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Tag: LNG
gas pipeline

Egypt and Cyprus are in “extensive discussion” on planned gas pipeline

Posted: September 1, 2020 at 12:41 pm   /   Oil & Gas

Egypt, Cyprus talking ‘extensively’ about moving ahead with gas pipeline: Egyptian and Cypriot officials are in “extensive discussions” on a planned natural gas pipeline linking the two countries, Al Mal reports, citing an unnamed government official. The construction of the pipeline is proceeding according to schedule despite the covid-19 pandemic, the official said, without mentioning […]

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Gas-LNG

Egypt’s natural gas exports, renewables more than doubled in 2019 – BP

Posted: August 31, 2020 at 1:53 pm   /   Oil & Gas, Renewables

Egypt had a good year in 2019 for natural gas exports and renewables, according to BP: Egypt’s natural gas exports more than doubled to 4.5 bn cbm in 2019, up from 2 bn cbm in 2018, BP said in its annual Statistical Review of World Energy. The report said that 1.7 bn cbm were exported […]

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Siemens LNG

Siemens, Total partner to advance low-emissions LNG production

Posted: June 14, 2020 at 12:35 pm   /   Oil & Gas

Siemens Gas and Power has entered into an agreement with Total, a broad energy group, to advance new concepts for green liquified natural gas (LNG) production. As part of the contract, Siemens Gas and Power is conducting studies to explore a variety of possible liquefaction and power generation plant designs, with the ultimate goal of […]

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Svitzer

Svitzer secures 5-year contract extension for Egypt’s Idku LNG plant

Posted: June 3, 2020 at 2:11 pm   /   Oil & Gas

Denmark’s Svitzer, the world’s largest tugboat operator, said Tuesday it has won a contract extension to support operations at Egypt’s Idku LNG export plant. Under the extension, Maersk’s unit Switzer will continue to assist the Egyptian LNG-operated plant with four tugs, two mooring boats and one pilot boat. The towage company has been operating at […]

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Mozambique LNG

Petrojet to manufacture deepwater equipment for Mozambique’s LNG project

Posted: May 21, 2020 at 3:57 pm   /   Oil & Gas

Petrojet’s instrumentation will be installed by Baker Hughes in the Indian Ocean’s deepwater, around 40 kilometres off Mozambique’s Cabo Delgado. Egypt’s Petrojet has been tasked with manufacturing and supplying deepwater equipment for Mozambique’s mega liquefied natural gas (LNG) project, the petroleum ministry announced on Friday. According to the petroleum ministry, Petrojet was tasked by US-based […]

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lng

Egypt’s LNG exports made up 1% of the global market in 2019 – IGU

Posted: May 3, 2020 at 2:43 pm   /   Oil & Gas

Egypt’s liquified natural gas (LNG) exports made up 1% of the global market in 2019, according to a recent report from the International Gas Union (IGU). In volume terms, exports climbed to 3.5 mn, from 1.4 mn tonnes in 2018, IGU figures showed. CAPMAS figures released earlier this year indicated that last year’s exports were […]

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Damietta LNG

Eni, Naturgy’s deal with Egypt to restart Damietta LNG plant breaks down

Posted: April 26, 2020 at 3:07 pm   /   Oil & Gas

The resolution of a long-simmering dispute over a shuttered Damietta LNG plant has fallen apart despite an agreement reached last month, according to a cabinet statement. Parties to the dispute include Spanish gas firm Naturgy Energy Group, Italy’s Eni, and the Egyptian government. Why does this matter? First, the dispute was closely followed by investors […]

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LNG

Suez Canal reduces its LNG carrier transit fees for a three-month period

Posted: April 6, 2020 at 12:45 pm   /   Oil & Gas

Suez Canal cuts LNG carrier tolls: Suez Canal Authority has decided to adjust the rates for LNG carriers for a three-month period starting April 1.  The authority noted that the liquefied natural gas tankers crossing the Suez Canal will see the regular transit fee cut from 25 to 30 percent. In addition, LNG carriers, loaded […]

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East Med

Eastern Mediterranean Gas: What Prospects for the New Decade? ISPI Opinion

Posted: March 10, 2020 at 9:58 pm   /   Oil & Gas

This Commentary Piece by Simone Tagliapietra was originally published by ISPI (Italian Institute for International Political Studies). The last decade has seen the eastern Mediterranean region become a hotspot of the global natural gas industry, attracting increasing attention from multiple stakeholders also as a result of its high geopolitical stakes. Notwithstanding this momentum, progress has […]

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spplatts-east-mediterranean

Infographic: East Med gas; monetization efforts pick up amid regional standoff – S&P Global Platts

Posted: March 8, 2020 at 1:38 pm   /   Oil & Gas

The East Mediterranean is home to numerous major gas finds, with key players seeking routes to market via gas pipeline pacts and establishment of the East Mediterranean Gas Forum (EMGF). Tensions in the region are increasing, however, as Turkey moves to drill in blocks licensed by Cyprus and the EU imposes sanctions against Turkey’s TPAO […]

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