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2020-12-04 12:15:00

LNG FOR EGYPT

LNG FOR EGYPT

ENERDATA 3 Dec 2020 - The government of Egypt, the Egyptian General Petroleum Corporation (EGPC), and the Egyptian Natural Gas Holding Company (EGAS) have reached an agreement with the Italian and Spanish gas groups Eni and Naturgy to restart the 7.56 bcm/year (5.6 Mt/year) Damietta gas liquefaction plant in northern Egypt, which has been idle since November 2012. The LNG plant is due to restart operations in the first quarter of 2021.

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Earlier:

LNG FOR EGYPT
2020, November, 25, 11:45:00
AUSTRALIA'S SANTOS LNG UP
Santos, along with Australia's other east coast LNG projects Australia Pacific LNG and Queensland Curtis LNG, have come under pressure from the federal government in recent years to ensure domestic supply amid concerns of shortages since the development of the export projects.
LNG FOR EGYPT
2020, November, 20, 13:15:00
AUSTRALIA'S LNG FOR CHINA DOWN
Australian gas exporters argue that their projects are not contingent on Chinese buyers in a growing Asian market.
LNG FOR EGYPT
2020, November, 16, 12:35:00
QATAR LNG WILL UP
Qatar currently has an LNG production capacity of some 77 million mt/year, but has plans to boost it to 110 million mt/year by 2025 with the addition of four more trains and to 126 million mt/year by 2027 with the addition of two further trains.
LNG FOR EGYPT
2020, November, 11, 14:25:00
JAPAN LNG PRICES UP
The average contract price for spot LNG cargoes shipped to Japan in October rose to $6 per million British thermal units (mmBtu)
LNG FOR EGYPT
2020, November, 10, 11:10:00
LNG SUPPLIES WILL DOWN
"Global LNG supply will be moving from sufficient to tight in the next five years, with supply-demand differential falling from 200 Bcm in 2020 to 50 Bcm in 2025,"
LNG FOR EGYPT
2020, November, 10, 11:05:00
LNG ZERO EMISSIONS
Total recently shipped its first carbon-neutral LNG cargo sourced from Australia’s Ichthys LNG to CNOOC. The emissions created by the LNG cargo were offset by carbon credits procured through investments in wind energy and forest protection projects.
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Tags: LNG, GAS, EGYPT,
Chronicle:
LNG FOR EGYPT
2021, April, 15, 13:09:00
MASTERING WIND POWER 23 – 30 June 2021
Mastering Wind Power LIVE ONLINE COURSE OVER 5 SESSIONS Commences: 23 June 2021 – 30 June 2021 (7 – 10 am)
LNG FOR EGYPT
2021, April, 15, 13:05:00
U.S. OIL INVENTORIES DOWN 5.9 MB TO 492.4 MB
U.S. commercial crude oil inventories decreased by 5.9 million barrels to 492.4 million barrels.
LNG FOR EGYPT
2021, April, 14, 12:19:58
OIL PRICE: ABOVE $64 STILL
Brent rose 85 cents, or 1.3%, to $64.52 a barrel. WTI added 82 cents, or 1.4%, to $61 a barrel.
LNG FOR EGYPT
2021, April, 14, 12:15:00
GLOBAL OIL DEMAND WILL UP BY 6 MBD
In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.
LNG FOR EGYPT
2021, April, 14, 12:10:00
U.S. OIL PRODUCTION WILL UP
Higher prices are buoying drillers’ confidence. Benchmark Nymex oil gained nearly 35% in the past four months after OPEC and its alliance cut production to strike a balance between demand and supply. The fossil fuel is also getting a bump as Covid-19 vaccinations progress and Americans travel again, boosting gasoline consumption.
LNG FOR EGYPT
2021, April, 14, 12:05:00
EUROPE NEED €150 BLN PER YEAR
The financing for the EU economic plan, agreed at 750 billion euros in 2018 prices, but totalling around 800 billion euros at current prices,
LNG FOR EGYPT
2021, April, 14, 12:00:00
EUROPEAN WIND INVESTMENT $51 BLN
The investments financed 19.6 GW of capacity that will be constructed in the coming years. Around 13 GW of this will be in the EU.
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