FSRU | Egypt Oil & Gas - Part 4

EGAS: Valiant Efforts to Resolve Industry’s Gas Crisis

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 ...

Egypt to Rent 3rd FSRU By 2017

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. The new date contradicts with earlier reports...

Khaled Abdel Badie: Egypt Will Not Obtain a 4th FSRU

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 O...

Tarek El Molla: Egypt to Continue Gas Imports for 5 Years

Tarek El Molla, Minister of Petroleum and Mineral Resources, said that that petroleum sector will continue to import natural gas for the coming 5 years to meet the needs of electricity, and the local market, reported ...

3rd FSRU to Arrive in March

Sources at EGAS told Egypt Oil & Gas,  that the third floating Storage and Reclassification Unit (FSRU) ship is planned to arrive to Egypt the coming March of 2016. The second FSRU arrived to Ain Sokhna port at th...

EGAS: Postponing of Operation of 2nd FSRU

Egyptian Natural Gas Holding Company (EGAS) postponed to mid-October the operation of the second floating storage and regasification unit (FSRU) ship that arrived last week to Ain Sokhna Port, as the pier where the sh...

Egypt’s Second FSRU Arrives in Ain Sokhna

The second Floating Storage and Regasification Unit (FSRU) arrived in the Egyptian port of Ain Sokhna, Reuters reported. FSRU’s are ships meant to process and re-gasify LNG shipments. They are similar to importi...

Egypt to Introduce 3rd Floating LNG Terminal

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. Last week, Egy...

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