LNG | Egypt Oil & Gas - Part 22

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.

Qatar Petroleum Enters LNG Shipyard Deal with China

State owned Qatar Petroleum (QP) announced that it has entered into an agreement with China’s Hudong-Zhonghua Shipbuilding Group Co. to reserve LNG construction capacity.

KOTC Adds New Oil Tanker to its Fleet

Kuwait Oil Tanker Company (KOTC) has added the crude oil tanker “Al-Yamamah” to its repertoire of ships.

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