Floating Terminal
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UAE Delays Construction of LNG Import Facility
Wednesday, 4th May 2016
Abu Dhabi indefinitely postponed the construction of the first onshore LNG import facility in the busy oil port of Fujairah in favor of a floating supply terminal. -
Egypt’s EGAS to Finalize Gas Tender This Month
Wednesday, 6th May 2015
Abdul Badie: 9 companies invited to compete and supply gas shipments per week -
Oman May Issue Tenders Soon for Floating Storage Unit
Wednesday, 29th April 2015
Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile Exchange (DME), trade sources said on Tuesday. -
Update: Egypt to Receive 2nd LNG Floating Terminal
Monday, 27th April 2015
After Ministry of Petroleum's announcement earlier last month of the arrival of a 2nd terminal in August of this year. EGAS reported that plans to receive the floating terminal in Ain Sokhna have changed for security reasons.
Latest News
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Official Gazette publishes Law authorizing Oil Exploration Contracts in Sidi Barrani
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Norpetco Inaugurates HSE Project with $1.3 MM
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.73 | +2.00% |
Crude Oil (Brent) Brent | USD/bbl | 65.70 | +1.99% |
NYMEX Natural Gas | USD/MMBtu | 2.79 | +0.65% |
OPEC Basket Price | USD/bbl | 65.42 | +2.22% |
Last Modified March 1, 2021