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Sixteen companies. including five majors. have submitted 60 applications for the five acreages on offer in Ghana’s first licencing round.

Producers are ready to renew the agreement or increase cuts in case the market does not balance.

The 50 km2 energy city will be constructed at between Dammam and Al-Hasa in the heart of the Saudi energy business.

The Arctic LNG 2 project envisages constructing three LNG trains at 6.6 million tons per annum each.

Turkmenistan has already completed the construction of gas pipeline in its section.

The Spark project forms part of Vision 2030. which is an initiative promoted by the Saudi Arabian government.

CNOOC has significant experience in management. operations and technology to help build the archipelago'.s first LNG terminal.

Iran will back Turkey’s participation and investments in various Iranian economic sectors.

Gas-rich Gulf state aims to escape blockade by diversifying economy.

Japan is the world’s top LNG consumer. with Russia among its key LNG suppliers.