China Signs 30-year Deal for Russian Natural Gas , worth US$400 Billion


China Russia Sign Natural Gas Deal , Worth US$400 BillionJNN 23 May 2014 SHANGHAI — China signed a landmark $400 billion deal Wednesday to buy natural gas from Russia, binding Moscow more closely to Beijing at a time when President Vladimir Putin’s relations with the West have deteriorated to the lowest point ever. Continue reading

Iran will Export 2bcm Natural Gas to Europe via Turkey , while its revenue of Gas Exports will Surpass USD10 bn


Iran Exporting Gas to Europe via TurkeyJNN 18 May 2013 TEHRAN – Turkey will to transit 2 billion cubic meters of Iranian gas annually to Europe, While revenue from gas exports will surpass USD 10 billion per year the Mehr News Agency reported on Wednesday. Continue reading

Egyptian CNG pipeline to Israel, Jordan bombed


JNN 04 July 2011 : An Egyptian pipeline carrying natural gas to Israel and Jordan in the Sinai Peninsula has been bombed, causing a fire and halting the gas flow. Continue reading

5 new gas, oil fields discovered in Iran


JNN 17 May 2011 TEHRAN – Iran has discovered 5 new oil and gas fields which hold over 500 million barrels of oil and 5 trillion cubic feet of gas, the exploration director of the National Iranian Oil Company announced here on Monday.  Continue reading

Egyptian's pressure paying as Mubaraks being arrested for Corruption in Gas Export to Israel


JNN 14 April 2011 : Ailing deposed 82-year-old Egyptian President Hosni Mubarak and his two sons have reportedly been arrested and placed in detention for 15 days. Continue reading

Egyptian’s pressure paying as Mubaraks being arrested for Corruption in Gas Export to Israel


JNN 14 April 2011 : Ailing deposed 82-year-old Egyptian President Hosni Mubarak and his two sons have reportedly been arrested and placed in detention for 15 days. Continue reading

Egypt Fueling Israel , sign natural gas deal


 

JNN 14 Dec 2010 : An Israeli firm has signed a multi-billion-dollar agreement with Egypt’s East Mediterranean Gas (EMG) company to buy Egyptian natural gas for the next 20 years.

Based on the contract, EMG will provide Leisrael 1.4 billion cubic meters of gas annually for 20 years, one of the shareholders in EMG said on Monday.

The gas delivery will begin in the first or second quarter of 2011. The 4.2-billion-dollar contract’s value is estimated to reach USD 10 billion over time.

The new deal is in addition to an agreement EMG signed in 2008 with US-Israeli consortium Yam Thetis to sell 2 billion cubic meters of natural gas through 2015, fertilizer and specialty chemical maker Israel Chemicals (ICL) said.

EMG is a joint company owned by Egyptian businessman Hussein Salem, Egypt Natural Gas Co, Thailand’s PTT, Israel’s Merhav Group, Ampal-American Israel Corp (AMPL.O) and American businessman Sam Zell.