LNG | Egypt Oil & Gas - Part 41

East Africa to Boost Home-Based Energy Production

East Africa's demand for oil, gas, and petrol is expected to increase by 8%, while liquefied petroleum gas (LPG) reaches double digits growth, amid regional attempts to expand home-based energy production.

Jordan Diversifying LNG Sources, Israel on Alert

Jordan's National Electric Power Company (NEPCO) expects to import 20 % of its gas needs from the spot liquefied natural gas (LNG) market in 2016 and 2017.

Kuwait’s LNG Import on Rise

Kuwait's liquefied natural gas (LNG) imports is expected to rise by 17 % to 3m tonnes in 2015, up from 2.5m in 2014, boosted by the fuel's growing competitiveness with gas oil.

CBE Unable to Meet EGPC’s Dollar Needs

The Central Bank of Egypt is unable to provide the Egyptian General Petroleum Corporation with its monthly requirement of $700m for the import of petroleum and gas materials and the payment of loans from foreign banks.

Shell-BG Merger Likely to Get Clearances

Shell's gigantic takeover of BG worth $83b (£55b), planned before the end 2015, is likely to secure clearances from the remaining Chinese and Australian regulators.

Iran Prepares Petchems, LNG for Export, Investment Drive

Iran’s Oil Ministry has said that the construction of three petrochemical projects is nearing completion, with the projects to come on stream in the coming months.

Iran Invites Global Partners for Gas, LNG Ambitions

Iran is dramatically increasing its natural gas export capacity in preparation for the lifting of international sanctions, President Hassan Rouhani said during the second day of the Gas Exporting Countries Forum (GECF).

Aphrodite Gas Within Egypt’s Reach Thanks to BG Deal

The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward fo ...

Oman Gas, LNG Prospects Expand with Iran and Qatar

Iran's Oil Minister Bijan Zangeneh, discussed expansion of energy cooperation between Tehran and Muscat with the visiting Omani Minister of Oil and Gas Mohammed Hamad al-Rumhi.

Mozambique Allows Cost Recovery Rights to OVL

The Mozambique govt has allowed ONGC Videsh Ltd the right to recover costs for one of its project in the country. OVL is to set up an LNG terminal for exports in Mozambique.

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