Exports | Egypt Oil & Gas - Part 3

Finance Ministry Announces New Procedures to Exempt Oil Companies from Fines to Boost Exports

New measures have been taken to exempt petroleum companies from fines and to stimulate exports, as these companies were allowed to adjust the quantities exported documented according to the actually shipped within ...

Qatar to Ink Record Volume of LNG Deals in 2023

The Qatari Minister of Energy, Saad Al-kaabi, said that his country will sign record volumes of long-term liquefied natural gas (LNG) offtake contracts in 2023.

Iran’s Natural Gas Exports Rose to 18.9 bcm in 2022

According to data released by the Energy Institute (EI), Iran's natural gas exports has reached 18.9 billion cubic meters (bcm) in 2022, increasing by 9% compared to 17.3 bcm in 2021, IRNA reported.

Equinor Inks Long-Term LNG SPA with Cheniere

Equinor and Cheniere have signed a new 15-year sales and purchase agreement (SPA) to allow Equinor to purchase approximately 1.75 million tonnes per annum (“mtpa”) of LNG from Cheniere Marketing on a free-on-board ...

Egypt’s LNG Exports Reach a Remarkable 600,000 Tons in April Alone

The total amount of LNG that Egypt exported during the period from the beginning of January to April rose to 2.5 million tons.

Egypt LNG Exports Reach 1.9M Tons in Q1 2023: OAPEC

The Organization of Arab Petroleum Exporting Countries (OAPEC) revealed that Egypt's liquefied natural gas (LNG) exports reached 1.9 million tons in Q1 2023.

Japan’s Osaka Anticipates Profit Jump in FY2023/2024 After Freeport LNG Resumption

Osaka, the Japanese gas company based in Osaka, anticipated that after the resumption of Freeport LNG's export plant, which was shut down after a fire in June 2022, its net profit will double to 116 billion yen ($ ...

Petroleum FDIs Record Net Outflow of $857.5M in H1 2022/23

Foreign direct investments (FDIs) in the petroleum sector recorded a decline in net outflow by $277.9 million, to be $857.5 million during the first half of fiscal year (FY) 2022/23.

Fitch Solutions: Egyptian Petrochemical Sector Exports Grew 45% in 2021

Fitch solutions announced that the Egyptian petrochemical, chemical, and cements industry exports has grown by 45% reaching to $ 6.7 billion by 2021 driven by natural gas growth and high prices.

Egypt Excels As a Key LNG Exporter to the EU: World Bank Report

The LNG has been transported through pipelines from both Azerbaijan and Norway, and of these countries, only Egypt, the United States, and Angola have made significant progress in converting the gas associated wit ...

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