Newsletter subscribe
Tag: LNG
Pfizer

Korean firm to cool Pfizer Covid-19 vaccine storage space with LNG

Posted: December 19, 2020 at 11:34 am   /   Oil & Gas

Liquified natural gas (LNG) will be used to keep extremely low temperatures in storage facilities in South Korea which will house millions of Pfizer’s Covid-19 vaccines. According to a Reuters article, Korea Superfreeze Inc., located 65 kilometres from Seoul and boasting temperatures frostier than an Antarctic winter, will be used for bulk storage of Pfizer’s […]

No Comments read more
LNG tanker

Egyptian LNG exports soar on back of rising LNG spot price – S&P Global Platts

Posted: December 14, 2020 at 12:50 pm   /   Oil & Gas

Nine cargoes shipped from Shell facility since late-October Exports had dried up in March on low prices before rally JKM Asian LNG spot price trading at $10.05/MMBtu Egyptian LNG exports from the Shell-operated Idku plant — the country’s only operational LNG facility — have been coming thick and fast in recent weeks following a sustained […]

No Comments read more
Damietta

Eni reaches agreement with partners for restart of LNG plant in Damietta, Egypt

Posted: December 2, 2020 at 10:50 am   /   Oil & Gas

Eni reaches an agreement with its partners for the restart of the liquefied natural gas plant in Damietta, Egypt and for the amicable settlement of disputes related to Union Fenosa Gas Today’s agreements, which are in line with the ones finalized last February and take into account the evolution of the energy scenario, allow to […]

No Comments read more
Idku

Idku gas liquefaction plant exports its first LNG shipment in 3 months

Posted: October 27, 2020 at 1:32 pm   /   Oil & Gas

The Idku gas liquefaction plant is preparing to export its first natural gas shipment in three months, energy intelligence firm Kpler said, according to Reuters. The Cape Ann tanker arrived at Idku Port yesterday from Norway in order to transport the shipment, according to MarineTraffic. Egyptian gas exports have dried up since March after the […]

No Comments read more
Damietta LNG

Eni: Talks resume on restarting Egypt’s idled Damietta LNG facility

Posted: October 11, 2020 at 12:45 pm   /   Oil & Gas

February deal terminated in April after conditions not met 5 million mt/year facility idled since 2012 Egyptian LNG exports all but dried up since March Talks focused on finding a new agreement to allow for the restart of the idled Damietta LNG export facility in Egypt have resumed, a spokesman for project partner Eni said […]

No Comments read more
Idku LNG

Shell, Total to export 30 LNG shipments from Egypt’s Idku in 2021

Posted: October 7, 2020 at 7:22 pm   /   Oil & Gas

Shell and Total will export 30 shipments of natural gas from the Idku liquefaction plant in 2021, Youm7 reports, citing Oil Ministry sources. Each shipment will average 150k cbm, potentially bringing the total exported by the two companies to 4.5 mn cbm. Egypt’s natural gas exports more than doubled to 4.5 bn cbm in 2019 […]

No Comments read more
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 […]

No Comments read more
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 […]

No Comments read more
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 […]

No Comments read more
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 […]

No Comments read more