1st LNG cargo from Damietta plant produced, lifted after 9 years of halt

Mon, 22 Feb 2021 - 09:23 GMT

“This is the first LNG cargo produced by the terminal after it was shut down in 2012.” it clarified in a statement.

Egypt exports 172.8B feet of LNG in 2018/19

Mon, 21 Oct 2019 - 02:29 GMT

The company's annual report of the fiscal year 2018/2019 said that 45 gas shipments were exported during the last fiscal year.

Israel to begin gas exports to Egypt within four months: Min.

Thu, 25 Jul 2019 - 11:40 GMT

The deal signed early last year will bring natural gas from Israeli offshore fields Tamar and Leviathan into the Egyptian gas grid.

Egypt’s gas exports from Idku jumps to 800MCF/day

Wed, 27 Feb 2019 - 01:24 GMT

Egypt’s Minister of Petroleum Tarek el-Molla clarified that LNG exports from Idku rose to put Egypt back to international markets strongly after achieving self-sufficiency locally.

High oil prices hurt consumers, dent fuel demand: IEA chief

Tue, 30 Oct 2018 - 09:34 GMT

“Many countries’ current account deficits have been affected by high oil prices,” IEA chief Fatih Birol said at an energy conference in Singapore.

Egypt imported 17 shipments of LNG in Q1 2018/19 worth $500M

Sun, 30 Sep 2018 - 08:56 GMT

Egypt said on Saturday it will stop importing natural gas after its final liquefied shipments arrived last week.

Cyprus forms committee to reprice gas exports

Fri, 24 Aug 2018 - 01:11 GMT

International oil prices fell to below $40 from over $100 per barrel four years ago. Currently, Brent Oil is traded at around $70.

Gas production of 2 wells at 9B field to begin in October

Mon, 06 Aug 2018 - 12:50 GMT

“The whole projectwill be completed in the third quarter of 2019 with an output of 400 million cubic feet per day,” the source added.

Trump, EU leader pledge to cut trade barriers, hold off on further tariffs

Wed, 25 Jul 2018 - 10:08 GMT

U.S. President Donald Trump and the European Union's chief executive, Jean-Claude Juncker.

Egypt to stop importing LNG in Q4: Minister

Mon, 25 Jun 2018 - 08:09 GMT

The minister added that exports of Zohr gas field as well as other gas fields’ production will start early next year.

Egypt purchases initial LNG volumes via 9-cargo tender: traders

Mon, 18 Jun 2018 - 02:54 GMT

Estimated prices for the cargoes range upward of $11 per million British thermal units (mmBtu), or around 15 percent of a barrel of Brent crude oil.

Production from Zohr gas field to reach 1.8B cfd in September

Sun, 01 Apr 2018 - 10:47 GMT

Egypt plans to boost production from its giant offshore Zohr gas field to 700 million cubic feet a day (cfd) in May and to 1.8 billion cfd in September.

Molla chairs first meeting of gas regulatory authority

Tue, 27 Feb 2018 - 12:32 GMT

The law regulating the gas market is supporting Egypt’s strategic goal of becoming a regional energy hub, Petroleum Minister Tarek el-Molla said Tuesday.

EGAS arranges delivery of 3 LNG cargoes

Sun, 18 Feb 2018 - 08:50 GMT

EGAS has arranged the delivery of three liquefied natural gas (LNG) cargoes from France’s Engie in the second quarter of 2018.

Qatar LNG producers begin postponed job cuts -sources

Thu, 23 Nov 2017 - 02:33 GMT

Qatari gas producers QatarGas and RasGas this week began implementing job cuts that had been postponed.

Pakistan's Engro eyes 2019 start for new LNG terminal in Karachi

Sat, 04 Nov 2017 - 02:44 GMT

Pakistani conglomerate Engro Corp expects to complete building its second liquefied natural gas (LNG) terminal in early 2019.

Australia's east coast LNG producers avert export curbs

Wed, 27 Sep 2017 - 12:28 GMT

Australia’s three east coast LNG plants have staved off threatened export curbs after promising to plug a projected domestic gas supply shortfall in 2018.

India renegotiates LNG deal with Exxon - oil minister

Sun, 10 Sep 2017 - 08:19 GMT

India has renegotiated the pricing of liquefied natural gas (LNG) imported from Australia’s Gorgon project to make the imported fuel affordable to price-sensitive domestic customers,.

Jordan exports over half million cubic feet of LNG to Egypt

Thu, 03 Aug 2017 - 02:46 GMT

Jordan exported 560,000 cubic feet of LNG to Egypt over the past four months through the Aqaba-based Floating Storage Regasification Unit.

Shell pays last loan installment for LNG plant in Beheira

Wed, 12 Jul 2017 - 01:18 GMT

The Idku plant will generate high revenues for Egypt.