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 …
Read More »Iran, Qatar Ministers Review Cooperation on Electricity
Iranian Minister of Energy Reza Ardakanian and Qatari Minister of State for energy affairs reviewed ways to advance the agenda of cooperation on electricity sector. The two ministers underlined to develop and continue with cooperation on The Regional Centre on Urban Water Management (RCUWM-Tehran) under the auspices of UNESCO. Both …
Read More »Iran-Qatar Poised to Strengthening Bilateral Economic Ties
Islamic Republic of Iran and Qatar are determined to enhance and broaden mutual economic relations. For this purpose, the Iranian Energy Minister and Chairman of Iran-Qatar Joint Economic Cooperation Commission Reza Ardakanian arrived in the Qatari capital Doha on Monday to discuss the relevant issues. In this meeting, made for …
Read More »Qatar Petroleum and Its Partners Announce a 2nd Discovery in South Africa
Qatar Petroleum is pleased to announce a new gas/condensate discovery in the Luiperd prospect, located in Block 11B/12B, in the Outeniqua Basin, 175 km off the southern coast of South Africa. This is the 2nd significant discovery in Block 11B/12B, which is being explored by Qatar Petroleum and its partners, …
Read More »Iran, Qatar Emphasize Developing Bilateral Ties
Islamic Republic of Iran and Qatar stressed the need to develop and expand bilateral ties on a series of mutual interests. Iranian Minister of Energy Reza Ardakanian and Qatari Minister of Commerce and Industry Ali bin Ahmed Al Kuwari held talks on Tue. through videoconference. In this online meeting, the …
Read More »Qatar Books Key U.K. LNG Supply Deal as Export Push Begins
Qatar Petroleum is set to ramp up exports of liquefied natural gas to the U.K. as the Persian Gulf country seeks buyers for the output from a new project and several large supply contracts are due to expire. Qatar reserved capacity for as much as 7.2 million tons of LNG …
Read More »Qatar Petroleum Contracts Baker Hughes
Baker Hughes has announced an order to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s North Field East (NFE) project, executed by Qatargas. The total award is part of four LNG ‘mega trains’, representing 33 million tpy of additional capacity, which will increase Qatar’s total LNG production capacity from …
Read More »Iran, Qatar Discuss Joining Power Grids through Sea
Iranian and Qatari energy ministers yesterday discussed connecting the two countries’ electricity networks via a submarine cable. In a virtual meeting, the Qatari minister, Saad Sherida Al-Kaabi, said that the project was “possible”, adding that a “proposal should be worked on”. “In my opinion, this idea is practical and it …
Read More »Iran’s Gas Industry Moving Toward Development
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 …
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