LNG | Egypt Oil & Gas - Part 38
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, Reuters reported. Final investment decisions...
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 Eg...
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, MEHR News Agency reported. The announcement comes after reports of practical steps to begin ...
Rosneft Receives Payment for First LNG Cargo to Egypt
Egypt has paid $15.6m for its first ever supply of liquefied natural gas (LNG) from Russian state-owned oil company Rosneft delivered to the country in May 2016, Tass Russian News Agency reported. The volume of 0.06mt...
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, Hellenic Shipping News reported. The move comes in light ...
Iran Signed New Gas Contracts
Tehran is in talks with German companies over exporting gas to Europe, International Affairs Director of the National Iranian Gas Company (NIGC), Azizollah Ramezani, said. The senior Iranian official added that the co...
MENA to Invest $10.3b in LNG Import Capacity
Countries in the Middle East and North Africa (MENA) led by Egypt, Kuwait, and Morocco, are seeking to boost their liquefied natural gas (LNG) import capacity, taking advantage of low prices to meet rising energy dema...
Eni, Exxon to Jointly Develop Mozambique Offshore Gas Project
Italy’s oil and gas giant Eni has reached an agreement with US ExxonMobil to sell its multi-billion dollar stake in the planned offshore liquefied natural gas (LNG) development project in Mozambique, Reuters rep...
