LNG

Saudi Arabia and Kuwait have been pushing their claim in recent days to the offshore Durra natural gas field in the Arabian Gulf that is also being claimed by Iran and the Iranians have threatened to move in now and start drilling.

QatarEnergy selected ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project comprising two LNG mega-Trains with a combined capacity of 16 million tonnes per annum and said free markets in energy were the best ways forward.