Egypt to Launch LNG Tender in Q2 2018
Egypt is preparing to launch a tender for purchasing cargoes of liquefied natural gas in the second quarter of 2018, to be received during the third quarter of 2018.
Egypt is preparing to launch a tender for purchasing cargoes of liquefied natural gas in the second quarter of 2018, to be received during the third quarter of 2018.
The Egyptian Company for Gas Transportation and Delivery (Botagasco) sold 83.9 million butane cylinders in 2017, which is 20% higher than the 70.3 million cylinders sold in 2016.
The industrial sector is the top consumer as it depends heavily on natural gas to operate most of projects.
EGAS arranged importing three liquefied natural gas (LNG) shipments from France's Engie, to be delivered during the second quarter of 2018.
The Egyptian Natural Gas Holding Company (EGAS) approved amending certain terms in the contract between the company and manufacturers, regarding supplying natural gas to factories.
The Ministry of Petroleum and Mineral Resources is trying to approximate points of views between EGPC, EGAS and holding companies, and Taqa Gas Group.
The Egyptian Natural Gas Holding Company (EGAS) plans to issue an international outbidding to explore for crude oil and natural gas in 11 concession areas before June 2018.
The Egyptian Natural Gas Holding Company (EGAS) secured receiving five LNG cargoes during the second quarter of 2018.
The Egyptian Natural Gas Holding Company (EGAS) will launch a bid round within few days for nine areas, including six areas offshore the East Mediterranean Sea and three areas onshore the Nile Delta.
EGAS plans to drill and develop natural gas fields in the Mediterranean Sea in order to boost production to around 6 billion cubic feet per day (bcf/d) by the end of fiscal year (FY) 2017/2018, which will graduall ...