LNG | Egypt Oil & Gas - Part 44
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, Reuters reports. Tourism, a key source ...
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, Reuters reported. Ogoda-Brass and Tebidaba-Bra...
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, Daily News Egypt reports. The reduction is a response to declining domestic consumption that fell to t... Egypt Expanding LNG and Fuel Trading Infrastructure
Construction is underway on several new infrastructure projects to increase Egypt’s capacity for the transfer and handling of petroleum projects, according to Petroleum Minister, Tarek El Molla. The Minister said that...
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, reported Arabian Business. Apart from upstream projects,...
Woodside Withdraws LNG Bid, Oil Search Rejects Offer
Australia’s Woodside Petroleum has withdrawn its $8.5b (A$11.6b) all-share offer for Papua New Guinea-based Oil Search Ltd’s stake in the PNG’s government’s LNG project, as Oil Search rejected ...
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, The N...
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, Zawya reported citing NEPCO’s Managing Assistant ...
