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    Local, Italian companies partner up to establish food retail chain in Egypt

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    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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    Azerbaijan, Iraq discuss prospects of relations

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    Oman inks pack to bolster role of SMEs in food systems

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      Turkey eyes $5bn bilateral trade with Qatar

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      Iraq set to award new Faw Port deals

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      Deal signed to set-up first factory in Qatar to assemble electric vehicles

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      Iraq set to award new Faw Port deals

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      Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

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      Miral’s premier Abu Dhabi waterfront project work on track

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        Investments in renewables in Egypt reach LE6 bn: Official

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        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

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        JGC lands $3.7bn Iraq refinery upgradation project deal

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        Tadweer opens phase 2 of solar power plant at Al Dhafra

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        France to help Iraq generate electricity, will invest in education, science: Macron

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        Acwa Power inks finance deals for 900MW Dubai solar park

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          Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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          UAE sends medical aid to Iraq to fight COVID-19

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          COVID-19 vaccine could be available by autumn: Oxford University

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          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

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          Saudi to be among world’s big leisure tourism hubs by 2030

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          Qatar’s hospitality sector peaks despite turbulent 2020

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          Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

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          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Azerbaijan, Iraq discuss prospects of relations

          Azerbaijan, Iraq discuss prospects of relations

          Oman inks pack to bolster role of SMEs in food systems

          Oman inks pack to bolster role of SMEs in food systems

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          MAFWR, Port of Duqm sign MoU

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            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Turkey eyes $5bn bilateral trade with Qatar

            Turkey eyes $5bn bilateral trade with Qatar

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Local, Italian companies partner up to establish food retail chain in Egypt

            Local, Italian companies partner up to establish food retail chain in Egypt

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            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Miral’s premier Abu Dhabi waterfront project work on track

            Miral’s premier Abu Dhabi waterfront project work on track

            Aecom wins Neom utilities infrastructure design contract

            Aecom wins Neom utilities infrastructure design contract

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              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              France to help Iraq generate electricity, will invest in education, science: Macron

              France to help Iraq generate electricity, will invest in education, science: Macron

              Acwa Power inks finance deals for 900MW Dubai solar park

              Acwa Power inks finance deals for 900MW Dubai solar park

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                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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                UAE sends medical aid to Iraq to fight COVID-19

                UAE launches phase III trial of inactivated Covid vaccine

                UAE launches phase III trial of inactivated Covid vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                COVID-19 vaccine could be available by autumn: Oxford University

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                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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              Qatar to reduce carbon footprint with major projects            

              Oxford Business Group

              May 21, 2015
              in Oil & Gas, Renewable Energy
              0

              Extensive investments in gas recovery technology look set to reduce Qatar’s carbon footprint, with newly opened facilities aiming to boost production and earnings whilst minimizing wastage.

              Described as one of the largest environmental protection developments in the world, the Jetty Boil-Off Gas Recovery Project (JBOG) was officially inaugurated in April despite starting operations at the end of last year. The $1bn facility at Ras Laffan Industrial City captures gas which would otherwise be lost in the process of loading liquefied natural gas (LNG) tankers.

              The Ras Laffan terminal, operated by Qatargas, has the capacity to load six LNG ships at the same time, making it the world’s largest LNG export terminal. During the process, it is estimated that 1% of gas is lost, or boiled off during the loading process, due to the chilled liquid gas being pumped into the warmer tanks of the LNG carriers. In most cases there is no mechanism to collect this low-pressure gas and it has to be flared or burnt off.

              The JBOG facility will help reduce Qatar’s greenhouse gas emissions by up to 1.6m tons annually, capturing 90% of the gas that would otherwise be lost and helping to lower the country’s carbon production and release levels.

              The facility, which has recovered gas from 500 vessels loaded at the terminal since it began operations, counts Qatar Petroleum, ExxonMobil, Total, ConocoPhillips and Shell amongst its major stakeholders. During the launch ceremony, Saad Sherida Al Kaabi, president and CEO of Qatar Petroleum and chairman of Qatargas, said the JBOG Project was the largest and most comprehensive of the group’s initiatives to exploit the country’s resources and protect the environment. “The JBOG Project demonstrates the commitment of Qatar to balance industrial development with care for the environment,” he said.

              Earnings potential
              The project represents a significant investment in terms of its contribution to the economy due to the fact that the recovered gas will be reprocessed so it can either be exported as LNG or used as gas fuel.

              Working at full capacity, the unit can recover around 2.8m cu meters of natural gas per day, giving an annualized total of 600,000 tons of LNG − a considerable addition to Qatar’s LNG output of 77m tons last year. While lower gas prices may mute the returns from the JBOG plant in the shorter term, commercial gains from the project will improve if energy prices rise.
               
              Declining energy prices will inevitably impact Qatar, as will the increasingly competitive nature of the LNG global market, given Qatar position as the world’s largest LNG exporter. Yet Qatar is well equipped to deal with such challenges, given the size of its reserves, the long-term commitment of its international and local partners, and its financial reserves.

              QAFAC boosts output through recovery
              Another project aimed at reducing emissions and adding value to production processes was announced in February. Qatar Fuels Additives (QAFAC), a joint venture between Industries Qatar and OPIC Middle East, developed the QR145.5m ($40m) carbon dioxide recovery unit at its Mesaieed Industrial City site. The plant has the capacity to recover 500 tons of carbon dioxide daily, with the captured gas to be turned into methanol.

              Speaking at the launch of the facility in February, QAFAC CEO Nasser Jeham Al Kuwari said initial results of the project had shown an improvement in both output and earnings. “After conducting a thorough feasibility study to examine the technical and economical benefits of the project, a cost analysis showed the project has definitely helped increase our production and profit,” he said.

              The recovery unit is expected to boost QAFAC’s methanol output by around 90,000 tons annually, adding to the roughly 1m tons the company produced through additional investments by the end of last year.
              Oxford Business Group
              21 May

               
               
               
               
               
               
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