LNG | Egypt Oil & Gas - Part 36
Nigeria to Lose $25b FDI Upon Gas Act Changes
Nigeria stands to lose over $25b in foreign direct investment and legal fines from international courts if the planned amendment to the Nigeria Liquefied Natural Gas (NLNG) Act of 2004 proceeds.
Tanzania To Speed Up LNG Project
Tanzanian President, John Magufuli, gave orders to speed up long-delayed work on a planned liquefied natural gas (LNG) plant in the Lindi Region and estimated to cost $30b
BESIX Orascom to Build $350m FSRU Pier in Ain Sukhna
Arab Petroleum Pipelines Company (SUMED) signed a contract with the Egyptian and Belgian consortium of BESIX-ORASCOM for the construction of a $350m pier and accompanying marine facilities in Ain Sukhna, in eastern E ...
Iran to Export LNG to Europe
Iranian Minister of Oil, Bijan Zanganeh, has announced the country’s plans to exports Liquified Natural Gas (LNG) to Europe.
Rosneft Receives Payment for First LNG Cargo to Egypt
Russian state-owned oil company Rosneft has received $15.6m for its first ever supply of liquefied natural gas (LNG) to Egypt under the contract with Egyptian Natural Gas.
MENA Expands its LNG Import Facilities
The MENA region is forecast to become the world’s second-largest gas-importing area by 2040, as the countries invest around $10.3b in LNG-importing facilities.
Iran Signed New Gas Contracts
Tehran is in talks with German companies over exporting gas to Europe. The country has signed a number of gas contracts with major international firms including German Siemens, Russian Gazprom, and South Korean Kogas.
MENA to Invest $10.3b in LNG Import Capacity
Countries in the Middle East and North Africa (MENA) are seeking to boost their liquefied natural gas (LNG) import capacity. The region is forecast to become the world’s second-largest gas-importing area by 2040, wit ...
