Saudi Aramco will bring its largest gas plant online in 2013, which is ahead of schedule, as the company accelerates gas output expansion to meet rising domestic demand.
Gas
Qatar signs US$8.6 billion gas deal with Exxon Mobil
Qatar and Exxon Mobil have agreed to jointly develop the much delayed Barzan gas project at a cost of US$8.6 billion and will supply 1.4 billion cubit feet of gas.
Iran awards gas contracts worth US$6.5 billion
Iranian officials have announced that the country has awarded new contracts worth US$6.5 billion in the gas sector.
Dana Gas says it will retain natural gas exploration concessions in Egypts Nile Delta region after revealing a 20 per cent increase in production in 2010.
A US$12.5 billion agreement between Iraq, Royal Dutch Shell and Mitsubishi Corp. for the capture of flared-off natural gas in Iraqs oil fields in the south will hopefully be signed in January 2011.
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