Latest in Tag: LNG Highlight
Latest in Tag: LNG
Offers received from BP, Vitol, Trafigura, and Golar LNG for gas import tender: EGAS
A senior official with the Egyptian Natural Gas Holding Company (EGAS) said the company received offers for a gas import tender from BP, Vitol, Trafigura, Golar LNG, and three other companies. The official added that a decision on the financial proposals from applying companies will be made this week. The announcement of the final result …
EGAS to launch international tender to import 500m cubic feet of gas daily
Second LNG vessel to be received in Port Said by next March
EGPC will bear LNG import expenses through June: El Molla
The Ministry of Petroleum faced a financing crisis for LNG shipments for the coming year due to the Ministry of Finance’s refusal to provide the necessary financial liquidity.
EGAS, Hoegh sign LNG agreement
Norwegian firm beats Malaysian, American and Dutch companies to win international tender
No agreement reached for LNG arrivals by end of 2014
Government delayed signing with Hog Energi, led to lack of supply during September, says Ministry of Petroleum
Government jeopardising EGPC finances: Petroleum ministry source
Ministry of Finance refusing to provide the liquidity necessary to import liquefied natural gas, says official
Gas imports from Israel to save Egypt $10 per million BTUs
LNG will not be sufficient to meet actual needs of all sectors: Medhat Youssef
Egypt looks to secure LNG production and supply
With its significant reserves of liquefied natural gas (LNG), Egypt has been a key exporter for regional consumers over the past decade but with growing domestic consumption and a number of fiscal constraints, the country has been looking to secure additional supplies by expanding LNG capacity. In May the Egyptian government signed a letter …
Petroleum ministry assigns EGPC to pay for gas shipments through internal revenue
By Mohamed Adel The Ministry of Petroleum has assigned the task of importing liquefied natural gas (LNG) needed for power plants through the coming period to the Egyptian General Petroleum Corporation (EGPC). Payment for the imported gas will be managed through internal revenue, according to a senior official at the Ministry of Petroleum. The expenses …
HOG Energi regassification boat to arrive in Ain Sukhna Port in December
The arrival of a regassification boat owned by Norway’s HOG Energi has been delayed to December so that shipments of liquefied natural gas (LNG) may be received in its place. LNG will be imported over the coming years in order to provide for the needs of power stations according to Chief Executive of the Egyptian …
EGAS, Sonatrach negotiating over 5 LNG shipments for electricity production
Delegation from Algerian firm set to arrive in mid-July to conclude proceedings
EGAS to offer limited international tender on gas for electricity imports
The tender will be awarded before the end of the year for the gas supply to begin in January 2015.
EGAS still awaiting $1bn from finance ministry to import gas for electricity: EGAS
EGAS has yet to sign with two oil companies to supply 12 shipments of LNG, due to the lack of necessary funds.
EGAS to offer international tender to import gas needed for electricity
Egypt looking to secure gas supply during the coming years to keep its power plants running
Egypt obtains Russian gas at lower prices
Egypt’s opportunities for importing liquefied natural gas have increased as a result of US sanctions on Russia
Norwegian gas firm signs $40m deal to supply floating terminal
The government’s contract with Norway’s Hoegh will last five years
Israeli gas holds promise of better ties with neighbours
Israel in talks with Egypt, Turkey on major gas export deals
EMEA Oil & Gas winners and losers in Ukraine crisis: Fitch
Reuters – Fitch Ratings says BG Energy Holdings Ltd, BP plc, Royal Dutch Shell plc and Total SA are among the rated oil and gas companies in EMEA that stand to gain from a potential shift in EU countries’ energy links with Russia over time, while OAO Gazprom and NJSC Naftogaz of Ukraine, are most …
BG Group buys Nigerian LNG to replace lost Egyptian output
Reuters –  BG Group has bought six liquefied natural gas (LNG) cargoes from Italian utility Enel as it seeks to replace lost supplies from its Egyptian operations. The British firm will take delivery of the cargoes from October, 2014 at Nigeria’s Bonny Island liquefaction plant, where Enel owns export capacity, according to trade sources. Oil and …
Egypt’s LNG import ambitions thrown into disarray
Reuters – Egypt’s hope of importing liquefied natural gas to stave off an energy crunch this summer may fall through after a Norwegian firm pulled out of a deal to install an LNG import terminal, sources with knowledge of talks between Cairo and the company said. If it fails to secure a means of importing LNG, Egypt would have …
Qatar to send remaining liquefied gas shipments to Egypt
Chairman of the Egyptian Natural Gas Holding Company : EGAS received a letter from Qatar early Tuesday morning explaining the latter’s inability to send the remaining shipments due to recently decreased production capacities
Qatari liquefied natural gas arrives
Port facilities are not yet capable of importing liquefied gas, but such shipments will allow authorities to allocate more of the fuel supplies to the local market.