gas Archives

2 min

Business

QatarEnergy, Sinopec ink major 27-year LNG agreement, longest of its kind in the industry

Four million tonnes of liquified natural gas (LNG) will be delivered to China through Qatar’s North Field East (NFE) expansion project. QatarEnergy is supplying four million tonnes of liquified natural…

3 min

Europe’s proposal to cap gas prices ‘hypocritical’: Qatar’s energy minister

Qatar was approached by several European countries in an effort to secure their energy supply. Europe’s proposal to cap gas prices is “hypocritical” as it goes against anti-competition rules designed…

2 min

QatarEnergy names Shell as second partner in North Field South project

Discovered in 1971, the North Field covers an area of 9,700 square kilometers. QatarEnergy named Shell as its second partner in the North Field South (NFS) project on Sunday, granting…

2 min

QatarEnergy to top LNG trade within the next five-to-10 years: minister

The Gulf state is working on expanding its liquified natural gas (LNG) capacity from 77 million metric tonnes to 126 million tonnes by 2027. QatarEnergy is set to become the…

3 min

Qatar minister receives ‘Energy Executive of the Year’ award

The energy official had received the award earlier this year for his “pivotal role in developing” the Gulf state’s natural gas capabilities over the past decade. Qatar’s Minister of State…

2 min

QatarEnergy announces world’s largest blue ammonia plant

Blue ammonia is created in the production process of regular ammonia. When CO2 is generated in the process. QatarEnergy Renewable Solutions and Qatar Fertiliser Company (QAFCO) inked a major agreement…

2 min

Qatar trade balance surplus jumps as India dominates exports

Petroleum and crude oil exports reached around QAR six billion, showing a 35% increase. Qatar’s trade balance surplus jumped by 78% on a year-over-year basis in July, amounting to QAR…

2 min

QatarEnergy’s 132% spike in profits showcase post-pandemic recovery

The Gulf state has the world’s third-biggest proven natural gas reserves. QatarEnergy’s net profit in 2021 witnessed a 132% spike, amounting to QAR 92 billion as the company moves towards…

4 min

Qatar’s abundant sovereign wealth fund assets ease ‘high’ debt obligations: report

Liquified natural gas flows from Qatar to Europe has remained flat in the first half of 2022 with no fluctuations, despite early expectations detailing otherwise. Qatar’s monetary abundance in foreign…

gas