LNG

Saudi Arabia warns Iran after attacks on world’s largest LNG hub RIYADH, Saudi Arabia — Saudi Arabia’s top diplomat delivered a blunt ultimatum to Tehran on Thursday, saying the kingdom and fellow Gulf states have only "limited" patience for further Iranian attacks and urging Iran to immediately "recalculate" its regional strategy. Foreign Minister Prince Faisal bin Farhan Al Saud, speaking at a news conference following a summit of Arab and Islamic leaders, said Gulf nations possess "very significant capacities and…

NEW DELHI/DUBAI — India signed a $3 billion liquefied natural gas supply deal with the United Arab Emirates on Monday, elevating India to the UAE’s top customer and deepening ties as the two countries pledged to expand trade and pursue a strategic defense partnership. Under the agreement, Abu Dhabi’s ADNOC Gas will supply 0.5 million metric tons of LNG annually to Hindustan Petroleum Corp. for 10 years. ADNOC Gas said the contract lifts the total value of its agreements with Indian buyers to more than $20 billion,…

Ethiopia opens first phase of Ogaden LNG project, pivoting from exports to power its own growth CALUB, Somali Region — Under a rinsed-blue sky and a brisk Ogaden wind, Ethiopia on Thursday inaugurated the first phase of its long-delayed liquefied natural gas project, a move that signals a decisive turn inward: from chasing export windfalls to fueling its own power grid, factories, and farms. Prime Minister Abiy Ahmed stood before an array of valves and silvered pipes at the Calub gas field and called the Ogaden LNG project…