Egypt’s Petroleum Ministry denies loss due to FLNG delays
Egypt’s Ministry of Petroleum has denied claims that the country is losing $600 million per month due to delays in…
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LNG imports
Egypt targets 2.7 bcf/day regasification capacity by 2025 summer
Egypt’s Ministry of Petroleum and Mineral Resources is implementing an integrated plan to upgrade the country’s…
FSRU Energos Eskimo nears grid connection at Egypt’s Ain Sokhna Port – minister
Egypt’s Petroleum Minister Karim Badawy inspected final preparations for the Energos Eskimo floating storage and…
Egypt prepares 3rd FSRU to boost natural gas supply
Egypt’s Ministry of Petroleum and Mineral Resources is finalising preparations for the floating storage and…
Petroleum Minister inspects regasification vessel ahead of Ain Sokhna deployment
Petroleum Minister Karim Badawi inspected the Energos Power floating regasification unit at Alexandria Port as part…
China resumes spot LNG buys as prices hit year-low
China has returned to the spot market for liquefied natural gas after months of subdued activity, with at least two…
Oil down on Monday
Oil prices dipped in thin trade on Monday as investors awaited key Chinese and U.S. economic data this week to…
Russia-Japan trade turnover falls 32.47% Y-o-Y in July ’24
Trade turnover between Japan and Russia fell by 32.47 per cent year-on-year in July 2024, totalling 70.7 billion…
China’s oil consumption plunges as power demand soars
Slower consumption in China led OPEC to lower global oil demand growth estimates this week.
India’s LNG imports seen slowdown amid monsoon
India's booming LNG imports are expected to slow as monsoon rains reduce electricity demand and increased…
AfDB 2023