Qatar LNG Production to Reach 110 M mt/year by 2024
Qatar plans to boost its liquified natural gas (LNG) production capacity to 110 million metric tons per year (mt/year) by 2024, an increase of roughly 43%.
China | Egypt Oil & Gas - Part 12
ExxonMobil Signs LNG Framework Agreement with China’s Zhejiang
ExxonMobil signed a framework agreement with China's Zhejiang Energy on October 18 for the Chinese firm to supply liquefied natural gas (LNG) for ExxonMobil.
Saudi Aramco to Buy Stake in Zhejiang Petrochemical Refinery
Saudi Aramco plans to purchase a stake in a new refinery being built by Zhejiang Petrochemical, according to Aramco's senior vice president of downstream.
Qatar Petroleum Agrees 5-Year LPG Supply Deal with China
State-owned Qatar Petroleum has signed a five-year deal with China’s Oriental Energy to supply 600,000 tons of liquefied petroleum gas (LPG) per year.
Saudi Arabia, Chinese Rongsheng Sign Crude Supply Deal
Saudi Aramco has signed a long-term agreement with Chinese Zhejiang Rongsheng for a supply of crude to the company’s new refinery in eastern China.
Oman Production Reaches 30M barrels in August
Oman produced 30.21 million barrels of crude oil and condensate in August, averaging 974,500 barrels per day (b/d).
Qatargas Signs 22-Year Deal to Supply LNG to China
Qatargas announced on September 10 that it agreed a 22-year supply deal with China for the shipment of 3.4 million tons of liquefied natural gas (LNG) per year.
OPEC Secretary-General: Oil Consumption to Hit 100M b/d This Year
Global oil demand is expected to reach 100 million barrels per day (b/d) later this year, much earlier than previously expected, OPEC Secretary-General Mohammad Barkindo stated on September 5.
Iraq, China Joint Venture Deal by November
Iraq’s state oil marketer SOMO is closing in on a deal with China’s state-run Zhenhua Oil for a joint venture to help boost Iraqi oil sales to China, the world’s top oil importer.
Hamrawein Coal Plant Agreement to Be Signed in September
The Egyptian Electricity Holding Company (EEHC) is expected to sign the final contracts for the $4.4 billion, 6 GW Hamrawein coal-fired power plant in September.
