The Qatar General Electricity and Water Corp (Kahramaa) has installed a 1 MW/4 MWh storage system at its 11 kV Nuaija station. The facility, built in partnership with Qatari conglomerate Al-Attiyah Group and US electric car maker and battery provider Tesla, is intended to store power during peak hours or …
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 »Qatar has Lowest ‘2020 Central Government Deficit-to-GDP Ratio’ in GCC
Qatar has the lowest “2020 central government deficit-to-GDP ratio” in the GCC at 10%, S&P Global said and noted fiscal deficits will shrink in the region from 2021, assuming oil prices improve and oil production cuts taper in line with the ‘April 2020 |OPEC+’ agreement. As a percentage of GDP, …
Read More »Qatar’s Second Gas Boom about to Get Underway
The long-term outlook for Qatar’s second gas boom does not fundamentally change whatever the eventual economic impact of Covid-19 be, on both the energy market and the country’s non-hydrocarbons economy, a new report has shown. According to PwC, the current crisis may even work to Qatar’s advantage as potential competitors, …
Read More »Qatar’s Gas Supplies to UK Break Records
Qatar’s gas supplies to the UK have reached their highest rate with 42.7 million cubic metres being provided per day over the last three weeks, the Gulf states’ Al-Sharq newspaper reported yesterday. The paper reported that six of the largest tankers had arrived in the station of South Hook Gas …
Read More »Qatar Optimist about Expansion of Joint LNG Field with Iran
Saad al-Kaabi, Qatari energy minister and chief executive of Qatar Petroleum, announced that his country intends to expand the world’s largest liquefied natural gas (LNG) project, i.e. its North Field (known in Iran as South Pars) gas field, and expects investment opportunities overseas, despite a slump in global energy demand …
Read More »Condensate Refineries Stymie US Anti-Iran Sanctions
Iran is in the brink of halting export of gas condensates and is instead going to process the ultra-light oil in its new refineries to produce higher-value chemicals, oil Minister Bijan Namdar Zangeneh said.
Read More »Qatar Petroleum to Continue North Field Expansion Gas Projects
Qatar Petroleum’s North Field expansion projects will be continued, said the state-owned company’s president and CEO and minister of state for energy affairs Saad Sherida Al-Kaabi. During a webinar organized by the US-Qatar Business Council, Al-Kaabi noted that the project is expected to raise Qatar’s LNG production capacity from 77 …
Read More »Iran Starts Installation of Phase 11 Jacket
Iran’s Petropars Company has officially started operations to install the jacket of South Pars Phase 11 platform in the Persian Gulf.
Read More »Word’s Biggest LNG Exporter Positioned to Risk a Harsh Battle that could Mimic Oil’s Plunge
Hemmed in by weak demand and scarce storage, the world’s biggest exporter of liquefied natural gas may soon face a stark choice: curb output or ignite a battle for market share that has the potential — just as in the oil market — to turn gas prices negative. Qatar began …
Read More »