Selling US LNG to Europeans requires commercial terms, speakers say

Europe’s natural gas market is evolving from politically driven projects to commercial agreements, and US suppliers will need to move more aggressively on those terms if they expect to be a substantive part of it, speakers suggested at a Mar. 20 conference.  Source: News


Pearl to boost gas flow in Kurdish Iraq

Pearl Petroleum Co. Ltd., a five-company consortium based in Sharjah, has signed a 10-year gas sales agreement with the Kurdistan Regional Government that will allow production from Khor Mor natural gas field in Kurdish Iraq to increase to 385 MMcfd by yearend from 305 MMcfd at present.  Source: News


Gas flow starts at B15 field off Malaysia

Sapura Exploration & Production (Sarawak) Inc., Kuala Lumpur, has started production from B15 natural gas field off Sarawak, East Malaysia. The field, discovered in December 2010, is on Block SK310. Source: News


ADNOC, CNPC sign development deals for offshore concessions

Following closely a similar deal signed earlier this week with Total SA, Abu Dhabi National Oil Co. has signed agreements with China National Petroleum Corp. in which the Chinese company will be awarded stakes in two of Abu Dhabi’s new offshore concessions. Source: News