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Tag: BW

EGAS to launch tender for importing LNG in January

Posted: December 27, 2017 at 12:46 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) plans to launch a tender for importing liquefied natural gas (LNG) shipments in January 2018, according to an official source at the company. The source added that the upcoming tender aims to secure local market needs of natural gas during the second quarter (Q2) of 2018. Meanwhile, EGAS […]

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FSRU BW Singapore hits LNG STS milestone in Egypt

Posted: August 2, 2017 at 3:04 pm   /   Oil & Gas

BW LNG’s first floating storage and regasification unit (FSRU) has completed its 100th STS transfer on 22 July 2017, the company said in a brief statement through its social media channels. BW Singapore was earlier this year relocated to the port in SUMED from the port of Ain Sokhna. The FSRU started serving as Egypt’s […]

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BW Singapore FSRU moves to SUMED port in Egypt

Posted: June 8, 2017 at 8:16 pm   /   Oil & Gas

Singapore-based gas shipping giant BW said its FSRU BW Singapore has been relocated to the SUMED port, Egypt to continue its contract with the Egyptian Natural Gas Holding Company (EGAS). The FSRU so far served as Egypt’s second import terminal in the port of Ain Sokhna, starting full operation October 2015. In a brief social […]

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EGAS eyes 100 LNG cargoes in 2017

Posted: December 29, 2016 at 1:18 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) has reportedly set sights on 100 LNG cargoes for 2017 to cover the country’s demand for natural gas. Sources told Reuters that Egypt will pay around US$2.2 billion for LNG to be imported in 2017. It was reported in November that EGAS secured 60 cargoes for delivery in […]

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EGAS confirms postponed commissioning of third FSRU

Posted: December 14, 2016 at 4:26 pm   /   Oil & Gas

EGAS confirmed it has delayed commissioning a third FSRU that was scheduled for this month to an unspecified date in the future, according to Ahram Gate. The decision confirms statements by the Oil Ministry earlier this month. A source at EGAS said the delay follows an increase in natural gas production nationally in November to […]

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Egypt delays third LNG terminal citing lack of need

Posted: December 2, 2016 at 1:39 pm   /   Oil & Gas

Egypt will delay plans to rent a third liquefied natural gas import (LNG) terminal because the market does not need it in 2017, Petroleum Minister Tarek El Molla told local financial newspaper al-Borsa on Thursday. El Molla did not say how long the delay would be for. Once a net energy exporter, Egypt began importing […]

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FSRU BW Singapore hits LNG STS milestone at Egypt's Ain Sokhna Port

Posted: September 15, 2016 at 3:26 pm   /   Oil & Gas

Singapore-based gas shipping giant BW said its FSRU BW Singapore, used as Egypt’s second LNG import terminal in Ain Sokhna Port, has achieved a milestone ship-to-ship (STS) transfer. BW Singapore completed its 50th STS transfer since it started operations in Ain Sokhna in October last year, BW said on Tuesday through its social media channels. […]

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Egypt's tender for third FSRU draws interest from four firms

Posted: July 21, 2016 at 8:29 pm   /   Oil & Gas

Egypt’s tender to lease a third floating and storage regasification unit (FSRU) has drawn interest from four international firms, an Egyptian official told Reuters on Wednesday. Once a net energy exporter, Egypt began imports of liquefied natural gas (LNG) last year and has leased two FSRUs already to help avert power shortages caused by falling […]

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Egypt launches tender for a third Floating Storage & Regasification Unit (FSRU)

Posted: June 30, 2016 at 4:13 pm   /   Oil & Gas

Egypt has launched a tender to hire a third floating storage and regasification unit (FSRU) to import liquefied natural gas (LNG), an official from state-run energy firm EGAS told Reuters. Egypt, a former energy exporter but now net importer due to falling production and rising consumption, began LNG imports last year to help avert blackouts […]

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EGAS to issue third FSRU tender next month

Posted: March 1, 2016 at 7:06 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) plans to issue a tender for a third Floating Storage and Regasification Unit (FSRU) during the second half of next month, according to an EGAS official. EGAS is seeking a vessel with a capacity to regasify over 600 million cubic feet (MMcf) of gas per day. EGAS Chairman […]

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