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LNG
Economy
Natural gas shortage drives 54 percent surge in Egyptian fertilizer prices
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously
Saudi Arabia
Saudi Aramco, NextDecade sign 20-year LNG supply deal
Aramco to purchase 1.2 MTPA of LNG from NextDecade's Rio Grande Terminal under proposed agreement
Energy
ADNOC awards $5.5 billion contract for Ruwais LNG plant
Project to more than double ADNOC’s existing UAE LNG production capacity to around 15mmtpa
Energy
Kuwait new energy strategy takes off but oil still dominates
Revival of projects in the energy sector key to the country’s development
Energy
ADNOC acquires 10 percent stake in major LNG development in Mozambique
Mozambique's Coral South LNG development has a production capacity of almost 3.5 mtpa
Economy
Qatar’s real GDP to gradually pick up to 1.75 percent in 2024-2025: IMF
Qatar's medium-term outlook is more favorable with the IMF expecting growth to reach close to 4.5 percent
Energy
ADNOC makes first major U.S. investment with 11.7 percent stake in NextDecade’s LNG project
ADNOC also signed a 20-year LNG off-take agreement for 1.9 million tonnes per annum of LNG
Energy
QatarEnergy inks historic $6 billion agreement to build 18 ultra-modern LNG vessels in China
LNG supplies from Qatar to China reached around 17 million tons in 2023
Energy
Oman LNG signs 10-year supply agreement with TotalEnergies
TotalEnergies also announces final investment decision for Oman's Marsa LNG project
Energy
Oman LNG inks 10-year supply contract with Japanese firm JERA
Oman LNG will supply up to 0.8 million metric tons of LNG annually to JERA starting in 2025
Economy
Middle East economy remains robust despite oil cuts, geopolitical turbulence: Report
Green finance emerges as major player in supporting economic diversification efforts
Energy
QatarEnergy forges agreements with 4 international shipowners to operate 19 new vessels
The 19 conventional LNG vessels have a capacity of 174,000 cubic meters each
Energy
Oman LNG inks deal to provide LNG supply to Germany’s SEFE
The LNG deliveries from Oman to Germany scheduled between 2026 and 2029
Economy
Qatar’s fiscal strength, gas expansion plans earn ‘AA’ rating upgrade: Report
The report expressed confidence in Qatar's debt-to-GDP ratio
Energy
ADNOC signs 15-year LNG supply deal with German energy firm
Strategic deal reinforces ADNOC's role in global energy transition
Energy
LNG market disrupted by Red Sea crisis, prices fall sharply
Stability attributed to relatively mild winter, robust stockpiles
Qatar
Qatar to raise LNG production capacity to 142 Mtpa by 2030
This target represents a 85 percent increase compared to the current production levels
Economy
Qatar’s economic growth normalizing: IMF report highlights resilience, favorable outlook
Expansion in LNG production and reforms to drive average growth of 5.5 percent
Sustainability
ADNOC Gas inks 10-year deal with Indian firm to supply 0.5 million tons of LNG
Global demand for LNG rises in sustainable energy transition
Sustainability
World’s largest cruise ship sets sail, raises environmental concerns
Royal Caribbean's Icon of the Seas raises concerns over methane emissions
Economy
Qatar’s credit rating upgraded to Aa2 by Moody’s on strong LNG demand, fiscal improvement
First upgrade since 2007
Saudi Arabia
Aramco forms $3.3 billion joint alliance for LNG project in Saudi Arabia
Al-Riyas project expected to boost Saudi economy and job creation
Logistics
Qatari LNG resumes Red Sea shipments despite tensions
LNG ships navigating around the Cape of Good Hope to reach Europe
Sustainability
UAE’s ADNOC inks first 15-year LNG supply deal with China’s ENN
Targeting first sales in 2028
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