Iran’s South Pars Gas Field Generates $130 Million Worth of Production Per Day
Iran’s South Pars Gas Field (SPGF) generates $130 million worth of output per day, according to Zargam Heydaria, an official from Bushehr province in southern Iran. The field has 13 refineries and 336 wells in the Persian Gulf producing more than 705 million cubic meters of gas per day, Heidariyeh …
American Gas Producer EQT Increased Dividends by 5%
American EQT Corp., engaged in the production and transportation of natural gas, increased its quarterly dividends by 5% – to 15.75 cents per share from 15 cents. According to the company’s press release, payments will take place on December 1. The closure of the register of shareholders is scheduled for …
New Natural Gas Field Discovered in Australia
The NED-1 well is located in the northern part of the Perth Onshore Basin, approximately 8.3 km southeast of the Lockyer Deep-1 natural gas field. Source
COP26: GECF Reminds the World “Energy for All” Achievable with Natural Gas
The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, has urged the international community gathered in Glasgow, UK, for UNFCCC COP26 to look for energy options that achieve the right balance between the post-COVID-19 economic and social requirements and climate actions, particularly for the …
Josep Borrell: EU will Need More Russian Gas
Europe is likely to need more Russian gas than has been agreed. This opinion was expressed by the EU High Representative for Foreign Affairs and Security Policy Josep Borrell. According to him, Russia wants Nord Stream 2 to open. “We still need Russian gas, and we will probably need more than [what …
Kazakhstan to Double Natural Gas Exports to China to 10 Bcm/year in 2019
Kazakhstan’s national gas shipping company KazTransGaz and PetroChina International Company on Monday inked a five-year contract to double Kazakh natural gas exports to China to 10 billion cubic meters/year from 2019. The deal comes as Kazakhstan increases gas production, with associated petroleum gas accounting for the bulk of the output, …
NOVATEK Announces Consolidated IFRS Results for Second Quarter and First Half 2014
In the second quarter and first half 2014, our total revenues increased by 52.3% and 27.7%, respectively, compared to the corresponding periods of 2013. The growth was mainly due to an increase in average prices for natural gas and liquid hydrocarbons, as well as higher liquid hydrocarbons sales volumes. Average …
Russian Government Committee Approves LNG Exports Liberalisation
A Russian government committee on Tuesday approved amendments to a law to end Gazprom’s monopoly on liquefied natural gas (LNG) exports which supporters say will bolster Russia’s LNG sector. Approval by the Legislative Committee is non-binding but the government usually implements the committee’s guidelines and submits them to parliament, which is dominated by allies of President Vladimir …
Natural gas to significantly accelerate development of Eastern Russia
The Gazprom headquarters hosted today the Press Conference entitled “Gazprom in Eastern Russia. Entry into Asia-Pacific Markets” on the threshold of the annualGeneral Shareholders Meeting. Taking part in the Conference were Vitaly Markelov and Alexander Medvedev, Deputy Chairmen of the Gazprom Management Committee, Oleg Aksyutin, Member of the Gazprom Management Committee, Head of the Gas Transportation, Underground Storage and Utilization Department, Pavel Oderov, …