Thursday 23 Jan

LNG

European gas prices surge amidst Ukraine Transit Deal uncertainty
2024/12/24

European gas prices surge amidst Ukraine Transit Deal uncertainty

Natural gas prices in Europe have surged for the third consecutive day, fueled by anxieties surrounding the impending expiration of the crucial Russian-Ukrainian gas transit...

Shell, BP to begin Egyptian gas field operations in 2026
2024/12/17

Shell, BP to begin Egyptian gas field operations in 2026

Egypt's Natural Gas Holding Company (EGAS), affiliated with the Egyptian Petroleum Ministry, has agreed with Shell and BP to commence production from the Harmattan gas...

EGAS, New Fortress Energy sign agreement for FSRU lease
2024/12/08

EGAS, New Fortress Energy sign agreement for FSRU lease

The Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with New Fortress Energy to lease a Floating Storage and Regasification Unit (FSRU). This...

Egypt, Jordan partner to secure natural gas supplies
2024/12/03

Egypt, Jordan partner to secure natural gas supplies

Egypt and Jordan have signed an agreement to utilize Egypt's existing floating storage and regasification units (FSRUs) to import liquefied natural gas (LNG) and supply...

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...

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.

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.