Egypt to Import LNG   From France
Egypt to Import LNG   From France

Egypt to Import LNG From France

Egypt to Import LNG From France

Egyptian Natural Gas Holding Company has arranged for the delivery of three liquefied natural gas cargoes from France’s Engie in the second quarter of 2018, EGAS sources said on Sunday. Trade sources told Reuters last month that Egypt was looking to import five cargoes of LNG at competitive pricing. Two trade sources said the purchases were arranged through bilateral deals and not via a standard tender process. Egypt plans to stop importing LNG by the end of the 2017-18 fiscal year ending in June, as it speeds up production at recently discovered gas fields, the petroleum minister said in January. Egypt is expected to stop importing liquefied gas by June 2018, as the country’s giant Zohr Gas Field began production by the end of 2017.  Minister of Petroleum Tarek El-Molla clarified that Egypt accomplished four important projects for gas production in 2017, which will add 1.6 billion cubic feet of gas per day. These projects are north of Alexandria’s fields Torres and Libra, Atoll, Norse and Zohr.

Short URL : https://goo.gl/8zPQG9
  1. https://goo.gl/Rer13b
  • https://goo.gl/KfFipU
  • https://goo.gl/qAgDHv
  • https://goo.gl/EkpB8o
  • https://goo.gl/BhTiA6

You can also read ...

Iran has become an exporter of oil byproducts after years of import.
With the aim of producing Euro-5 diesel in Shiraz refinery,...
BP: Technology to Lower Oil Extraction Costs
Better technology could reduce the average production costs of...
ExxonMobil Partners With Pakistan for LNG Terminal
ExxonMobil is working with a group of Pakistan’s large...
Italy's Eni Promises Richer Returns After Higher Growth
Italian oil major Eni hiked its dividend on Friday and held...
Total is ADNOC’s largest and one of its longest international partners, active in Abu Dhabi’s oil and gas sector since 1939.
Abu Dhabi National Oil Company said on Sunday it has signed 40...
Ardakanian Attends World Water Forum
Energy Minister Reza Ardakanian left Tehran for Brasilia,...
South Zagros Company has exceeded its daily production target by 2.5 million cubic meters.
South Zagros Oil and Gas Production Company, a subsidiary of...

Add new comment

Read our comment policy before posting your viewpoints