LNG | Egypt Oil & Gas - Part 31

Egypt to Launch LNG Tender in Q2 2018

Egypt is preparing to launch a tender for purchasing cargoes of liquefied natural gas (LNG) in the second quarter (Q2) of 2018, to be received during the third quarter of 2018, an official at the Egyptian Natural Gas ...

Petroleum Ministry to End FSRU Contract

The Egyptian Ministry of Petroleum and Mineral Resources has announced that it will dispense with the Höegh Gallant floating storage and regasification unit (FSRU), a source at the Egyptian Natural Gas Holding Company...

Saudi Arabia, Russia Increase Energy Cooperation

Saudi Arabia and Russia are continuing to strengthen their relations in the energy sector, according to a report published by Oil Price. The report reveals that Russia has offered to support Saudi Crown Prince Mohamme...

Qatar to Increase Annual LNG Production by 29.87%

Qatar Petroleum aims to increase its liquified natural gas (LNG) output by almost a third, ShipInsight reported. The new strategy will see the company’s output rise from 77 million tons to 100 million tons per y...

Four Sectors Consume 40% of Egypt’s Natural Gas Output

Four sectors consumed around 40% of Egypt’s natural gas production, which exceeded 5 billion cubic feet per day (bcf/d), while the biggest part of production goes to electricity generating power plants, said Osa...

EGAS to Import 3 LNG Cargoes

The Egyptian Natural Gas Holding Company (EGAS) arranged importing three liquefied natural gas (LNG) shipments from France’s Engie, to be delivered during the second quarter of 2018, Reuters reported. The transa...

Egypt Natural Gas Output to Exceed 6 bcf/d

Egypt’s production of natural gas increased by 1.6 billion cubic feet per day (bcf/d) in 2017, up to 5.5 bcf/d, said Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources, according to Reuters. The mini...

EGAS Secures 5 LNG Cargoes for Q2 of 2018

The Egyptian Natural Gas Holding Company (EGAS) arranged receiving five liquified natural gas (LNG) cargoes, which will arrive to Egypt during the second quarter of 2018, trade sources told Reuters. French and Spanish...

Qatari LNG Delivery Rate Grows Despite Sanctions

The rate of Qatar’s liquified natural gas (LNG) delivery increased due to the country’s efforts to expand its huge LNG industry, Oil Price reports. The LNG exports increased despite the Gulf sanctions placed by Egypt,...

China to Become World’s Second Largest LNG Importer

China is set to become the second biggest importer of liquefied natural gas (LNG) by volume this year, Reuters reports. Rising demand caused by the government’s program to switch from coal to natural gas is causing Ch...

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