LNG | Egypt Oil & Gas - Part 43

LNG Import Cost Dropping As A Result of Falling Oil Prices

The cost of importing LNG to Egypt will decrease $0.5 billion annually to $2 billion as a result of the drop in international oil prices, according to Khaled Abdel Badie, the chairman of state-run Egyptian Natural Ga ...

Gazprom to Provide Egypt 35 LNG Shipments Over Five Years

Petroleum Minister Sherif Ismail announced Tuesday an initial agreement has been made with Russia’s Gazprom to supply around 35 shipments of liquefied natural gas (LNG) over the next five years.

British Columbia Bans LNG Pipeline Conversion

British Columbia, Canada's West Coast province, banned the transportation of oil and bitumen through pipelines built specifically for liquid natural gas, according to a press release from British Columbia Minister of ...

LNG Facilities Proposed in Florida

Florida East Coast Industries proposed the creation of a liquefied natural gas production and distribution facility, which would be located in Titusville, Florida, according to Florida Today.

Egypt to Reach LNG Agreement with Gazprom This Month

Egypt and Russia's Gazprom are to reach an agreement for the company to supply LNG shipments later this month, Egyptian Oil Minister Sharif Ismail told Reuters.

Transport Ministry and Suez Canal Authority Refuse to allocate Port Said Pier for LNG Boat

A senior Ministry of Petroleum official said the Ministry of Transportation and Suez Canal Authority refused to allocate a pier at Port Said to receive a second regasification boat. The boat would allow shipments of ...

New Era for Australia with Departure of First LNG Tanker from Queensland

The departure yesterday of the first liquefied natural gas (LNG) tanker from Queensland’s Gladstone Harbor marks the start of Australia’s dramatic transition to being the world’s largest supplier of the critically im ...

World’s first coal-seam-gas to LNG facility starts up

Bechtel announced it has successfully completed the world's first conversion of natural gas derived from coal seams into liquefied natural gas (LNG). On Dec. 28 BG Group began loading the first supply of LNG from Bec ...

Idku plant LNG exportation collapses 2014: BG official

The Idku liquefied natural gas (Idku) factory exports decreased from approximately 50 LNG shipments in 2013, to 5 shipments in 2015, according to a senior British Gas (BG) official.

EGAS Launches LNG Tenders for 48 Cargoes

Egyptian Natural Gas Holding Company (EGAS) has tendered to buy at least 48 cargoes of LNG for delivery in 2015/16, reported Reuters, citing three traders. A senior EGAS official also told Reuters that the result of ...

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