Tag: LNG

Mar 03

Qatar Halts LNG Output After Iranian Drone Attacks, European Gas Prices Surge Up to 50%

Qatar’s state-owned energy giant QatarEnergy has suspended production of liquefied natural gas (LNG) at its major export facilities after Iranian drone strikes targeted key infrastructure, triggering a significant disruption in global gas markets and a sharp rise in European gas prices. The halt in output follows retaliatory Iranian drone attacks that struck facilities in Ras […]

Jan 26

Africa’s Gas Potential Hampered by Infrastructure Deficits – AEC 2026 Outlook

Africa’s immense natural gas resources, exceeding 550 trillion cubic feet of undeveloped reserves, remain largely untapped due to critical shortages in regional transportation infrastructure, according to the African Energy Chamber’s State of African Energy 2026 Outlook. The report highlights that, despite a projected 60% surge in gas demand across the continent by 2050, inadequate pipelines, […]

Jun 08

South Africa Proposes $12B LNG Deal with U.S. to Secure Energy Transition

South Africa has proposed purchasing 75-100 million cubic meters of liquefied natural gas (LNG) annually from the United States over a ten-year period. This initiative aims to support South Africa’s shift from coal to natural gas and is part of a broader trade agreement that includes duty-free quotas for various exports