, anonymous sources told Reuters this week.
is hoping to find a willing participant for a five-year contract with the option of extending it, the source suggested. So far, Egypt has already purchased one LNG shipment scheduled to deliver sometime in May, but it has plans to purchase more in an attempt to get ahead of the scorching summer season that routinely triggers power blackouts due to the heavier load.
LNG Gas FLNG Tamar LNG Chevron
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Gas Producer Optimistic Despite Very Low Natural Gas PricesDespite multi-year low natural gas prices in the United States, domestic producers continue to be optimistic about the long-term prospects of gas as a fuel, both in America and abroad
Source: OilandEnergy - 🏆 34. / 68 Read more »
Israel's Gas Exports to Egypt Soar Despite Political TensionsDespite political tensions, Egypt's natural gas imports from Israel surged in 2023, with both countries expecting economic benefits from the expanded deal.
Source: OilandEnergy - 🏆 34. / 68 Read more »
Australia's Energy Transition in Jeopardy Amid Natural Gas Supply ShortagesOne of Australia's biggest energy infrastructure operators has warned that the country's energy transition is under threat due to a lack of new local natural gas supply.
Source: OilandEnergy - 🏆 34. / 68 Read more »
PetroChina Books Record Profit as Natural Gas and Fuel Demand SoarChinese oil and gas giant PetroChina reported record profit in 2023 thanks to rising natural gas demand and strong fuel sales.
Source: OilandEnergy - 🏆 34. / 68 Read more »
Russia Attacks Natural Gas Storage Site in UkraineIn the latest of a string of attacks on energy targets, Russia attacked an underground natural gas storage site in Ukraine, but Naftogaz claims supply to customers has not been disrupted.
Source: OilandEnergy - 🏆 34. / 68 Read more »
Saudi Aramco To Expand Natural Gas Output Capacity by 60%After scrapping oil capacity expansion plans earlier this year, Saudi state oil giant Aramco is now poised to boost natural gas output by 60% by 2030
Source: OilandEnergy - 🏆 34. / 68 Read more »