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Tag: Midstream
Damietta LNG

Damietta LNG plant to restart with first cargo in February – S&P Global Platts

Posted: January 27, 2021 at 12:27 pm   /   Oil & Gas

Egyptian LNG exports remain strong as Damietta LNG prepares to restart Seven cargoes shipped from Idku so far in January 17 LNG cargoes shipped in Q4 as prices rose Damietta LNG seen loading first cargo on Feb 14 Egyptian LNG exports from the Shell-operated Idku plant — for now the country’s only operational LNG facility […]

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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 […]

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gas-drilling

EMG gas pipeline faces ownership change as Delek plans LSE spin-off

Posted: November 30, 2020 at 12:21 pm   /   Oil & Gas

Delek Drilling to transfer ownership in Israel-Egypt gas pipeline to new company as part of LSE spin-off plan: Delek Drilling, one of the main operators of Israel’s large offshore gas fields, is planning to spin off most of its assets into a new company it will IPO on the London Stock Exchange, according to a […]

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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 […]

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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 […]

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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 […]

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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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Sumed

Global oil demand slump hits Egypt’s SUMED pipeline

Posted: July 28, 2020 at 2:58 pm   /   Oil & Gas

Egypt’s Sumed oil pipeline is feeling the effects of the global demand slump: Egypt’s Sumed pipeline has recently been operating at only a quarter of its capacity due to a historic slump in global demand for oil and the subsequent production cuts that were introduced in May, data compiled by Bloomberg shows. Flows through the […]

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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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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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