LNG | Egypt Oil & Gas - Part 14

Cheniere Energy’s Revenues Increase Significantly as LNG Demand Skyrockets

The largest U.S. exporter of liquefied natural gas (LNG) Cheniere Energy announced that its third-quarter LNG income has more than doubled due to increased demand following Russia’s invasion of Ukraine, Reuters ...

Egypt Signs LoI to Fuel Ships with Natural Gas

The Egyptian Holding Gas Company (EGAS) has signed a letter of intent (LoI) with Shell, Pyramid Navigation, Affinity Gas and Eagles Gas to explore cooperation on fueling ships with liquified natural gas (LNG) in Egypt...

QatarEnergy Agrees to Offtake, Market 70% of LNG Produced by Golden Pass

Affiliates of QatarEnergy and ExxonMobil have committed to independently offtake and market their respective proportionate equity shares of LNG produced by the Golden Pass LNG Export Project located in Sabine Pass, Te...

Bulgaria Turns to Egypt as Potential LNG Supplier

Minister of Petroleum and Mineral Resources Tarek El Molla met with Bulgarian Minister of Energy Rossen Hristov in the presence of the Bulgarian Ambassador in Cairo Deyan Katrachev and the accompanying delegation, whe...

Uniper, RWE Close to Long-Term LNG Agreements with Qatar

According to three sources with knowledge of the situation, German utilities RWE and Uniper are close to finalizing long-term agreements to purchase LNG from Qatar’s North Field Expansion project to help replace...

Eni CEO Highlights Egypt as Key Future LNG Contributor to Italy

During a business conference in which Eni CEO Claudio Descalzi urged Italy to raise its liquefied natural gas (LNG) import capacity in 2023, he stated Egypt will be one of the key contributors of LNG to Italy in the f...

Australia’s Santos to Build New Gas Pipeline

The Northern Territory’s Darwin LNG plant will get gas from Australia’s Santos Ltd., which recently announced that it will invest an additional $311 million to develop a new pipeline to carry gas from its ...

Germany Inks MoU With Its Top Gas Importers to Supply Two FSRUs

Germany signed a memorandum of understanding (MoU) on Tuesday for the provision of two floating liquefied natural gas (LNG) gas terminals with the nation’s main gas importers Uniper (UN01.DE), RWE (RWEG.DE), and...

SCA Records Highest Monthly Revenues of $704M

The Chairman of Suez Canal Authority (SCA) Osama Rabie announced that Suez Canal recorded its highest monthly revenues in July 2022 reaching $704 million which is the highest per month compared to $531.8 million in Ju...

Egypt, Germany to Boost Cooperation in LNG, Green Hydrogen, Clean Energy

President Abdel Fattah El-Sisi has met Germany’s Chancellor Olaf Scholz to discuss boosting bilateral cooperation, especially in liquefied natural gas (LNG), green hydrogen and clean energy. During the meeting, ...

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