LNG | Egypt Oil & Gas - Part 40
India Wins Discount on Qatari LNG Purchase
India's biggest gas importer, Petronet LNG has successfully renegotiated a deal to buy liquefied natural gas (LNG) from Qatar's Rasgas at a reduced price allowing the company to save about $605m a year in total.
Leviathan Partners and BG Negotiating $30b Egypt Gas Deal
The partners in Israel’s Leviathan Gas Field are close to an agreement with British Gas (BG) to export gas to Egypt. The $30b deal is expected be signed before BG is purchased by Shell in late January.
EGPC Payment Delays are Contractually Legal
Payment delays by the EGPC for crude oil and natural gas imports are legal, according to a source at the EGPC.
Egypt Struggling to Pay for Energy Imports, CBE Governor Denies
Egypt is having difficulty paying for energy imports priced in US dollars – cancelling orders and asking for extensions – as the country’s foreign currency reserves have fallen. CBE Governor Tarek Amer denies the rep ...
ENI Declares Force Majeure on Nigeria’s LNG Export Plant
ENI has declared force majeure on loadings from Nigeria's LNG export plant due to sabotage on the Ogoda-Brass transport line, planning to reschedule some shipments.
EGAS Decreases Gas Imports, Restores Full Industrial Supply
The Egyptian Natural Gas Holding Company (EGAS) has reduced gas imports to around 700mcf/d from 1bf/d in November over declining domestic consumption, allowing the company to fully supply gas to high-consuming factor ...
Egypt Expanding LNG and Fuel Trading Infrastructure
Oil Minister, Tarek El-Molla announced an expansion of Egypt's LNG and Fuel Oil trading infrastructure.
Mubadala Strikes Strategic Agreement with China National Petroleum
The UAE's Mubadala Petroleum and China National Petroleum Corporation (CNPC) have signed an oil and gas exploration and production co-operation agreement.
