LNG | Egypt Oil & Gas - Part 51

Egypt’s Private Sector Allowed to Import Gas

Egypt has given the private sector a green light to import natural gas or liquefied natural gas (LNG), a government official said, a step that could encourage private investment in the energy sector while easing energ...

Egypt to Launch $3bn Tender to Import LNG

Egypt is set to launch what will be a highly sought after tender in early June to buy up to $3bn of liquefied natural gas (LNG) over 2016 and 2017, senior state officials and trade sources said. Egypt has emerged as a...

EGPC to Issue New Bid Round

EGPC Chairman Tarek Al Molla said that the company will soon announce in the second half of this year a new bid round for exploration in a number of areas . Al Molla made this statement during a Production Optimizatio...

Update: Floating LNG Terminals Receives Third LNG Shipment

The third LNG shipment was offloaded onto the floating storage and regasification unit (FSRU) in Ain Sokhna. The entire shipment will be fed into the natural gas national grid. This comes as part of the petroleum sect...

No Bidders for Egypt’s Second LNG Floating Terminal

Egypt has not received any responses to a tender for its proposed second LNG terminal and is struggling to find a suitable port. Egyptian Natural Gas Holding Co. (EGAS) Chairman Khaled Abdel Badie said last week a fiv...

Egypt’s EGAS to Finalize Gas Tender This Month

EGAS will finalize the decision on who receives the tender for the second floating liquefied natural gas (LNG) import terminal in a month’s time after receiving foreign bids, said EGAS chairman Khaled Abdul Badei in s...

Middle East’s First LNG Harbor Tug ‘Elemarateyah’ Launched

Drydocks World and Maritime World, a leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors, marked the steel cutting ceremony of the Middle East’s first liquified natural gas ...

India Wants Less LNG from Qatar, Local Demand too Weak

India is in talks with Qatar to import at least 10% less liquefied natural gas (LNG) under a long-term deal after a slide in spot prices has cut demand by local buyers, an Indian government source with knowledge of th...

Update: Egypt to Receive 2nd LNG Floating Terminal

After Ministry of Petroleum’s announcement earlier last month of the arrival of a 2nd terminal in August of this year. EGAS reported that plans to receive the floating terminal in Ain Sokhna have changed for sec...

Dubai’s Kampac Oil to Invest Billions in Philippines Energy City

Kampac Oil, a Dubai-based oil and gas company, plans to double its investments in the Philippines to more than $10 billion, said a report. The bulk of the investments will be for the construction of Kampac Energy City...

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