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US-Russian competition over the European energy market threatens more turbulence in ties in the traditional rivals. (AFP)
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Saad Al Kaabi, chief executive of Qatar Petroleum REUTERS/Naseem Zeitoon
Qatar to Increase Gas Production by 30% Amid Arab Crisis
London– Qatar is planning to increase its liquefied natural gas (LNG) production capacity by 30 percent to 100 million tons from 77 million tons per year, Qatar Petroleum’s CEO Saad al-Kaabi announced. During a press conference, Kaabi said that the new...Caption:
A company logo is seen at the sales office of Novatek, Russia’s largest independent natural gas producer, in Moscow September 16, 2012. REUTERS/Maxim Shemetov
Russian Gas Producer Novatek Aims to Knock down Qatar from LNG Top Spot
Russian gas producer Novatek aims to topple Qatar as the world’s biggest exporter of liquefied natural gas as it gets closer to completing its first LNG project, a top executive said, batting away concerns about US sanctions on the sector. The country’s...Caption:
Saudi Arabian Crown Prince Salman Bin Abdulaziz, left, is greeted by Japanese Prime Minister Shinzo Abe for their talks at the prime minister’s official residence in Tokyo on February 19, 2014. (AFP Photo/Pool/Yoshikazu Tsuno)
Japan sees ‘paradigm shift’ in relationship with Saudi Arabia, say diplomats
Riyadh, Asharq Al-Awsat—Following Crown Prince Salman Bin Abdulaziz’s visit to Japan last week, a number of Japanese diplomats have said the visit will lead to a “paradigm shift” in economic and diplomatic ties with Saudi Arabia. Speaking to Asharq Al-Awsat, a...Caption:
An aerial view shows the third gas refinery of South Pars gas field in Assalouyeh, Iran, on the northern coast of the Persian Gulf, January 27, 2011. On Monday sources at Qatar Petroleum said the state-run oil and gas producer had offered to help Iran develop its share of the South Pars field, the world’s largest. (AP Photo/Vahid Salemi)