Egypt in talks with foreign companies over long-term LNG purchases
LNG spot prices have recently increased to around USD 14.50 per million British thermal units, rising from approximately USD 12/mmBtu when Egypt commenced tendering for LNG...
Tag : LNG
Qatar & Kuwait LNG supply deal: All you need to know
In 2020, Kuwait and Qatar agreed to deliver 3 million tons of LNG annually for 15 years starting in 2022, aligning with the current agreement...
Egypt to receive LNG supplies through Port of Sokhna as summer arrives
In 2023, Egypt's total natural gas production fell to its lowest since 2017, figures from the Joint Organisations Data Initiative show...
Qatar GDP growth to slow to 2.3% in 2023 as FIFA effect dies down
The NFE will start to increase revenue streams in 2026, adding to Qatar's already robust fiscal and external net asset positions, which will continue to be a key rating strength...
Shipping cost soars, courtesy — vessel shortage
by Prajwal Wele
Xeneta chief analyst Peter Sand stated that shipping this year has been remarkable as a result of the war in Ukraine...
Petronas signs deal to supply carbon-neutral LNG to China’s Shenergy
Petronas will make the delivery between October and March next yearPetronas will make the delivery between October and March next year...
Shell to sell Gasnor as part of its divestment plan
The company’s decision to sell its assets comes at a time when it is exploring ways to achieve low-carbon energy...
Kariya Energy seeks to acquire oil and gas assets in Africa nations
The company will target producing oil and gas assets, in addition to developing small-scale LNG...
Petronas to cut costs after Q1 profit slumps by 68%
Petronas will cut capex by 21pc and operating costs by 12pc this year...