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Category archives for naturalgas

Turkey uses Azerbaijani gas to face the energy crisis with the onset of winter Through a deal to import 11 billion cubic meters for 3 years

  • 15 October, 2021
  • 3:06 pm EEST

Many countries, led by Turkey, are seeking to secure their natural gas needs by concluding agreements and contracts with producing countries, after gas prices in the spot market witnessed record increases during the recent period. In this context, the Turkish…

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Natural gas.. China’s key to carbon neutrality

  • 08 October, 2021
  • 12:00 pm EEST

Natural gas fits into China's strategies to diversify its coal-dominated energy mix, as it will contribute to its transition to carbon neutrality in hard-to-decarbonize sectors by 2060. A recent report - published by the international energy consultancy Wood Mackenzie -…

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Qatar Petroleum signs an agreement to supply 3.5 million tons per year of LNG to China for 15 years

  • 29 September, 2021
  • 2:55 pm EEST

Qatar Petroleum has signed a long-term sale and purchase agreement with CNOOC Gas and Energy Trading and Marketing Co., Ltd., a subsidiary of China National Offshore Oil Corporation (CNOOC). Under the agreement, 3.5 million tons per year of LNG will…

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Qatari Energy Minister: Lack of investment is behind the crisis of high gas prices

  • 21 September, 2021
  • 3:01 pm EEST

Saad Al-Kaabi says his country does not plan to return to OPEC Qatari Energy Minister Saad Al-Kaabi revealed the reasons behind the rise in global gas prices during this period, and record levels, with the approach of winter. The CEO…

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