Qatar LNG industry set for bigger and wider horizons Qatar’s recent announcement on scaling up its LNG production capacity to 126mn tonnes per year (tpy) by 2027 will have a multiplier effect on the national economy over the coming decades. The production boost represents a huge 64% increase on the current 77mn tpy and help […]

Gas ‘indispensible’ in mitigating climate change: GECF Natural gas is an ‘indispensable’ part of the global energy mix needed to limit the impact of climate change and protect the environment, the Gas Exporting Countries’ Forum (GECF) said. In a communique following the GECF’s 5th Gas Summit in Malabo, Equatorial Guinea, the forum said natural gas […]

INTERNATIONAL: PTT of Thailand reveals regional LNG trading plan Bangkok- PTT, the national oil and gas conglomerate, wants to become a regional trader of liquefied natural gas (LNG) with a plan to increase the utilisation rates of two LNG facilities in Rayong and to develop markets in neighbouring countries. Yesterday PTT unveiled its LNG trading […]

INTERNATIONAL: Omnitek Engineering Enters Strategic Agreement for 13-Liter Natural Gas Engine Omnitek Engineering Corp. says it has entered into a Securities Purchase Agreement with G.ON Global Investments SRL, a limited liability company organized under the laws of Romania. G.ON Global was established by one of the original founders of Bucharest-based G.ON SRL, an Omnitek Engineering […]

NATIONAL: RIL’s e-auction mechanism for new KG-D6 gas; bidding likely on Oct 11 This discovered price would, however, be capped by a ceiling set by the government every six months for gas produced from difficult fields Thirteen years after it first undertook a price discovery exercise for natural gas, Reliance Industries, along with UK partner […]