Exports | Egypt Oil & Gas - Part 3

Damietta Liquefaction Plant Exports 500th LNG Shipment

The Damietta Natural Gas Liquefaction Plant has succeeded in producing and exporting the 500th cargo of liquefied natural gas (LNG) since it started operating in 2005, after an eight-year hiatus before starting ag ...

El Molla: Egypt to Strengthen Cooperation with Italy to Boost LNG Exports to Europe

Minister of Petroleum and Mineral Resources Tarek El Molla said that Egypt is working on boosting cooperation with Italy to facilitate exporting liquefied natural gas (LNG) to European markets.

PDVSA Restricts Most Oil Exports for Contract Review

In a move to avoid payment defaults, the new CEO of Venezuela's PDVSA Pedro Rafael Tellecheahas stopped most oil export contracts while his team reviews them according to an internal document seen by Reuters and p ...

El Molla: Egyptian Petroleum Exports Surged to $18.2B in 2022

Minister of Petroleum and Mineral Resources Tarek El Molla stated that the past year 2022 witnessed the achievement of a record number of petroleum exports that amounted to $18.2 billion, the ministry said in a st ...

Egyptian Natural Gas Exports Hit a Record of 8M Tons in 2022

Egyptian natural gas exports surged to a record 8 million tons in 2022, compared to about 7 million tons in the previous year, the Ministry of Petroleum and Mineral Resources said in a statement about 2022 achieve ...

Egypt to Launch Oil, Gas International Bid Round Before the End of 2022

Egypt plans to launch an international bid for gas and oil exploration in the Mediterranean and the Western Desert before the end of this year, Minister of Petroleum and Mineral Resources Tarek El Molla stated.

GECF Countries Represent 72% of Global Gas Exports Since 2001

The GECF includes 19 countries from four continents and represents 72% of gas exports in the world since its establishment in 2001, pointing out that the total gas consumption represents 23% of the total global co ...

Electricity Rationalization Efforts Save More Natural Gas for Export

In a meeting to follow up on the progress of measures to rationalize electricity consumption, Minister of Petroleum and Mineral Resources Tarek El Molla praised the decision, asserting that it has contributed to s ...

El Molla: Egypt Targets Oil, Gas Investments of Up to $8B in 2022/23

Minister of Petroleum and Mineral Resources Tarek El Molla declared that Egypt seeks to achieve between $7.7 billion to $8 billion in oil and gas sector investments during fiscal year (FY) 2022/23.

Russia’s Economy Ministry Expects $337.5B in Energy Export Revenue

According to a document from the Russian economy ministry, higher gas export volumes coupled with increasing gas prices will increase Russia's energy export revenue to $337.5 billion this year, up 38% from 2021.

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