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Tag: Damietta
LNG

Petroleum Economist: Egypt wears the East Med LNG Crown

Posted: June 22, 2018 at 1:59 pm   /   Oil & Gas

With production rising fast and other East Med countries looking for markets, Egypt is hoping that its LNG plants will soon come into their own. In the context of the Eastern Mediterranean region, mention of liquefied natural gas triggers only one thought: Egypt. The likes of Cyprus, Greece, Israel and Lebanon may spend time considering […]

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LNG-Plant-Idku

Idku, Damietta gas export plants to run at full capacity by end of 2019?

Posted: May 18, 2018 at 2:48 pm   /   Oil & Gas

“The start of the third production unit at Egypt’s giant Zohr offshore gas field earlier this week, the country’s need for LNG imports is rapidly drawing to a close,” LNG World Shipping writes. It’s a good dive into recent developments in the field. The bottom line: LNG imports are on track to phase out by […]

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Idku

Zohr brings turnaround in Egypt’s LNG fortunes

Posted: May 18, 2018 at 2:41 pm   /   Oil & Gas

With the start of the third production unit at Egypt’s giant Zohr offshore gas field earlier this week, the country’s need for LNG imports is rapidly drawing to a close. Production at Zohr, which only began in December 2017, now stands at 1.1Bn ft3 per day (bcfd). Eni, the operator of the Zohr field, along […]

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Egypt, Cyprus to link Aphrodite gas field with Idku, Damietta LNG plants

Posted: March 25, 2018 at 7:10 pm   /   Oil & Gas

Egyptian and Cypriot officials have succeeded in setting the terms of the gas pipelines construction deal, while the European Union (EU) is expected to confirm its preliminary approval within a few weeks. Cyprus’ Energy Minister Yiorgos Lakkotrypis said: “Turkey’s provocations” will not abstain Cyprus from maintaining its gas exploration, according to Associated Press (AP). Talks […]

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El Molla: Egypt to capitalize on world demand for oil & gas storage, trading

Posted: December 20, 2017 at 1:39 pm   /   Oil & Gas

Egypt aims to be a regional hub for oil and gas trading, Petroleum Minister Tarek El Molla said at an energy conference on Monday. Egypt is working on infrastructure investments that will transform it into a regional hub for oil and gas trading, capitalizing on the needs of various companies to store their petroleum products, […]

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Glimmer of hope for Cyprus to export its natural gas to Egypt

Posted: December 5, 2017 at 7:00 pm   /   Oil & Gas

Cyprus’ gas discovery in Block 12 has remained stranded since 2012 with no outcome in sight. The Aphrodite natural gas field off Cyprus is commercially viable and the field could produce 300 billion cubic feet (BCF) a year, which could be transported to Egypt by pipeline, the partners behind the project said. Texas-based Noble Energy, […]

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Egypt, Cyprus to start talks on agreement to construct gas pipeline

Posted: November 21, 2017 at 3:32 pm   /   Oil & Gas

Egypt and Cyprus have agreed to start discussions in December on an agreement to build a gas pipe from a Cypriot natural gas field to take gas to Egypt, Cypriot state radio reported on Monday. It said the agreement came during talks when Egypt’s President Abdel Fattah al-Sisi made an official visit to Cyprus on […]

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Oil Ministry building $160 million Damietta pier, studying new petrochemicals projects

Posted: September 19, 2017 at 2:05 pm   /   Oil & Gas

Engineering designs are being drafted for a new USD 160 million pier at Damietta Port to expand shipping and storage services, according to an Oil Ministry statement. The pier, set to be completed in 3Q2020, will support urea and ammonia exports by MOPCO. The Ministry is also studying building a refinery in Suez, a propylene […]

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Damietta-LNG

Eni, Transport Ministry begin work on Zohr logistics station at Damietta Port

Posted: July 11, 2017 at 1:56 pm   /   Oil & Gas

The Transport Ministry and Eni began working on establishing a logistics center and storage areas at the Damietta Port, port chairman Ayman Saleh says, according to Al Masry Al Youm.The new facilities will serve the ground pipeline set to connect the Zohr gas fields to the port’s processing plant, from which gas will be exported. […]

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eni

Eni agrees with government to export part of Zohr field production via Damietta processing plant

Posted: December 19, 2016 at 4:10 pm   /   Oil & Gas

Eni has reached an agreement with the government to export some of the gas produced from the Shorouk concession’s Zohr gas field through the processing plant in Damietta, Al Borsa reported. Eni is planning a ground pipeline connecting the Zohr field to the plant, from which the gas would then be exported to Europe, the […]

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