Dana Gas, a leading natural gas company in the region, has reported a net profit of $7 million for the second quarter (Q2) of the year, similar to the $7 million in Q2 2015.
Revenue was $96 million (Dh351 million) as compared to $
The Egyptian Natural Gas Holding Company (Egas) plans to rent a gasification ship located in Jordan with a daily capacity of 500 million cu ft of gas, a report said.
Egas will host the ship next year in a private port controlled b
The Dubai-based Dodsal Group has made a major natural gas discovery in Tanzania and plans to invest an additional $300 million in the country over the next 24 months to support exploration and production there, it said on Monday.
Four companies have applied to Egyptian Natural Gas Holding Company (Egas) seeking to import natural gas to supply to the domestic market through the national grid, a report said.
Egas in talks with the companies to provide
Sharjah-based Dana Gas, a leading regional private sector natural gas company in the Middle East, has commenced commercial gas production from the Zora Gas Field in the UAE.
Initial project start-up was achieved on January 14 with
UAE-based Dana Gas, a leading natural gas company, has announced that its net profit in 2015 increased 15 per cent to $144 million (Dh528 million), compared to $125 million (Dh457 million) in 2014.
The company reported gross
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
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
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
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