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Tag: Midstream
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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Cyprus

Egypt, Cyprus gas infrastructure has “significant potential” to draw capital

Posted: July 14, 2019 at 6:44 pm   /   Oil & Gas

Egypt and Cyprus’ gas infrastructure has “significant potential” to draw in capital as part of a drive from Cyprus-based investment firm Cynergy Group to raise a total of USD 10 billion to “consolidate Eastern Mediterranean gas assets,” Cynergy co-founder Mike Germanos tells the National. Cynergy is “setting its sights on Gulf sovereign wealth funds to […]

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Oil Tanker

Egypt announces the launch of its first giant oil tanker at Port Said

Posted: June 24, 2019 at 12:51 pm   /   Oil & Gas

Egypt’s Port Said Marine Arsenal for shipbuilding announced the launch of a giant oil tanker in Port Said, calling it the biggest of its kind to be built in the Arsenal, a statement released by the Port Said Marine Arsenal read. In the statement, arsenal chairman engineer Mohamed al-Katbi wrote that the anticipated tanker is […]

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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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Carbon Holdings

Interview with Karim Hefzy, Carbon Holdings’ MD of Project Development

Posted: April 10, 2019 at 9:39 am   /   Oil & Gas

How is the Tahrir Petrochemical Complex (TPC) project progressing? When is it expected to come into operation and what will its production capacities be? As we announced in June last year, Tahrir Petrochemical Complex is a circa US$11bn project that will be financed by debt and equity from investors around the world. Since this announcement, […]

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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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