China’s Crude Imports Rise 13% YoY
China, The world’s largest crude importer, has seen a 13% rise in crude imports year-on-year (YoY) following the arrival of sizeable orders that have now arrived after congestion at the ports.
LNG | Egypt Oil & Gas - Part 22
BP: Egypt’s LNG Exports Reach 4.5 bcm in 2019
BP announced that the Egyptian Liquefied Natural Gas (LNG) exports had increased 2.6 billion cubic meters (bcm) recording 4.5 bcm during 2019, while the imports had decreased to 3.2 bcm as the end of 2018 after re ...
NOVATEK Launches LNG PLant in Magnitogorsk
Russia's second-largest natural gas producer, Novatek, has announced the inauguration of the first liquified nitrogen gas (LNG) terminal in Magnitogorsk, in the Chelyabinsk region.
Petrobras Opens Bidding for Lease of Biggest LNG Terminal in Brazil
Petrobras Company announced that it imposed its LNG regasification terminal and associated facilities for lease. The terminal is located in the northeast of Bahia.
US LNG Exports to Jump for First Time Since February
US liquified natural gas (LNG) exports are expected to be increased in August for the first time in six months which will help rising gas prices by more than 17%.
Egypt Gas, IDB Discuss Cooperation Mechanisms
The Chairman of Egypt Gas company, Wael Gowayed, has met with the Chairman of Industrial Development Bank, Maged Fahmy, to discuss cooperation between the two parties
Petrobras’ Production Decreases in Q2
Brazil’s state-run oil company, Petrobras, has published its Q2 2020 results, indicating a slow down in production compared to Q1 2020.
Gasco’s Plant Obtains Approval form EGAC
Egyptian Natural Gas Company (GASCO) announced that its chemical refinery in the Western Desert Gas Complex obtained an approval from the Egyptian Accreditation Council (EGAC) for applying the international standa ...
Second Phase of Fleet Management in Qatar Commence
Nakilat has initiated the second phase of its fleet management transition from Shell International Trading and Shipping Company Limited (Shell), with Q-Max LNG carrier Al Mayeda being the first vessel transitioned ...
Egypt Grabs 1% of the International LNG Exports Market in 2019
Egypt's share of international Liquified natural gas (LNG) exports market jumped to 1% in 2019 after exporting about 3.5 million ton (MT), a 2 MT increase compared to 1.4 MT in 2018.
