Sharjah Police: ‘Don’t give money to beggars’
Fighting the world’s biggest killer
Twist and shout
Smoking with child in car banned
“Your customers aren’t fools”
Behind the curtain of Simone Heng
Chatting with the man behind Dubai City Pass
A business discussion with the author of ‘Connect The Dots’
Saudi to develop Midyan gas field in 2013
Saudi Arabia will develop its Midyan natural gas field in the Red Sea in 2013, Oil Minister Ali Naimi said in comments reported on Tuesday in local media.
January 2, 2013 3:06 by Reuters
“The Midyan field will be developed in 2013 and it would start production within a short period. It would boost electric power plants run by gas instead of diesel, and both electricity and gas would reach industrial zones,” he said in the northern city of Tabuk, Saudi Gazette reported.
Saudi Arabian Oil Co (Saudi Aramco) will drill seven deep sea and offshore wells and build facilities at nearby Duba, its chief executive Khalid al-Falih said in Tabuk, Saudi Gazette reported.
The world’s top oil exporter is attempting to boost its output of natural gas, which it needs to meet rapidly climbing domestic power demand and to supply its strategically important petrochemical industry with raw materials.
Midyan was discovered in the 1980s but has not yet been developed. (Reporting By Angus McDowall; Editing by Jeremy Laurence)
More on All News
-
Online Learning On The Rise
-
Saudi’s Sipchem picks HSBC as adviser for Sahara merger
-
KOHLER Raids Counterfeit Center, Destroys Over 700 Products
-
Saudi Arabia Says MERS Coronavirus Kills Four More
-
Qatar Airways expands fleet
-
Pullman to have 150 hotels by 2020
-
Yemen to receive loan from Arab Monetary Fund in 2013
-
Qatar tightens caps on banks’ securities investment
-
Abu Dhabi’s Waha Capital Buys Stake In Healthcare Firm
-
Saudi Arabia plans to block WhatsApp within weeks
-
EgyptAir plane diverted after “fire” threat
-
MERS coronavirus claims another life
-
Back to pre-crisis peak
-
Nokia Lumia 720 launches ‘Man of Steel’ campaign
-
Dubai World unit sells UK asset to Brookfield
-
UAE banks ask to permit loan transfers for Emiratis
-
Indonesians protest at Jeddah consulate
-
UAE Regulator To Allow Trading In Share Offer Rights
-
Citigroup To Exit UAE Interbank Rate Setting Panel
-
World’s largest mall to get bigger
Lately on Kipp
-
Mile-high tower fit for a prince
-
CompTIA Middle East Research Reveals Focus on IT Recruitment to Boost Business Competitiveness and Security
-
Shift in strategy since acquisition – Paul Kenny
-
Online Learning On The Rise
-
Saudi’s Sipchem picks HSBC as adviser for Sahara merger
-
Alcatel-Lucent Enterprises announces Data Centre & LAN Infrastructure Agreement with Jumbo Electronics
