Iran has ditched a second Liquified Natural Gas (LNG) project which was to be carried out by French energy giant Total, after a similar project with the Anglo-Dutch Shell was recently scrapped, reports Agence France Presse.

Repsol and Qatargas have signed a multi-year LNG agreement that will see Qatargas supply LNG to Repsol Energy Canada Ltd. at the Canaport LNG facility in Saint John, New Brunswick.

Kuwait Energy has been awarded 20 year term gas development contracts for Siba and Mansuriya gas fields in Iraq's third bidding round.

Dana Gas PJSC and its partner and joint operator Crescent Petroleum have given a technical update on the progress of their joint operations two years since they started production from their major gas project in the Kurdistan region of Iraq.

An expert on the economics of the energy industry has said he expects Saudi Arabia's production of natural gas to increase to 13 billion cubic feet by 2020.