Presenting at Gastech 2011 in Amsterdam, Wood Mackenzie said it expects that around 150 million tonnes of new LNG capacity will need to be sanctioned over the next ten years to meet growing demand for gas, which will require supply from discovered conventional resources, unconventional gas, and yet to be discovered or appraised gas.

Qatar Petroleum and Shell announced the first flow of dedicated offshore gas into the Pearl GTL plant located in Ras Laffan Industrial City in the State of Qatar.

Saudi Aramco has finalised its bid selection for the four Lump Sum Turn Key (LSTK) contracts of the Shaybah natural gas liquids (NGL) Program, selecting Samsung Engineering Co. Ltd. to perform the engineering, procurement and construction (EPC) work for all the four packages.

Dana Gas, Middle East's first and largest regional private sector natural gas company and the sixth largest gas producer in Egypt, confirmed recently in a media statement that its operations were not affected during the recent turmoil in Egypt, with "production and output levels sustained" during the past few weeks.

Egypt plays a pivotal role in the Middle East because of its history, location, and military strength.