Egypt Secures 5 years of Gas Needs Through Regasification Units: Madbouly

• Thursday, 7th August 2025
• by Doaa Ashraf

Egypt has secured a stable and reliable system to meet its natural gas needs for the next five years through the floating, storage, and regasification units (FSRU), Prime Minister Mostafa Madbouly stated during the Ca...

Affinity V Oil Tanker Refloated After Running Aground at the Suez Canal 

• Thursday, 1st September 2022
• by Fatma Ahmed

Suez Canal Authority (SCA) Chairman Osama Rabie has announced the successful refloating of the Affinity V oil tanker and its navigation movement returned to normal after it ran aground due to a technical issue with th...

Egypt to Float Benzene Prices in March

• Thursday, 27th December 2018
• by Sarah Samir

Egypt plans to announce its pricing mechanism for 95-octane benzene by the end of December 2018, to start linking the product to international prices in March 2019, a senior Egyptian official told Bloomberg. The gover...

Turkey Gets Its First FSRU

• Tuesday, 20th December 2016
• by Egypt Oil & Gas

The floating, storage, and re-gasification unit (FSRU) Neptune, previously known as GDF Suez Neptune, has arrived near Aliaga on the Agean Sea where it will be used as Turkey’s third liquified natural gas (LNG) import...

Iran in Talks with Anonymous Floating LNG Company

• Sunday, 12th July 2015
• by Egypt Oil & Gas

Iran is in talks with the biggest floating LNG company for production of liquefied natural gas, head of the National Iranian Gas Company Alireza Kameili said on Thursday. The company, which he did not name, will come ...