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Tag: LNG

BW Gas floating LNG terminal arrives in Egypt

Posted: October 1, 2015 at 6:40 pm   /   Oil & Gas

A second liquefied natural gas (LNG) import terminal arrived in Egypt without cargo on Wednesday and will start operating in the third week of October, state gas board EGAS head Khaled Abdel Badie told Reuters. The floating storage and regasification unit (FSRU) provided by Singapore-based Norwegian gas shipping company BW Gas will allow Egypt to […]

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Rosneft signs master LNG deal with EGAS & to cooperate in educational projects with Egypt

Posted: August 29, 2015 at 2:36 pm   /   Oil & Gas

Rosneft has announced that it is to enter a master LNG supply and purchase agreement with EGAS, and is to cooperate in educational projects with the Egyptian Ministry of Petroleum. ROSNEFT AND EGAS SIGNED MASTER LNG SUPPLY AND PURCHASE AGREEMENT Rosneft Trading SA, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company […]

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BW Gas to provide Egypt with floating LNG terminal – EGAS

Posted: August 3, 2015 at 9:18 pm   /   Oil & Gas

Singapore-based Norwegian gas shipping company BW Gas will provide Egypt with a liquefied natural gas (LNG) floating import terminal under a five-year contract, state company EGAS said on Monday, as the government grapples with energy shortages. The deal is worth about $60 million per year, Oil Minister Sherif Ismail told Reuters. Once an energy exporter, […]

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Russia's Rosneft signs two energy import deals with EGPC & EGAS

Posted: July 8, 2015 at 8:11 pm   /   Oil & Gas

Egypt and Russia’s top oil producer Rosneft have signed two initial deals for the supply of petroleum products and liquefied natural gas to Cairo, the two sides said on Tuesday. The oil ministry said in a statement the deals include the supply of benzine and bitumen, as well as 24 LNG cargoes for state gas […]

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Egypt extends Mediterranean gas exploration tender by 2 months, adds four new blocks

Posted: May 27, 2015 at 10:43 pm   /   Oil & Gas

Egypt has extended its tender for natural gas exploration in the Mediterranean Sea by two months with the addition of four new blocks, the state gas board said, as the country seeks to boost domestic energy production. The bidding period now runs to July 30 and will include 12 offshore concessions instead of eight, the […]

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Höegh Gallant commences commercial operations in Egypt

Posted: May 11, 2015 at 8:32 pm   /   Oil & Gas

Höegh LNG Holdings Ltd. announced that its Floating Storage and Regasification Unit (FSRU) Höegh Gallant successfully completed all performance and commissioning tests on 29 April 2015, and has commenced commercial operations under its five years FSRU contract with EGAS in Egypt. Sveinung J.S. Støhle, President and CEO of HLNG, states in a comment: “We are very […]

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Höegh Gallant Floating LNG Terminal arrives at Ain Sukhna

Posted: April 13, 2015 at 10:07 pm   /   Oil & Gas

The Höegh Gallant floating storage and regasification unit (FSRU) from Norway’s Höegh LNG arrived off Ain Sukhna on the Gulf of Suez. Höegh signed a five-year contract with Egyptian Natural Gas Holding Company (EGAS) in November 2014 to provide the import terminal starting Q2 2015. The Höegh Gallant was built in 2014 by Hyundai Heavy […]

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Delek Group announces signing of gas sale deal by Tamar Partners to Egyptian Group

Posted: March 19, 2015 at 8:00 pm   /   Oil & Gas

Delek Group announced the agreement signed by the Tamar Project partners, including the Partnerships (Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership), and Dolphinus Holdings Limited for the export of natural gas from the Tamar Project to Egypt. Further to the Partnerships’ Immediate Report of October 19, 2014 regarding the letter of intent […]

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