LNG | Egypt Oil & Gas - Part 40
Egypt’s EGAS Makes First Payments to LNG Suppliers in 2016
Egyptian Natural Gas Holding Company (EGAS) has made its first payments to suppliers of liquefied natural gas (LNG) since the payment terms for deliveries were extended in December.
Chevron’s Mega Gas Project in Australia Starts Production
US Chevron Corporation commenced LNG and condensate production at the $54b Gorgon Project on Barrow Island, located off the northwest coast of Western Australia. Its first cargo is scheduled to be shipped in mid March.
Russia, Venezuela Develop Three New Offshore Gas Fields
Russia's top oil producer Rosneft and Venezuela's state oil company PDVSA signed an agreement to set up a joint venture to develop natural gas. Rosneft also plans to invest $500m to raise its stake in its Petromonaga ...
Jordan, Algeria in Talks over Energy Cooperation, LNG Imports
Jordan and Algeria discuss bilateral energy cooperation and prospects for importing liquefied natural gas from the North African nation.
Ghana to Develop Tema LNG Project Worth $550m
Ghana National Petroleum has signed heads of terms with Quantum Power for the construction of the liquefied natural gas (LNG) storage, regasification, and delivery facilities at Tema, Ghana.
US EIA Forecasts Gas Production Decline in 2016
The US Energy Information Administration (EIA) revealed its forecast for US domestic natural gas production in 2016, which is expected to mount to 79.69bcf/d, marking the sixth annual record high.
Total to Supply LNG to China
European oil major Total has signed a ten-year agreement to supply 500,000 tons of liquefied natural gas (LNG) to China's privately-run ENN Group annually.
Gazprom Envisions Rise in Gas Supplies to Europe
Gazprom, the Russian natural gas producer is seeking to increase gas supplies to Europe and Turkey by 2% to record levels in 2016, ahead of an upcoming meeting with investors.
