Newsletter subscribe
Tag: LNG
LNG

Egypt allows Eni, BP to export gas through Idku LNG liquefaction plant

Posted: June 10, 2019 at 7:47 pm   /   Oil & Gas

The ministry of petroleum has allowed Eni and British Petroleum (BP) to export gas from Zohr and North Alexandria fields through Idku liquefaction factory in accordance with the development agreements of these projects. A source from the petroleum sector told Daily News Egypt that the government has allowed Eni and BP to export gas after […]

No Comments read more
LNG

Egypt offers 13 LNG cargoes for June-July Idku loading – sources

Posted: May 18, 2019 at 3:02 pm   /   Oil & Gas

Egypt’s natural gas company (EGAS) has offered up to 13 liquefied natural gas (LNG) cargoes for loading from the Idku plant over June and July, industry sources said on Wednesday. The cargoes were offered through more than one tender and on a free-on-board (FOB) basis, the two sources said. The tenders close on May 19, […]

No Comments read more
LNG

Egypt tenders four LNG cargoes for May loading – sources

Posted: April 10, 2019 at 9:16 am   /   Oil & Gas

The cargoes are offered in two separate tenders, both of which close on April 9. Egypt’s natural gas company EGAS has offered four liquefied natural gas (LNG) cargoes for loading from the Idku plant between May 6 and June 1, two industry sources said on Monday. The cargo loading dates are May 6-8, May 18-20, […]

No Comments read more
LNG

LNG exports finally taking off in Egypt – Oilprice

Posted: April 2, 2019 at 11:26 am   /   Oil & Gas

What a difference just a few years can make. After more than a decade of uncertainty for Egypt’s natural gas sector, leading even to importing LNG for years, Cairo is heading to a much brighter gas future. Two weeks ago, Egypt re-joined the ranks of global LNG exporters when its state gas company EGAS tendered […]

1 Comment read more
LNG Egypt

Egypt offers four LNG cargoes for April loading as exports rise

Posted: March 17, 2019 at 9:51 am   /   Oil & Gas

Egypt’s natural gas company EGAS is offering four liquefied natural gas (LNG) cargoes for April loading, two industry sources said on Friday. The tender closes on March 18 and will be awarded on March 21, one of the sources said. Egypt’s exports of LNG have quickened since October, with five tankers loaded in March, the […]

No Comments read more
LNG

Shell VP: Egypt to remain low-cost option for East Med LNG exports

Posted: February 17, 2019 at 12:11 am   /   Oil & Gas

Egypt’s Idku and Damietta LNG export plants are likely to remain the low-cost option for East Mediterranean gas producers looking to export, and the process of starting up supplies through Egypt from around the region is one of “normal project development,” Shell country chair and vice president Gasser Hanter said Tuesday. Hanter played down the […]

No Comments read more
Fenosa

Egypt in talks with Union Fenosa Gas over Damietta LNG arbitration claim

Posted: January 13, 2019 at 2:10 pm   /   Oil & Gas

Egypt is in talks with Spanish-Italian JV Union Fenosa Gas (UGS) in a bid to have the European outfit drop its arbitration claim over gas supply interruptions at the Damietta liquefaction plant, an industry source tells the domestic press. The World Bank’s International Centre for Settlement of Investment Disputes ordered in September that Egypt pay […]

No Comments read more
Idku

Egypt exporting 520 mmcf/d of natural gas from Idku LNG plant – official

Posted: January 6, 2019 at 3:30 pm   /   Oil & Gas

Egypt is currently exporting 520 million cubic feet of liquified natural gas (LNG) per day from its Idku export plant, a petroleum ministry official said on Wednesday. The country had been exporting 300 million cubic feet of LNG, the official said. The gas is exported by Malaysia’s Petronas, Royal Dutch Shell, and Egypt’s two main […]

No Comments read more
Rosneft

Rosneft applies for natural gas import license in Egypt

Posted: December 2, 2018 at 1:11 pm   /   Oil & Gas

Russian energy giant Rosneft has begun the process of acquiring a license to import natural gas, sources told Al Mal on Thursday. The company has apparently received preliminary approval from the government to form a JV with a local entity for the activity, they added. If true, the move indicates that not only is the […]

No Comments read more
LNG-Plant-Idku

Shell exporting 300 mmcf/d of natural gas from Idku LNG plant

Posted: November 12, 2018 at 1:25 pm   /   Oil & Gas

Shell processing 300 mmcf/d of gas at Idku liquefaction plant – sources: Royal Dutch Shell’s Idku liquefaction plant is reportedly processing 300 mmcf/d of natural gas, compared to 250 mmcf/d last month, sources close to the matter said yesterday. Natural gas earmarked for exports also increased by around 50 mmcf/d due to lower local consumption levels […]

No Comments read more