SCA | Egypt Oil & Gas

Egypt Plans LNG Terminal in Port Said to Fuel Suez Canal Authority Locomotives

Egypt is planning to build a new liquefied natural gas (LNG) liquefaction and storage terminal in Port Said to supply fuel for the Suez Canal Authority’s (SCA) locomotives. The project was discussed in a recent meetin...

SCA to Raise Transit Fees for Oil, Gas Carriers

The Suez Canal Authority (SCA) announced increasing transit fees by 15% for several types of vessels, including crude oil tankers, petroleum products tankers, liquified petroleum gas LPG) carriers, and liquefied natur...

SCA Explores Green Transition Cooperation with Denmark

Suez Canal Authority (SCA) Chairman Osama Rabie has met with Denmark’s Energy and Climate Minister Dan Jørgensen to discuss cooperation in the field of marine green transition. Rabie affirmed the keenness of the SCA t...

SCA Records the Highest Shipping Rates per Day 

The Chairman of Suez Canal Authority Osama Rabie disclosed that the canal recorded the highest daily shipping rates on August 7, 2022 reaching 89 ships with total loadings of 5.2 million tons from the two sides. Rabie...

SCA Records Highest Monthly Revenues of $704M

The Chairman of Suez Canal Authority (SCA) Osama Rabie announced that Suez Canal recorded its highest monthly revenues in July 2022 reaching $704 million which is the highest per month compared to $531.8 million in Ju...

Suez Canal Revenues Reach a Record $7B in 2022/21

Suez Canal Authority (SCA) Chairman Osama Rabie announced that the Suez Canal’s revenues achieved an unprecedented record during the fiscal year (FY) 2022/21 reaching $7 billion which is the highest in its history, Al...

SCA Amends Petroleum Products Carriers Fees

The Suez Canal Authority (SCA) published amendments of Circular No. (2/2022) regarding petroleum derivatives tankers, Category 2 of the transit fee schedule (loaded/empty), transiting the Suez Canal in both directions...

SCA Waives LNG Carrier Rebates Starting March 15

The Suez Canal Authority (SCA) amended Article 2 of circular (2/2015) and its previous periodical issued on October 2021, SCA announced. Accordingly, the SCA cancelled the rebate granted to liquefied natural gas (LNG)...

Maridive Participates in Salvaging the Ever Given Container Carrier in Suez Canal

Maridive and Oil Services Company takes pride in its contribution to refloat the giant Panamanian container carrier (Ever Given) that was grounded in the Suez Canal, blocking the channel on Tuesday, March 23rd, 2021. ...

El Molla Highlights Egypt’s Potentials to Become Ship Bunkering Hub

The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a meeting with officials of Mercuria International Company to discuss ways to increase Egypt’s role as an integrated central hub for ship bunkering...

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