Qatar | Egypt Oil & Gas - Part 10

Qatar’s Nebras Power Buys 75% Stake in Dutch Solar Firm

Qatari investment company Nebras Power has acquired a 75% controlling stake in Dutch solar firm Zon Exploitatie Nederland, the Qatar News Agency announced on Twitter on September 16. Zon Exploitatie Nederland is a Dut...

Qatar Petroleum, HPL Sign Naphtha Supply Deal

Qatar Petroleum has a signed deal with India’s Haldia Petrochemicals (HPL) to ship 600,000 tons of light naphtha over three years, the company said in a press statement. The agreement is Qatar Petroleum’s first ...

Qatargas Signs 22-Year Deal to Supply LNG to China

Qatargas announced on September 10 that it agreed a 22-year liquefied natural gas (LNG) supply deal with China for the shipment of 3.4 million tons of LNG per year, Reuters reported. The Qatargas 2 project-venture bet...

Kuwait’s Crude Shipments to Japan Down 5.3% in July

Kuwaiti crude oil exports to Japan fell 5.3% in July year-on-year (YOY) to 216,000 barrels per day (b/d), the third consecutive monthly decrease, Kuwait News Agency (KUNA) reported. However, Kuwait’s share of total Ja...

Iran to Bring Two New South Pars Gas Refineries Online

Iran is preparing to bring two new gas refineries that cover phases 13, 22, and 24 of the South Pars gas field online, Managing Director of South Pars Gas Company Hadi Hashemzadeh-Farhang told the Islamic Republic New...

Qatar Petroleum Invest $20B in US Oil and Gas

Qatar Petroleum will invest $20 billion over five years in US oil and gas fields, Bloomberg reported. Qatar will likely announce a deal with the US “before the end of the year,” company CEO Saad Sherida al-Kaabi state...

Qatar Petroleum Buys Stake in Argentina Shale Reserve

State-owned Qatar Petroleum has acquired a 30% equity stake in the Vaca Muerta shale basin in Argentina after an agreement with ExxonMobil, United Press International (UPI) reported. Vaca Muerta contains roughly 16 mi...

Qatar Petroleum Launches Bidding for New Petrochemicals Complex

Qatar Petroleum (QP) has invited companies to bid for development and operation contracts for a new petrochemicals complex at Ras Laffan Industrial City, Reuters reported. The new petrochemicals complex will house an ...

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, according to Tehran Times. Managing Director of Pars Oil and Ga...

OPEC Cuts Necessary for High Oil Prices: Qatar

Qatar has affirmed the need to maintain current oil supply curbs over the long-term to ensure that the market continues to stabilise and guarantee that prices fully recover from the 2014 crash, Reuters reported. Qatar...

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