Sound Energy, Morocco-focused upstream gas company, has announced the signature of a binding 10 year LNG sales agreement for the Phase 1 development covering the sale of around 100 million cu/m of gas in a liquified form per year
Gas
Qatar Petroleum among the highest producers of offshore natural gas by 2025, suggests GlobalData
GlobalDatas latest report Global Offshore Upstream Development Outlook, 2021–2025’ reveals, Qatar Petroleum, National Iranian Oil Co, and Royal Dutch Shell Plc will be some of the highest producers of offshore natural gas, with production quantity of 2.6 bcf, 2.4 bcf and 1.2 bcf respectively, in 2025, from planned and announced projects
Natural gas demand growth set to slow in coming years, says IEA
Global gas demand is expected to rise by 3.6% in 2021 before easing to an average growth rate of 1.7% over the following three years, according to the IEA’s quarterly Gas Market Report, which also provides a new medium-term forecast
The Republic of Congo to launch Gas Master Plan at African Energy Week 2021
The Ministry of Hydrocarbons of the Republic of Congo will launch the country’s comprehensive Gas Master Plan (GMP) at the African Energy Week (AEW) 2021
‘Global LNG market faces supply deficit, higher prices from impact of Mozambique delays’
The global liquefied natural gas (LNG) market is set to get tighter and could even see annual supply deficits as a result of likely delays in the development of LNG projects in Mozambique due to the country’s worsening security situation, according to Rystad Energy report