Egypt launches world's biggest LNG tender for 2017/18 supply – sources
Egypt launched the world’s biggest tender for liquefied natural gas (LNG) on Sunday as officials from top trading houses and oil majors converged on Cairo – undeterred by tough new rules forcing them to wait even longer to get paid. After months of speculation and delay, state-run Egypt Natural Gas Holding (EGAS) released the tender […]
Egypt chases own energy sources as government struggle to meet demand
Egypt will boost production of natural gas to 5 billion cubic feet per day in the 2017-2018 fiscal year as the giant Zohr field comes online, but will still also ramp up gas imports to feed a spike in consumption, Oil Minister Tarek El Molla said. Once an energy exporter, Egypt has turned into a […]
“Zohr discovery” (from Eniday.com)
The exciting discovery and development of the Zohr gas field in Egyptian offshore… Download the Eniday podcast “Zohr Discovery” in partnership with Cast4 by main digital audiostore: ITUNES SOUNDCLOUD YOUTUBE (Source: Eniday.com)
The East Mediterranean gas revolution (ABO.net)
By Nicoló Sartori. The recent discoveries give the region an unprecedented opportunity to foster cooperation on energy and its exports, as well as to reach for diplomatic ways to handle the region’s conflicts. The gas discoveries in the East Mediterranean have generated an outburst of enthusiasm, fostering an image of the region as a global […]
How Eni bet big and won big on Natural Gas off Egypt
A drilling ship working about 120 miles off the Egyptian coast for Eni, the Italian oil company based here, bored into a giant trove of natural gas in July 2015 that turned out to be the largest discovery ever in the Mediterranean Sea and by far the largest by the global petroleum industry that year. […]
Shell in talks with government to increase natural gas supply
Shell is currently in talks with the government in order to increase exports, as the government seeks to increase supply to the domestic market. The Egyptian government is slowly moving closer to increasing the domestic energy supply and restarting liquefied natural gas (LNG) exports, as the government continues negotiations with Shell to raise the volume […]
Low prices trump Greece-Egypt-Cyprus political energy deal hopes
Greek Prime Minister Alexis Tsipras plans to visit Cairo on October 11 to take part in trilateral talks with Cyprus President Nicos Anastasiades and Egypt’s President Abdel Fattah Al Sisi. “I see these trilateral meetings very useful politically. In the longer term I hope these will lead to wider cooperation in the East Med,” Cyprus […]
Eni to implement renewable energy projects in Egypt
The implementation of renewable energy projects in the country will allow for a reduction in the use of natural gas in electricity generation. Eni and the Egyptian Authorities have agreed on a common strategy to implement a series of renewable energy projects in order to promote the development of a more sustainable energy mix in […]
Shell targets exporting liquified gas through Idku plant every 20 days
Royal Dutch Shell exported a shipment of liquefied gas to world markets through Idku, a liquefaction plant affiliated to Royal Dutch Shell, in mid-September after receiving about 200m cubic feet per day from the Burullus field gas production. A senior source in the petroleum sector told Daily News Egypt that Shell aims to export a […]
Major LNG exports by Egypt seen unlikely
Even as production of natural gas rebounds next year, Egypt will have difficulty recovering its role as a steady exporter of LNG, says Facts Global Energy (FGE), London. The country’s production fell below 4 bscfd in July from 6 bscfd in 2009 but will reverse course as major developments start coming on stream. FGE cites: […]