LNG | Egypt Oil & Gas - Part 46
Suffering Factories to Receive 700 mscf of Gas This Month
Sources at EGAS told Egypt Oil & Gas that a decision was taken to pump 700 mscf of liquefied natural gas (LNG) to factories suffering from gas shortages. An agreement was reached with factory owners to solve the g...
LNG Key Platform for Tanzanian Presidential Elections
Tanzania’s presidential candidate John Magufuli has pledged to remove impediments related to the site of a planned LNG plant, reported Reuters. He promised that, if elected, he would resolve this outlying issue ...
Iran to Export LNG to Brazil in Bilateral Bid
Bijan Zangeneh Iran’s oil minister says Brazil has indicated its willingness to buy LNG from Iran, reported Press TV. He made the remarks following a meeting with Brazilian Minister of Development, Industry and ...
Egypt Responsible for LNG Price Increase
Asian liquefied natural gas (LNG) prices for December delivery rose this week as traders and energy companies moved to fill slots awarded to Egypt recently, reported Egypt Independent. The price rose to $7.10 mmBtu, i...
Egypt to Rent 3rd FSRU By 2017
Reuters reported that Egypt is planning to rent a third floating storage and regasification unit (FSRU) late 2016 or early in 2017, in an effort to deal with gas shortage. The new date contradicts with earlier reports...
Tarek El Molla: Egypt to Continue Gas Imports for 5 Years
Tarek El Molla, Minister of Petroleum and Mineral Resources, said that that petroleum sector will continue to import natural gas for the coming 5 years to meet the needs of electricity, and the local market, reported ...
Oil Ministry in Negotiations with IOCs for LNG
A source at EGPC revealed to Egypt Oil & Gas that the Ministry of Petroleum is in negotiations with a number of foreign oil companies to buy their share of liquefied natural gas (LNG) to meet the growing needs of ... 3rd FSRU to Arrive in March
Sources at EGAS told Egypt Oil & Gas, that the third floating Storage and Reclassification Unit (FSRU) ship is planned to arrive to Egypt the coming March of 2016. The second FSRU arrived to Ain Sokhna port at th...
