Exports | Egypt Oil & Gas - Part 4

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 ...

GASCO’s Natural Gas Exports Increase by 33% in 2022

The Chairman of Egyptian Natural Gas Company, Yasser Salah El Din, stated that the total amount of natural gas transported through the national grid reached 72 billion cubic meters (bcm) and the natural gas export ...

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 ...

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