Blog
INDIA MOVES TO SECURE LNG SUPPLY IN STRATEGIC SHIFT TOWARD U.S. ENERGY.
India’s state-owned GAIL is in early talks for a long-term LNG supply deal with the U.S.-backed Alaska LNG project, marking a strategic move to bolster energy security while deepening trade ties with Washington. As New Delhi races to expand natural gas in its energy mix and reduce its carbon footprint, this potential deal could offer both economic leverage and geopolitical alignment, particularly as India seeks to counterbalance its trade surplus with the U.S. The proposed $44 billion Alaska LNG venture long delayed but gaining commercial traction is now courting major Asian buyers like GAIL, Thailand’s PTT, and Japan’s JERA, with a final investment decision expected by year’s end. But with global LNG prices and infrastructure costs still under scrutiny, GAIL’s final commitment will likely hinge on one critical factor: competitive landed cost.
- 1 year
EGYPT SETTLES $1BN DUES TO FOREIGN OIL COMPANIES.
Egypt has paid $1 billion in outstanding dues to foreign oil companies during the first week of July, according to a government official speaking to Asharq Business.
- 1 year
ECONOMIC ACTIVITIES IN MIDDLE EAST TO REMAIN STRONG: OPEC MOMR.
In 2025, demand for major oil products, including petrochemical feedstock, LPG/NGLs and naphtha, is expected to remain robust.
- 1 year
FUEL PRICES IN KENYA COMPARED TO TANZANIA, UGANDA AS EPRA HIKES PUMP COSTS.
Kenya's EPRA raised fuel prices significantly, placing a heavier burden on consumers compared to Tanzania, which recently cut pump prices. Uganda also faced rising costs due to fuel supply delays through Kenya, deepening the region’s reliance on cross-border logistics.
- 1 year
TPDC TO INSTALL SIX MOBILE CNG FILLING STATIONS IN TANZANIA.
TPDC is rolling out six mobile CNG filling stations in Dar es Salaam, Morogoro, and Dodoma to expand access to natural gas for vehicles and support Tanzania's clean energy transition. The project, combined with private sector investments, is expected to significantly boost CNG availability by the end of 2025.
- 1 year
PAKISTAN'S OIL AND GAS SECTOR SEES ACQUISITION.
A local energy company, Mari Energies, has announced a significant acquisition in Pakistan’s oil and gas sector, according to a press release shared by the Washington-based Specialty Energy Platform. The company has reached an agreement with Orient Petroleum to acquire stakes in three oil and gas exploration and production licenses.
- 1 year
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