tankers | Egypt Oil & Gas
Strait of Hormuz Ship Traffic Remains Well Below Average Amid Ongoing Regional Tensions
Ship traffic through the Strait of Hormuz remains significantly below normal levels, with only five commodity vessels crossing the key energy chokepoint on August 25, well below the 10-day average of 15 crossings acco...
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 Extends Discount Fees for LPG Tankers for 6 Months
The Suez Canal Authority (SCA) is extending the discounts granted for liquefied petroleum gas (LPG) tankers, which operate between the ports of the US Gulf and India and its eastern parts until 30 June 2021. The autho...
AOI, Saad El-Din Sign Agreement to Reinforce Natural Gas Vehicles
Arab Organization for Industrialization (AOI) signed a cooperation protocol with Saad El-Din Group to reinforce the localization of technology of converting vehicles to run on natural gas. The Chairman of the AOI, Abd...
First Trial for Transporting Natural Gas by Tankers to Be Launched
The Chairman of Saad El-Din Group and Liquefied Petroleum Gas (LPG) Investors Association, Mohamed Saad El-Din, stated that the association is preparing for the first trial of transporting natural gas via tankers for ...
Enppi, Petrojet Completes Ain Sukhna’s SUMED Product Hub Project
Enppi and Petrojet have successfully executed Ain Sukhna’s SUMED Product Hub to meet the local market needs from petroleum products, imports, storages, and re-exports, according to a statement from Enppi. This is the ...
Gaston to Deliver Natural Gas Through Tankers
Gaston for Compressed Natural Gas, a subsidiary of Saad El-Din Group, announced the implementation of the first phase of the government’s plan with a total investment of EGP 150 million to deliver natural gas to housi...
Saudi Arabia and Qatar Keep Sharing Oil Tankers
As Saudi Arabia leads three other Arab nations in accusing Qatar of links to terror groups and being too close to Iran, one thing is becoming increasingly clear in the oil market, tensions have yet to reach a point wh...
