South Pars to Increase Output by 84 mcm/d by September
The daily output from South Pars gas field will rise by 84 million cubic meters (mcm) to 654 million cubic meters per day (mcm/d) by late September 2018.
The daily output from South Pars gas field will rise by 84 million cubic meters (mcm) to 654 million cubic meters per day (mcm/d) by late September 2018.
Qater has affirmed the need to maintain current oil supply curbs over the long-term to ensure the market continues to stabilise and guarantee that prices fully recover from the 2014 crash.
Qatargas announced signing a memorandum of understanding (MoU) with the Electricity Generating Authority of Thailand (EGAT) for Liquid Natural Gas (LNG) cooperation.
Qatar Petroleum aims to increase its liquified natural gas (LNG) output by almost a third.
The rate of Qatar’s liquified natural gas (LNG) delivery increased due to the country’s efforts to expand its huge LNG industry.
Qatargas signed a contract to deliver 1.1 million tons of liquefied natural gas (LNG) to OMV annually for five year.
With rising oil prices, Iran, Iraq, Kuwait, and Qatar could run budget surpluses next year if prices remain stable.