Egypt is negotiating with Germany to lease a liquefied natural gas (LNG) unit to secure additional supplies ahead of rising summer demand.
Updated 3/12/2025 11:15:00 AMEgypt plans to sign an agreement with Cyprus in March to lease a floating gasification unit for the summer.
Updated 2/18/2025 10:16:00 AMEgypt is set to receive the Turkish gasification ship BOTAS next June to supply the country with up to 500 million cubic feet of natural gas per day, in a move to enhance electricity generation capacity during the summer.
Updated 2/4/2025 10:15:00 AMEgypt has signed contracts with Dutch Shell and French Total to purchase 60 shipments of liquefied natural gas (LNG) in 2025, valued at approximately $3 billion.
Updated 2/3/2025 1:21:00 AMEgypt has leased a third floating gasification unit to meet growing domestic energy demands and supply natural gas to Jordan.
Updated 12/9/2024 7:43:00 AMThe Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with the American company New Fortress Energy to lease a second floating gasification unit in the local market.
Updated 12/8/2024 3:29:00 AMThe Egyptian Natural Gas Holding Company (EGAS) is currently in negotiation to rent a gasification ship, which converts liquefied natural gas (LNG) into synthetic gas.
Updated 4/4/2024 11:45:00 AM