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.

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.

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.