Saturday 25 June 2016
 
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natural gas

Egas to rent 500m cu ft gasification ship

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

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Dodsal Group makes big Tanzania natural gas find

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.

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Four firms bid to import gas for Egypt market

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

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Dana Gas begins production from Zora field

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

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Dana Gas 2015 net profit up 15pc

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

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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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