Egypt prepares for 8% rise in summer power demand
Egypt’s ministries of electricity and petroleum are preparing for an expected 8 per cent rise in electricity demand…
Browsing Tag
LNG imports
Egypt settles $21.5mln in Dana Gas dues as firm expands drilling after major gas discovery
Egypt has settled all overdue payments owed to Dana Gas and continues to make full and timely payments, the company…
Egypt revives energy investments as partner arrears fall
Egypt’s energy sector is regaining momentum after efforts to resolve partner arrears and introduce investment…
US cuts S. Korea tariffs in trade deal
The United States has reduced planned tariffs on South Korean imports to 15 per cent from a proposed 25 per cent,…
Egypt secures gas supply for power amid summer surge
Egypt's Minister of Petroleum and Mineral Resources Karim Badawi stated that Egypt is making progress in securing a…
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…
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…
LNG supplies pivoting back towards Asia following price decline
The dynamics of LNG supplies are pivoting back towards Asia following a decline in prices, triggering increased…
US pause on LNG export raises Japan’s concerns over new projects
The temporary suspension of US export licenses raised Japanese concerns that the launching of new LNG facilities in…
Qatar, Russia divert vessels from Red Sea
Qatar and Russia, suppliers of liquefied natural gas, are avoiding the Suez Canal in light of heightened risks and…
Egypt to import rare LNG cargo
Egypt is set to import a rare cargo of liquefied natural gas (LNG), Bloomberg reported on Friday.
Germany aims to import more LNG from Egypt – ambassador
Germany is keen to import large quantities of liquefied natural gas (LNG) from Egypt that will be used in homes,…
Hungary to import LNG from Egypt by 2026
Hungary found a solution for its energy issue as it will be able to import liquefied natural gas (LNG) from Egypt…
Source: Egypt to reduce LNG imports in FY2018 as Zohr gas field nears output
Egypt targets reducing its liquefied natural gas (LNG) imports within the financial year 2017/2018 thanks to…
Egypt aims for LNG Import Independence by 2020
Establishing high hopes for Egypt’s domestic energy sector, Oil Minister Sherif Ismail announced that the country…