Tag Archives: natural gas

Adnoc Distribution Setting Up Natural Gas Grids in Abu Dhabi

An executive for the state-run Abu Dhabi National Oil Company for Distribution (ADNOC) announced that his company is creating a natural gas grid in several residential areas in the emirate of Abu Dhabi. The company, which is popularly known as Adnoc Distribution, is concentrating its efforts at the moment on servicing the residential sector, but… Continue Reading

Barclays Analysts Predict That Natural Gas Discoveries Will significantly Strengthen The Israeli Economy In 2011

According to Barclays analysts “Tel Aviv’s main indices kick off 2011 at or near all-time highs, with a strong economic backdrop continuing to provide support…The banking sector is well capitalized, the emerging energy sector remains squarely in focus and the local technology sector is capitalizing on the fastest-growing trends in tech. While the markets are… Continue Reading

Natural Gas Discovery To Bring Significant Ramifications.

Another natural gas discovery has been located off the coast of Israel by Nobel Energy. The economic ramifications of this will probably be enormous. First, Israel will no longer need to import gas from Egypt, but will itself become an exporter. An increased supply of gas will lower the price of gas internationally, supply Israel… Continue Reading