Iran is one of the most hydrocarbon-rich countries in the world. According to the Iranian Oil Ministry data, nearly 300 oil and gas fields have been explored in the country of which over 40 are gas fields. Although until recently the Oil Ministry (as the name suggests) was mostly focused …
Read More »Asia Pacific Main Engine of Natural Gas Demand Growth to 2040
Global LNG demand could fall 4.2 percent in 2020 in a multi-wave pandemic scenario before recovering in 2021. The market is expected to begin re-balancing as producers curb supply and the pandemic delays commissioning of new LNG projects. The Global Gas Report 2020 , published by the International Gas Union …
Read More »South Pars Phase 22-24 Gas Recovery Up 200 mcf
The head of the offshore section of South Pars 22-24 phases development project said 3 new wells had become operational in the project which added 200 mcf to the phases gas output. According to Pars Oil and Gas Company (POGC), Mehrdad Kazemi, referring to the operation of the SPD22 platform …
Read More »US will Do Everything to Stop Nord Stream 2
US Secretary of State Mike Pompeo has told lawmakers that the United States intends to impose sanctions on firms that continue to help Russia build a natural-gas pipeline to Europe as he sought to dispel concerns about Washington’s commitment to halt the controversial project. “We will do everything we can …
Read More »New Mediterranean Gas Discovery could Produce 32 Million Cubic Feet per Day
The new gas discovery off Egypt’s Mediterranean coast could produce up to 32 million standard cubic feet per day, Petroleum Minister Tarek El-Molla said on Tuesday after tests were conducted. Earlier this month, Eni, along with contractors BP and Total, successfully drilled the first exploration well in the North El-Hammad …
Read More »Qatar to Host LNG2025
The LNG Events Series Steering Committee has announced that Qatar has been selected as the host country for LNG2025, the 21st International Conference and Exhibition on Liquefied Natural Gas. Professor Joe M Kang, chair, LNG Events Series Steering Committee and president, International Gas Union (IGU), made the announcement marking the …
Read More »Germany Continues Viewing Nord Stream 2 as Economic Project
Germany continues viewing the Nord Stream 2 gas pipeline as an economic project and Berlin does not support unilateral economic sanctions of the United States against it, German Government’s spokesperson Ulrike Demmer said at the briefing on Monday. “The government’s position on the Nord Stream 2 has not changed,” Demmer …
Read More »Russia Reportedly Surpassed US in LNG Exports to China in June
Russia exported 396,000 tonnes of liquefied natural gas (LNG) to China in June, while US exports amounted to 340,000 tonnes during the same period, Bloomberg reported on Monday, citing data from China’s General Administration of Customs. According to the customs data released on Sunday, Russia’s LNG exports to China increased …
Read More »Nord Stream Gas Pipeline Returns to Operations after Maintenance
The Nord Stream gas pipeline, which runs on the bed of the Baltic Sea from Russia to Germany, has returned to operations on Sunday after a routine maintenance, the pipeline operator said. The pipeline’s both lines had been shut for maintenance from July 14. “After the temporary shutdown of the …
Read More »Iran Kicks Off Pipe-Laying for Longest Subsea Gas Project
An Iranian contractor started laying pipes for a long underwater gas transfer project connecting the Kish Island in the Persian Gulf to the country’s national gas network. The pipeline will link a gas supply terminal in Bandar Aftab, also known as Gerzeh, in the Southern Hormozgan province, to a gas-fired …
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