Saturday, September 25, 2021

President talks gas with ExxonMobil - CYPRUS MAIL

September 25, 2021

President Nicos Anastasiades and ExxonMobil discussed the company’s drilling plans in Cyprus’ exclusive economic zone (EEZ) block 10, during a meeting in New York, a presidency statement said Saturday.

The ExxonMobil delegation was headed by Senior Vice President Mike Cousins.

Foreign Minister Nicos Christodoulides and Energy Minister Natasa Pilidou also took part.

The two sides discussed issues related to the company’s plans in block 10 and developments in the eastern Mediterranean as well as further actions on the part of the government of Cyprus regarding the unhindered implementation of its energy designs in Cyprus’ EEZ.

LNG Terminal of Alexandroupolis secures funding from the Operational Programme Competitiveness, Entrepreneurship and Innovation 2014-2020 - GASTRADE


A major milestone for the LNG Terminal of Alexandroupolis has been achieved as it has been formally included in the Operational Programme Competitiveness, Entrepreneurship and Innovation 2014-2020 (ΕΣΠΑ - ΕΠΑνΕΚ), thus securing its financing of € 166.7 mil. The Project will enhance energy security and independence of supply for Greece and SE Europe.

Thursday, September 23, 2021

Egypt Snubs LNG, Plans To Send Gas to Lebanon Via the Arab Gas Pipeline - JOURNAL OF PETROLEUM TECHNOLOGY

September 23, 2021
Pat Davis Szymczak

Egypt says it is stopping gas supplies to the Egypt Liquefied Natural Gas (ELNG) export terminal at Idku near Alexandria immediately and that it will supply gas to the Damietta LNG plant only until year end as it prepares to redirect surplus gas exports to Lebanon via the Arab Gas Pipeline.

Jordan’s Ministry of Energy and Mineral Resources announced in early September it would deliver Egyptian gas to Lebanon after oil ministers of nations responsible for the Arab Gas Pipeline (Egypt, Jordan, Syria, and Lebanon) met in Amman to agree on a regional response to Lebanon’s ongoing fuel and electricity crisis, local media reported.

The English language news site Egypttoday.com quoted Egyptian Minister Tarek El Molla as saying, “Egypt is working to speed up coordination for delivering Egyptian natural gas to Lebanon through Jordan and Syria.”

Lebanon is in a state of economic collapse that the World Bank has called one of the worst on record, and, because it lacks foreign currency to pay for energy imports, the country was forced to switch off its two main power plants in July for lack of fuel, plunging the country into a near total blackout.