Kurds Progress $3Bn Gas City Amid Rising Iraqi Oil Tensions

UAE-based Dana Gas and its partner and shareholder Crescent Petroleum announced on 29 July that a 462mn cu ft site has been allocated for its planned Kurdistan Gas City.

Shifting trends in global energy consumption are being reflected in shipments through the Suez Canal and Sumed pipelines, the two conduits that enable Egypt to exploit its unique position between the Gulf and the Atlantic Basin.

Qatargas 2 Train 4 – the first of a new generation of LNG ‘megaprojects’ – is nearing its start-up date.

The recently announced joint venture between Abu Dhabi government investment/industrialization vehicle Mubadala and US diversified technology, media and financial services giant GE is significant for both parties.

Constrained refining capacity has been frequently identified as one of the key reasons for the rise in crude oil prices over the last two years.