Gas

Qatar Approves World’s Largest LNG Project

Qatar Petroleum took this week the final investment decision to build what it says would be the world’s largest liquefied natural gas (LNG) project in terms of capacity, as the tiny Gulf nation and top global LNG exporter aims to raise its annual production by 40 percent by the end …

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Qatar Hires Builders for $29 Billion LNG Expansion Project

Qatar Petroleum selected Chiyoda Corp. and TechnipFMC Plc for the main construction contract to expand its liquefied natural gas production capacity by 43%. Qatar’s energy minister and QP Chief Executive Officer Saad Al-Kaabi signed the agreement, worth about $13 billion, with the two companies at a ceremony in Doha on …

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Germany’s Merkel Stands by Backing for Russia Gas Pipeline

German Chancellor Angela Merkel on Friday stood by her backing for a German-Russian gas pipeline project despite the Navalny case and the threat of U.S. sanctions Merkel said her government’s position on Nord Stream 2 is still unaffected by tensions over Russian opposition leader Alexei Navalny who recovered in Germany …

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Iran’s Gas Refining Capacity up 28-Fold in 24 Years

Iran’s daily gas refining capacity stood at 36 million cubic meters before the victory of the Islamic Revolution, which experienced a 28-fold increase within 42 years. As the Iranian Oil Minister Bijan Namdar Zangeneh mentioned, the gas industry developed after the victory of the Islamic Revolution; so, the daily gas …

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South Pars Phase 22-24 LPG Storage Tanks Go Operational

Two liquefied petroleum gas (LPG) storage tanks of phase 22-24 of Iran’s South Pars gas field have gone operational and ready to store 80,000 cubic meters of gas, the head of Iran’s Pars Oil and Gas Company (POGC) announced on Saturday. According to Mohammad Meshkinfam a total of four storage …

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Russian LNG Production Sees Modest Jump in 2020

Russia’s liquefied natural gas production rose by 3.5 percent last year to a total 30.5 million tons, according to data from Rosstat, the country’s official statistics agency. In December alone, Russian producers turned out 2.85 million tons, which was up 1.4 percent on the year and 5.8 percent on November, …

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