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Tag: LNG
LNG

Egyptian LNG to return to full operation – Petroleum Economist

Posted: September 22, 2019 at 12:27 pm   /   Oil & Gas

One of Egypt’s two liquefaction plants will back to full operation next month. The 7.2mn t/yr Egyptian LNG (ELNG) facility will return to 100pc of nameplate capacity next month, the firm’s senior optimisation manager Tamer Abdelsalam told the Gastech conference in Houston. It is currently operating at 90pc capacity. Full output is a far cry […]

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LNG

NS Energy: Will the LNG market in Egypt realise its potential in 2019?

Posted: August 14, 2019 at 1:16 pm   /   Oil & Gas

After recently becoming a net exporter of LNG, Egypt is looking to take its natural gas market to new heights following a series of key discoveries. The LNG market in Egypt has been mired in uncertainty for much of this millennium but over the course of 2019, it has gradually started gaining traction. A plethora […]

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Pyramids

Egypt reportedly considering new LNG facility in Sinai for Asian exports

Posted: July 29, 2019 at 3:33 pm   /   Oil & Gas

Egyptian and Israeli authorities are reportedly considering building a USD 15 bn natural gas liquefaction facility on the Red Sea coast in Sinai to drive liquefied natural gas (LNG) exports into Asia from both countries, sources told Israeli business news publication Globes. The facility would eliminate the need for LNG vessels taking off from either […]

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LNG

Egypt’s gas exports through Idku LNG plant increase to 750 mmcf/d

Posted: July 24, 2019 at 1:29 pm   /   Oil & Gas

The quantities of gas exported through Idku have increased after linking 250 mmcf/day of the Giza and Fayoum fields to the local production: source. The Egyptian Natural Gas Holding Company (EGAS) estimated the quantities of natural gas exported through Dutch Shell’s Idku gas liquefaction plant at 750 million cubic feet per day (mmcf/day) compared to […]

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LNG

EGAS to offer three LNG shipments from Idku plant in August

Posted: July 14, 2019 at 6:46 pm   /   Oil & Gas

State-owned EGAS will offer three LNG shipments from the Idku plant in August, two trade sources told Reuters. One source said that two of the shipments will be offered on a Free On Board (FOB) basis and available for loading 8-10, 17-19 and 21-22 August. (Source: Enterprise.press)

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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 […]

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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, […]

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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, […]

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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 […]

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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 […]

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