Hungary to import Egyptian gas once Greek-Bulgarian pipeline is complete
Hungary plans to import Egyptian natural gas once a Greek-Bulgarian pipeline is complete, Hungarian Foreign Minister Péter Szijjártó said at a press conference with Egyptian Foreign Minister Sameh Shoukry yesterday after a meeting on trade, cooperation, and curbing illegal migration to Europe. What does a pipeline to Bulgaria have to do with Hungary? Greece and […]
New ownership agreement for Damietta LNG plant to be signed next month
Dispute that put Damietta LNG in a coma to end next month: It seems possible that the plant will be making regular scheduled shipments starting from next month, as a final agreement to establish a new ownership structure for the Damietta LNG plant is due to be finalized on 15 March, Oil Ministry spokesperson Hamdy […]
Damietta LNG plant restarts production, first cargo lifted – Eni
The first LNG cargo from the Damietta liquefaction plant in Egypt was successfully produced and lifted. This is the first LNG cargo produced by the terminal after it was shut down in 2012. Such event represents an important milestone in the process to complete the agreement reached on December 1st 2020 aimed at settling all […]
Turboden, Siemens Energy start development of GASCO NatGas Compressor Station in Dahshour
Turboden, together with Siemens Energy, starts the development of a “first of its kind” high efficient gas compressor station at GASCO in Dahshour, Egypt. A 28MWe Organic Rankine Cycle (ORC) system coupled to Electrical Motor Driven (EMD) Compressor Trains working in island mode to increase the Dahshour station compression capacity of 25% without any additional […]
Eastern Mediterranean Gas Forum to come into effect March 1st
The Eastern Mediterranean Gas Forum will come into force on 1 March, the foreign ministers of Egypt, Greece and Cyprus announced in a joint statement last week. Speaking on the sidelines of a regional forum in Greece, the three ministers said that the organization’s charter, signed in September, will be activated next month and officially […]
Egypt’s Natural Gas regulator hikes transmission license fees
Natgas companies are going to pay more to use the national grid to move product this year after the Gas Regulatory Authority hiked fees for commercial gas transmission, shipping, distribution and supply licenses, the local press reported yesterday, citing an unnamed government source. Rates, which will be 24-31% higher this year, are as follows: Transmission […]
Egypt to reopen LNG plant in push to be major European supplier – Bloomberg
LNG capacity will be 12.5 million tons a year, says minister. Nation looking to become a major supplier of LNG to Europe. Egypt is set to boost exports of liquefied natural gas by restarting one of its two production plants. The Damietta facility, which has been idled for eight years, will reopen by the end […]
Damietta LNG plant to restart with first cargo in February – S&P Global Platts
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 […]
Chevron invests $235 million in Leviathan/Tamar to Egypt gas pipeline
Chevron Corp. and other companies helping to develop Israel’s natural gas fields will invest around $235 million in pipelines to export the fuel to Egypt. The partners in the Leviathan and Tamar fields, which sit off Israel’s Mediterranean coast, signed an agreement under which Israel Natural Gas Lines Ltd. will lay a new subsea pipeline […]
Energean announces North El Amriya, North Idku Final Investment Decision
Energean plc announce that Final Investment Decision has been taken on the North El Amriya and North Idkunea (“NEA/NI”) concession subsea tieback project in offshore Egypt. The NEA concession contains two discovered and appraised gas fields (Yazzi and Python) while the NI concession contains four discovered gas fields, one of which is readied for development. […]
