Friday 20 backend.Sep

gas

Saudi Arabia to build LNG tanker fleet
2024/09/19

Saudi Arabia to build LNG tanker fleet

Saudi Arabian shipping company El Bahari is set to expand its fleet with the construction of new natural gas carriers. This move aligns with the...

BP invests $200M to boost Raven Field gas production
2024/09/14

BP invests $200M to boost Raven Field gas production

Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, met with Engineer Nader Zaki, Regional President of British Petroleum (BP) in the Middle East and...

Egypt, Cyprus seek energy synergy with gas field connection
2024/09/08

Egypt, Cyprus seek energy synergy with gas field connection

Bloomberg has reported that Egypt and Cyprus are planning to construct a 90-kilometer subsea pipeline to connect the Aphrodite gas field to the production facilities...

European gas prices surge; competitors for Egyptian supplies
2024/09/07

European gas prices surge; competitors for Egyptian supplies

Natural gas prices in Europe have risen, in light of indications of increased competition with Egypt to purchase fuel shipments.

Egypt expects electricity price hike to save 30 billion pounds
2024/08/25

Egypt expects electricity price hike to save 30 billion pounds

Egypt anticipates that the recent increase in electricity prices will result in savings of approximately 30 billion Egyptian pounds in the state budget during the...

Kuwait to secure 15-year LNG supply for growing demand
2024/08/21

Kuwait to secure 15-year LNG supply for growing demand

Kuwait is intensifying negotiations to secure additional liquefied natural gas (LNG) supplies, a strategic fuel essential for electricity generation, to address the growing domestic demand.

Egypt, Eni to build gasification unit in Damietta
2024/08/12

Egypt, Eni to build gasification unit in Damietta

The Egyptian government has reached an agreement with the Italian energy company Eni to build a stationary gasification unit. This contrasts with a floating unit...

Egypt to build new wind farm with Masdar investment
2024/08/08

Egypt to build new wind farm with Masdar investment

Ministry of Electricity and Renewable Energy is poised to sign an agreement with Abu Dhabi Future Energy Company (Masdar) this quarter to initiate a wind...