EGAS is intensifying efforts to import natural gas and accelerate coordination with foreign companies for the implementation of gas development projects, all to solve the gas shortage afflicting the industrial sector ...
Reuters reported that Egypt is planning to rent a third floating storage and regasification unit (FSRU) late 2016 or early in 2017, in an effort to deal with gas shortage.
Khaled Abdel Badie, Chairman of EGAS, explained that while originally Egypt planned to rent a fourth Fuel Storage and Regasification Unit (FSRU), the Shorouk discovery has deemed the move unnecessary, reported Egypt ...
Tarel El Molla, Minister of Petroleum and Mineral Resources, said that that petroleum sector continues importing natural gas for the coming 5 years to meet the needs of electricity, and the local market, reported Egy ...
Sources at EGAS told Egypt Oil & Gas, that the 3rd floating Storage and Reclassification Unit (FSRU) ship is planned to arrive to Egypt the coming March of 2016.
Egyptian Natural Gas Holding Company (EGAS) postponed to mid-October the operation of a second floating storage and regasification (FSRU) ship that arrived last week to Ain Sokhna Port, as the pier were the ship is t ...
The Egyptian government is preparing the market for a possible third LNG import terminal for private use, even though the tender for the second is not settled and will not be for some time, sources say.