Russia’s Gazprom has announced its interest in Iran’s liquefied national gas (LNG) projects after an official said Tehran planned to revive them which are suspended under sanctions.
Israel's security cabinet voted on Thursday in favour of a plan that would allow a U.S.-Israeli energy group to keep control of most of the country's natural gas deposits but would also put some others up for sale.
Egypt signed on Thursday a deal with Norwegian seismic surveyor PGS company to carry out the largest seismic exploration project in Egypt's territorial waters in the Mediterranean Sea
“Oil subsidies during the current FY (to end June 30) amounted to 70 billion EGP, down from an estimated 100 billion EGP in the state budget,” Molla said.
A senior official at the National Iranian Gas Export Company (NIGEC) says Iranian companies are planning to export gas-generated electricity to five neighboring countries.
Heavy investment in LNG facilities over the last 20 years and a vast ramp-up in production has made Qatar the world’s largest LNG exporter, driving the establishment of a global LNG market.