Gas

Pakistan government needs to take immediate steps to complete the much awaited IP project.

Morocco’s GasLog. is one which has just filed a profit of US$6.9 million in its second quarter. which it largely puts down to good progress with its FSRU strategy.

Q-Max vessels can carry up to 266.000 cubic metres of LNG and are 80 percent larger than the conventional LNG vessels.

The country aims to raise output to over 1 billion cubic meters by March 2018.

The fund is expected to raise $100 billion a year by 2020. with developed nations to make the most contributions.

Rosneft is one of the international firms involved in the exploration and exploitation of Egypt’s Zohr gas field.

Petronas will continue to focus on growing its crude oil business which now contributes to 80% of its $1.5 billion revenue from India.

The current contract for the supply of Russian gas to Poland is in effect until January 1. 2020.

US President Donald Trump in early August signed a law that envisions the expansion of a number of sectoral sanctions against the Russian economy.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.