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Tag: Midstream
Shell

Shell submits proposal to sell natural gas to the Egyptian local market

Posted: January 8, 2020 at 1:10 pm   /   Oil & Gas

Shell Egypt wants to sell natgas to the local market: Shell Egypt has submitted a request to the Gas Regulatory Authority to allow it to sell gas to customers in the local market using the national grid, Shell Egypt Deputy Country Chair Moataz Darwish told Al Mal. The process could take years to complete and […]

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Energean-DEPA

Energean, DEPA agreement paves way for the operation of EastMed pipeline

Posted: January 2, 2020 at 9:29 pm   /   Oil & Gas

LοI for the Sale & Purchase of 2 BCM per annum: Energean and the Public Gas Corporation of Greece (“DEPA”) have agreed to cooperate to further support the EastMed Pipeline Project.  Ahead of the Intergovernmental Agreement on the EastMed Pipeline, to be signed later today by the Ministers of Cyprus, Greece and Israel responsible for […]

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Idku

Idku LNG plant reaches full export capacity for first time in six years

Posted: December 15, 2019 at 1:07 pm   /   Oil & Gas

The Idku liquefaction plant has reached its full export capacity of 1.1 bcf/d for the first time since 2013, a source at state gas company EGAS told the local press. Exports have surged from 300 mmcf/d in October to 1 bcf/d last month as international prices rose in response to weakening oversupply. (Source: Enterprise.press)

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East Med Gas

The Challenges Facing Eastern Mediterranean Gas, by Amira El-Mazni

Posted: November 26, 2019 at 2:18 pm   /   Oil & Gas

Gas has been discovered in the East Mediterranean for a decade, yet most remain undeveloped. This article reviews these discoveries and share some risks & various technical, commercial & political challenges facing their full development. Ever since the discovery of “Tamar” and “Leviathan” gas reserves within the Israeli EEZ, “Aphrodite” within the Cypriot EEZ, the […]

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Noble-Energy

Egypt signs $430m natural gas deal with Noble Energy at Africa Investment Forum

Posted: November 25, 2019 at 3:18 pm   /   Oil & Gas

Egypt signs energy accords at conference in new capital. Egypt said it had signed several energy accords at a conference in its partially built new capital on Saturday, including a $430-million deal for Texas-based Noble Energy to pump natural gas through the East Mediterranean Gas Co’s pipeline. Under the agreement, with financing from the U.S. […]

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Idku

Egypt triples natural gas exports from Idku LNG plant to 1 bcf/d

Posted: November 12, 2019 at 11:35 am   /   Oil & Gas

Natural gas exports from the Idku liquefaction plant have more than tripled to 1 billion cubic feet/day (bcf/d), up from 300 million cubic feet/day last month, an EGAS source tells the local press. The higher exports came after oversupply issues over the previous three months lessened and international prices stabilized. Exports were slashed by 80% […]

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EMG

EMG pipeline ownership transferred to Delek, Noble, East Gas consortium

Posted: November 4, 2019 at 10:52 am   /   Oil & Gas

Egypt just cleared a major hurdle to its dream of becoming the premier East Med energy hub – EMG ownership transferred to Delek, Noble and East Gas. Ownership of the East Mediterranean Gas (EMG) subsea pipeline that runs between Egypt and Israel has been transferred to Israel’s Delek Drilling, Texas-based Noble Energy and Egypt’s East […]

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LNG-Plant-Idku

Egypt exported 172 bcf of gas via 45 cargoes from Idku in FY 2018-2019

Posted: October 22, 2019 at 3:40 pm   /   Oil & Gas

Egypt exported 172.8 bcf of natural gas in FY 2018-2019 via 45 cargos from Idku. Egypt exported 45 cargos of natural gas carrying a total of 172.8 bcf from the Idku liquefaction plant in FY2018-2019, according to the Egyptian Natural Gas Holding Company (EGAS). Egypt had hoped that returning Idku to full capacity would see […]

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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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