpredictable year: Wood Mackenzie

49603582733 7c9f8ca8c8 wCoronavirus, sustained low oil prices, and LNG oversupply weigh on the gas sector this year, Wood Mackenzie said in its latest short-term gas and LNG outlook report

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‘Global gas flaring value approaches US$24bn a year if priced at European prices’

gas 2731580 640Ten countries produced 80 per cent of all flared gas, and their forgone revenue from failing to monetise the gas constituted over US$19bn in 2019, according to data and analytics company GlobalData

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Reduction in gas flaring benefits producers and environment, says GlobalData

49140209842 0d7cc45967 cGlobalData has stated that more than 4.6 tcf of natural gas were flared globally in 2019

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Eni to restart Egypt’s Damietta LNG plant operations

Beauty 9 4MBDSupermajor Eni has announced that Egypt’s Damietta LNG plant is expected to resume operations by June following a series of agreements with its partners in Egypt

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Saudi Aramco announces regulatory approval of Jafurah gas field

Ras Tanura 01 1Saudi Aramco has announced regulatory approval of the development of the Jafurah unconventional gas field in the Eastern Province, the largest non-associated gas field in Saudi Arabia

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