Bahrain may increase natural gas costs for local consumers again to narrow the gap between domestic and international market prices, Bahraini Energy Minister Abdul Hussein bin Ali Mirza told Reuters.

Saudi Aramco is keen to develop its unconventional gas resources to meet rising domestic demand but production prices are still too high, Amin Nasser, senior vice president for upstream at the company said.

Qatargas aims to double its long-term liquefied natural gas (LNG) supplies to Asia from 11 million tonnes currently to more than 20 million tonnes.

Tenaris and PCC Energy Group, a business of Precision Castparts Corp. have been awarded a big contract to supply a Corrosion Resistant Alloy (CRA) tubing for Saudi Aramco's Arabiyah & Hasbah offshore gas development project.

During a high profile visit by a Turkish delegation the possibility of Turkey carrying out gas exploration in the Mediterranean with Egypt as well as the potential of importing Egyptian gas was discussed.