imports | Egypt Oil & Gas - Part 7

Mostorod Refinery to Decrease Egypt’s Diesel Imports by 50%

Egypt will start trial operations at the Mostorod refinery complex in December 2018 and prepare for the actual operations to start in Q1 2019 which will contribute to decreasing diesel imports by 50% as the refinery w...

Butane Consumption Decreases by 7.6% YOY in July

Egypt’s butane consumption decreased by 7.63% year-on-year (YOY) as the country used 284,600 tons in July 2018, compared to 308,100 tons in July 2017, Egypt Oil & Gas reports. Statistics published by the Central A...

Morocco Prepares Bid Round for $4.5B LNG Project

Morocco is preparing a tender for a liquified natural gas (LNG) project in the Atlantic port of Jorf Lasfar, Energy Minister Aziz Rabbah announced on October 1, according to Reuters. The project will allow the country...

Egypt Imports 17 LNG Cargos in Q1 2018/19

Egypt has imported a total of 17 liquefied natural gas (LNG) cargos during Q1 of fiscal year (FY) 2018/19 worth $500 million, ministry spokesman Hamdi Abdel Aziz has said, according to Reuters. Egypt will now halt imp...

Israel, Egypt Gas Partners Acquire Controlling Stake in EMG Pipeline

Noble Energy, Delek Drilling and Egypt East Gas Company have purchased a 39% stake in the Eastern Mediterranean Gas Company paving the way for Israel to begin exporting natural gas to Egypt, Noble announced in a press...

El Molla: Egypt to Stop LNG Imports

Egypt will halt imports of liquefied natural gas (LNG) after receiving a final shipment in late September, Minister of Petroleum Tarek El Molla has said in an interview. The minister told Amr Adib on El Hekaya that th...

Egypt to Save $3B in Halting LNG Imports: Anonymous Source

The Ministry of Petroleum has estimated that the country will save around $3 billion as a result of halting liquefied natural gas (LNG) imports during fiscal year (FY) 2018/19, a source told Al Borsa. Egypt has been p...

EGAS Renews Initial Approvals for Gas Import Licenses

The Egyptian Natural Gas Holding Company (EGAS) has renewed the initial approvals for applications made by BB Energy Trading Company, TAQA Arabia, and Energy Fleet to obtain gas import licenses, a source at the compan...

Butane Imports Decrease by 16.4% YOY in June 2018

Egypt’s butane imports decreased by around 16.4% year-on-year (YOY) as the country imported 139,800 tons in June 2018, compared to 167,600 tons in June 2017, Egypt Oil & Gas reports. The new figures publishe...

Russian Petroleum Exports to Egypt Increase by 84%

Egypt imported $481 million of oil and gas products from Russia in the first six months of 2018, an 84% increase from the same period in 2017, Daily News Egypt reported quoting the Russian Head of Trade Representation...

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