Middle East
Qatar, UAE Energy Ministers Say Gas Will Be Needed for Long Time
The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the global energy transition, the energy ministers of Qatar and the United Arab Emirates said on Saturday.
Germany in Talks with Iraq Over Possible Gas Imports
Germany is in talks with Iraq over the possibility of importing natural gas from the oil-rich country, Chancellor Olaf Scholz said on Friday, as Berlin scrambles to diversify its energy sources to replace a drop in Russian fossil fuel shipments.
Global Pipeline Construction Outlook 2023
(P&GJ) — Seldom has a new year arrived with the degree of supply and demand uncertainty facing global energy markets at the start of 2023. Pipeline & Gas Journal's annual survey of global construction activity reflects a renewed emphasis on energy security after Russia's invasion of Ukraine.
Hungary to Start Talks with Qatar About Buying LNG
Hungary and Qatar have agreed that their state-owned energy companies will start talks about Hungary buying LNG from the Gulf Arab state, Foreign Minister Peter Szijjarto said in a Facebook video on Wednesday.
ConocoPhillips, QatarEnergy to Supply Germany with LNG Starting in 2026
Germany is set to receive new flows of Qatari LNG from 2026 after QatarEnergy and ConocoPhillips on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period.
Israel's NewMed Energy Leaning Towards Floating LNG Expansion
Israel's NewMed Energy said on Thursday it was leaning towards building a floating liquefied national gas terminal to further develop its Leviathan gas field off Israel's Mediterranean coast.
Qatar Signs 27-Year Deal with China as LNG Competition Heats Up
QatarEnergy has signed a 27-year deal to supply China's Sinopec with LNG, the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals.
Two New Natural Gas Reservoirs Discovered in Bahrain
Bahrain has announced two natural gas discoveries in the Al-Joubah and Al-Jawf reservoirs, state news agency BNA said on Tuesday.
Israel, Lebanon Set Maritime Boundaries on Path to Offshore Production
Lebanon and Israel have finalized a U.S.-brokered deal that sets maritime boundaries for the first time, clearing a path for more offshore gas production and infrastructure development in the Eastern Mediterranean.
QatarEnergy Expanding in LNG, Won't Divert Supplies to Europe
QatarEnergy is working to expand its gas production and trading operations as global demand surges and will not divert LNG contracted with Asian buyers to Europe this winter, CEO Saad al-Kaabi said on Tuesday.
NPCC to Build $548 Million Pipeline Offshore Abu Dhabi
Abu Dhabi National Oil Company has awarded a $548 million contract to National Petroleum Construction Company (NPCC) to build a new 85-km (53-mile) gas pipeline at its Lower Zakum field offshore of Abu Dhabi.
Kazakhstan Plans to Sell Crude Oil Via Azeri Pipeline to Bypass Russia
Kazakhstan is expected to sell some of its crude oil through Azerbaijan's biggest oil pipeline from September, as the nation seeks alternatives to a route Russia threatened to shut, three sources familiar with the matter said.
Shell Joins Qatar's LNG Expansion Mega-Project
QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest LNG project, following agreements with TotalEnergies, Exxon, ConocoPhillips and Eni.
Exxon Joins Oil Majors Eni, Conoco in Qatar's Mega-LNG Expansion Project
QatarEnergy on Tuesday signed a deal with Exxon Mobil Corp. for the Gulf state's North Field East expansion, the world's largest LNG project, following agreements with TotalEnergies, Eni and ConocoPhillips.
ConocoPhillips Earns Stake in Qatar’s $30 Billion LNG Expansion Project
ConocoPhillips has signed a deal with QatarEnergy on Monday for a 3.12% stake in the North Field East expansion project, the world's largest LNG project, following agreements with TotalEnergies and Eni.
Lebanon, Egypt to Finalize Gas Import Deal on June 21
Lebanon will sign a "final" agreement to import gas from Egypt on June 21, its energy ministry told Reuters, after months of delays to a plan viewed as critical to boosting power supplies for Lebanon's stricken economy.
Qatar Advances Talks with China Over Investment in Gas Field Expansion Project
China's national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world's largest LNG project and buy the fuel under long-term contracts, Reuters reported on Friday.
US Envoy Expected to Visit Beirut Next Week Over Israel Gas Dispute
A U.S. mediator will visit Beirut next week to discuss a dispute over a maritime border with Israel, Lebanese Parliament Speaker Nabih Berri said on Tuesday, according to a parliament source and local media.
Qatar to Select Exxon, Total for Mega-LNG Expansion Project
Exxon Mobil Corp. and TotalEnergies are expected to be awarded with a piece of the $30 billion-dollar LNG expansion project in Qatar, which will strengthen the country's position as the world's top exporter of the super-chilled fuel.
Iran Seizes Two Greek Tankers amid Row over US Oil Grab
Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the U.S. from a tanker held off the Greek coast.
Iran to Revive Gas Pipeline Project to Oman
Iran's oil minister has agreed to revive a long-stalled project to lay an undersea pipeline to carry gas to Oman. The pipeline, which has been in the works since 2013, was delayed due to price disagreements and U.S. pressure on Oman to find other suppliers.
Germany, Qatar Sign Energy Partnership Agreement Focused on Gas
Germany and Qatar have signed a declaration to deepen their energy partnership, with a focus on trade in hydrogen and LNG, as Europe's biggest economy looks for alternative supplies amid Russia's invasion of Ukraine.
Israel Ramping Up Gas Output, Looks to Help Supply Europe
Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace Russian supply.
Petronet In Talks with Qatar for LNG Deal Renewal amid Turbulent Markets
India's Petronet LNG has begun talks with Qatar to renew a multiyear gas deal despite market "turbulence", making new long-term contracts difficult as sanctions on Russian fuel have squeezed an already tightly supplied market.
Turkey Says Gas Pipeline with Israel Not Possible in Short Term
A potential gas pipeline project between Turkey and Israel is not possible in the short-term and building an alternative system to cut dependence on Russia will not happen quickly, Turkish Foreign Minister Mevlut Cavusoglu said.
Germany, Qatar Discuss Long-Term Gas Deal to Reduce Russian Dependence
Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become less dependent on Russian energy sources.
Energean Enters Israeli Gas Purchase Agreement with IEC
Starting with the commencement of first gas production from Karish, the agreement will be valid for an initial one-year period with an option to extend subject to ratification by both parties.
Qatar: 'Almost Impossible' to Quickly Replace Russian Gas Supplies
Neither Qatar nor any other single country has the capacity to replace Russian gas supplies to Europe with LNG in the event of disruption due to a conflict between Russia and Ukraine, Qatar's energy minister said on Tuesday.
South Korea, Iran Discuss Resuming Oil Trade
South Korea and Iran have held working-level talks on resuming imports of Iranian crude oil and unfreezing Iranian funds held in the East Asian nation, South Korea's foreign ministry said on Wednesday.
Israel Will Not Object if Exported Gas Reaches Lebanon - Minister
Israel's energy minister said on Tuesday that it would not be a problem if Israeli natural gas that is exported to Egypt makes its way to Lebanon, a long-time enemy that is dealing with an energy crisis.
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