imports | Egypt Oil & Gas - Part 16
First Austrailan LNG Shipment Arrives to Egypt
Egypt is set to receive its first liquefied natural gas (LNG) delivery from Australia on Wednesday, live ship-tracking data on Reuters Eikon showed. The 159,760-cubic-metre cargo aboard the Woodside Rogers loaded at t...
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...
Egypt’s Petroleum Imports Up by a whopping 95%
Egypt’s petroleum imports increased 94.7 percent to LE7.82 billion in March from LE4.017 billion in the same period the previous year, state-run news agency MENA quoted the official statistics agency CAPMAS repo...
EGPC to Allow Private Sector to Use National Natural Gas Grid
EGPC’s board of directors decided during an internal meeting yesterday to allow the Egyptian private sector to use the national grid for natural gas, if and when gas is imported from abroad, announced EGPC CEO Tarek E...
Iran Facing Gas Crunch thanks to ‘Wasteful’ Domestic Consumption
Iranian officials have issued fresh warnings over the rising consumption of natural gas in the country. The National Iranian Gas Company (NIGC) said on Monday that Iran will not have enough gas to provide the houses i...
Banque du Caire Issues Letters of Credit Worth $36m to EGPC
Ayman Mukhtar, General Director of the Banque du Caire’s Corporate Credit Sector, announced that his bank has agreed this week to open a credit line worth m for EGPC to import crude oil. In statements made to Al-Bours...
Egypt’s LNG Imports to Hit $3.55 bn
Egypt will import around $3.55 bn worth of liquefied natural gas (LNG) in the current financial year, an EGPC official said to Reuters on Tuesday. “The cost of the LNG that will be imported during 2015-2016 will...
Egypt’s Oil Exports Drop
The state’s Central Agency for Public Mobilization and Statistics (CAPMAS) reported last Sunday a 22.1 percent drop in exports’ value, standing at EGP12.03 bn in January 2015, in comparison to last year’s ...
