Qatar | Egypt Oil & Gas - Part 11
Qatar to Increase Annual LNG Production by 29.87%
Qatar Petroleum aims to increase its liquified natural gas (LNG) output by almost a third, ShipInsight reported. The new strategy will see the company’s output rise from 77 million tons to 100 million tons per y...
Qatari LNG Delivery Rate Grows Despite Sanctions
The rate of Qatar’s liquified natural gas (LNG) delivery increased due to the country’s efforts to expand its huge LNG industry, Oil Price reports. The LNG exports increased despite the Gulf sanctions placed by Egypt,...
Qatargas, OMV Sign LNG Agreement
Qatargas signed a contract to deliver 1.1 million tons of liquefied natural gas (LNG) to OMV annually for five years, Reuters reports. The first shipment will arrive in January 2019, according to Reuters. The LNG will...
Some ME Oil Exporters Could Run Budget Surpluses
With rising oil prices, Iran, Iraq, Kuwait, and Qatar could run budget surpluses next year if prices remain stable, Bloomberg reports. Oil prices will float between $50 to $60 per barrel for the “medium term,” accordi...
Egypt Denies Importing LNG from Qatar
Egypt does not import liquefied natural gas (LNG) directly from Qatar and has not received LNG shipments from Qatar since the rule of former President Mohamed Morsi, according to an official in the Egyptian Ministry o... Egypt Has LNG Requests Rejected by Qatar
Qatar has truned down third-party requests of liquefied natural gas (LNG) supplies to Egypt, LNG Industry informed. The Gulf country provides around 60% of Egypt’s LNG imports, but trade relations have been shak...
UAE Replaces Qatar Condensate with US Oil Cargo
The United Arab Emirates (UAE) will import its first oil cargo from the United States (US), as the Gulf nation seeks alternative exporters to replace the Qatari condensate supplies after the current diplomatic conflic...
Qatar Targets New LNG Markets with Floating Terminals
Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG are collaborating on a joint project in order to expand Qatar’s liquefied natural gas (LNG) buyers’ market via floating import terminals, Reuters s...
