LNG | Egypt Oil & Gas - Part 40

Oil Ministry Focused on Gas to Meet Domestic Demand

In the last couple of years, Egypt’s Ministry of Petroleum has focused to provide fuel needs to the domestic market through contracts on gasification ships to receive Liquid Natural Gas (LNG) shipments, Daily Ne...

Philippines Wants to Buy Iranian LNG

The Philippines has demonstrated interest in building a liquefied natural gas (LNG) plant in Iran –that will be built by a consortium of Philippino National Oil Company (PNOC) and a European firm–as well as it seeks t...

Ghana Expects to Import first LNG by 2017

Ghana, which has two import terminal projects  planned, expects to start importing liquefied natural gas (LNG) early next year, the acting Chief Executive of Ghana National Petroleum Corporation (GNPC) said, adding th...

Bulgaria, Greece Plan to Build Greek LNG Terminal

Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have launched a joint task force to work on a proposal to build an off-shore liquefied natural gas (LNG) terminal in northern Greece, G...

Algeria Awards $40m LPG Vessel Deal to China

Algerian state energy company Sonatrach has awarded two Chinese firms a $40m deal to deliver a liquefied petroleum gas (LPG) carrier and an option to provide a second vessel, Reuters reported. According to Ecofin Agen...

Pakistan, Italy Likely to Sign LNG Supply Deal

Pakistan and Italy are likely to sign a government-to-government deal for the supply of liquefied natural gas (LNG), as Italian firm Eni has offered to provide gas to Pakistan, according to officials familiar with the...

India to Move to Gas-Based Economy

India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG), as the world’s third-biggest oil importer seeks to curb its greenhouse emissions, Oil Minister,...

Algeria Expects To Export More Gas to Europe

As output rises from existing and new fields, Algeria expects to increase its natural gas exports to Europe by 15% to over 50bcm this year, which is more than just recovering from the drop since 2013, according to Oma...

Iran, South Korea Signed Oil&Gas Cooperation Deal

National Iranian Oil Company (NIOC) and the Korea Gas Corporation (KOGAS) have inked deals to study the development of the Balal offshore gas field. In addition, NIOC and KOGAS signed an agreement for KOGAS to purchas...

Gazprom Mulls Building LNG Hub in Bahrain

Russian state-owned oil and gas giant Gazprom is pondering to create a liquefied natural gas (LNG) distribution hub in Bahrain, which will be meant to intake LNG from various countries, including Russia, Governor of S...

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