Monday 8 February 2016
 
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natural gas

Caspian energy hub proposed for Iran

Iran can benefit by setting up an energy trade network in the Caspian Sea region, which could export electricity rather than natural gas to regional customers, according to an analyst.  “We can import natural gas from C

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Iran in talks for $4.5bn subsea gas pipeline to India

Iran is in negotiations to lay a $4.5-billion subsea pipeline to export natural gas to India, said the company’s managing director. National Iranian Gas Export Company (NIGEC) is in talks with South Asia Gas Enterprise (SAGE

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Iran plans to raise gas output to over 1bcm a day

Iran plans to increase its production of natural gas to more than 1 billion cubic metres (bcm) a day in the next two and a half years, Oil Minister Bijan Zanganeh was quoted as saying on Tuesday. Speaking at a news conference ahea

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Iraq to supply crude oil, natural gas to Egypt, Jordan

Egypt signed a memorandum of understanding to receive crude oil and natural gas from Iraq, Egypt's minister of petroleum Tarek El Molla said.   A statement from the petroleum ministry said the agreement was p

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Gas subsidy cuts 'will damage Saudi chemicals industry'

The chief executive of National Industrialization Company (Tasnee), which has interests in petrochemicals, metals and chemicals, said any big rise in Saudi natural gas prices risked "killing the golden goose". Tasnee CEO

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Gas subsidy cuts 'will damage Saudi chemicals industry'

The chief executive of National Industrialization Company (Tasnee), which has interests in petrochemicals, metals and chemicals, said any big rise in Saudi natural gas prices risked "killing the golden goose". Tasnee CEO

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Algeria eyes 13pc rise in natgas output by 2019

Algeria plans to increase natural gas output by 13 percent by 2019, the energy ministry said, to reverse a decline in energy production in recent years that has hit its export earnings and spending policy. Investment to increase i

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UAE savings from fuel price reform to rise sharply

The government of the United Arab Emirates will save only a modest amount of money from reforms to its fuel price system in 2015 but the savings are likely to rise sharply in coming years, an International Monetary Fund official said on Tuesday.

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UAE shifts fuel prices as the Gulf watches

The United Arab Emirates has become the first Gulf state to take a major step towards taming the gas-guzzling habits of its drivers, who see cheap fuel as part of their birthright. The UAE said it would raise domestic prices for g

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Iran’s Mapna building $2.5bn power plant in Iraq

Iran’s Mapna Group, a leader in construction and installation of energy production machinery, is building a natural gas combined cycle power plant in Basra, Iraq at a cost of $2.5 billion, a report said. The project aims to

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