Egypt’s LNG imports nosedive in January - LNG WORLD NEWS

9 FEB 2018

Egypt’s imports of liquefied natural gas (LNG) declined dramatically in January as the country is gearing towards halting the imports due to increase in domestic gas production.

The country’s LNG imports in January dropped 66% year-on-year, pursuing the downward trend registered in the fourth quarter last year when they declined 40 percent as production from new fields ramp up, according to the France-based international association for gas, Cedigaz.

The Cedigaz infographic shows that only Qatar and Norway supplied LNG to Egypt in January.

Egypt that has turned a net importer over the course of 2016, due to falling production, has deployed two FSRUs in Ain Sokhna that serve as the country’s import terminals.

Egypt: FSRU BW Singapore hits LNG STS milestone - LNG WORLD NEWS

August 2, 2017

Gas shipping giant BW said its FSRU BW Singapore that is currently operating in Egypt has reached a ship-to-ship transfer milestone.

BW LNG’s first floating storage and regasification unit (FSRU) has completed its 100th STS transfer on 22 July 2017, the company said in a brief statement through its social media channels.

BW Singapore was earlier this year relocated to the port in Sumed from the port of Ain Sokhna.

The FSRU started serving as Egypt’s second LNG import terminal in October 2015 under a five-year contract with the Egyptian Natural Gas Holding Company (EGAS).

Egypt: BW Singapore FSRU moves to port in Sumed - LNG WORLD NEWS

FSRU BW Singapore

June 7, 2017

Singapore-based gas shipping giant BW said its FSRU BW Singapore has been relocated to the port in Sumed, Egypt to continue its contract with the Egyptian Natural Gas Holding Company (EGAS).

The FSRU so far served as Egypt’s second import terminal in the port of Ain Sokhna, starting full operation October 2015.

In a brief social media statement, BW’s LNG unit noted that the relocation of the FSRU, which was a business decision made by EGAS, demonstrates the flexibility to optimize operations for the charterer.

BW Singapore, serving EGAS under a five-year charter, has a storage capacity in excess of 170,000 cbm and a peak regasification capacity of 750 mmscfd.

Egypt will reach natural gas self-sufficiency by 2018 -EGAS - ENTERPRISE / REUTERS

Thursday, 16 February 2017

Egypt aims to reach natural gas self-sufficiency in 2018, EGAS Chairman Mohamed El Masry told Reuters’ Arabic Service. The private sector will be able to import natural gas for industries through new regulations by 2018 or possibly before then, he added. A large portion of the gap between supply and demand will be filled when the Zohr field begins production at the end of the year, he said. 

Egypt cancels tender to rent third LNG regasification terminal - REUTERS

December 13, 2016
Reporting by Ehab Farouk; writing by Asma Alsharif; editing by Louise Heavens

CAIRO (Reuters) - Egypt has cancelled its tender to rent a third natural gas import (LNG) regasification terminal as it is no longer needed, Oil Minister Tarek El Molla told Reuters on Tuesday.

"The tender to rent a third regasification terminal was cancelled due to a lack of need for it and until we reassess the gas production capacity of Egypt and the consumption levels over the next few years," he said.

Once a net energy exporter, Egypt began importing liquefied natural gas (LNG) last year and has leased two floating and storage regasification units (FSRU) already to help avert power shortages caused by falling energy production and rising consumption.

Egypt: FSRU BW Singapore hits LNG STS milestone - LNG WORLD NEWS

LNG World News Staff
Posted on September 14, 2016

Singapore-based gas shipping giant BW said its FSRU BW Singapore, used as Egypt’s second LNG import terminal in Ain Sokhna Port, has achieved a milestone ship-to-ship (STS) transfer.

BW Singapore completed its 50th STS transfer since it started operations in Ain Sokhna in October last year, BW said on Tuesday through its social media channels.

The shipping company confirmed in September last year it had been selected by Egas of Egypt to provide LNG regasification services under a five-year deal utilizing the FSRU.

Egypt seeks third FSRU - NATURAL GAS AFRICA

June 29th, 2016

Egypt is reported to have launched a tender for a third floating LNG import terminal to meet anticipated growth in demand from power plants.

Daily News Egypt on June 26 quoted the petroleum minister, Tarek El-Molla, saying that a tender for the charter of a third floating storage and regasification unit (FSRU) would be issued this week; he told the news service that the vessel would have a regasification capacity of 750mn ft³/d.

Reuters on June 29 reported that the tender was launched June 28, with offers from companies due within two weeks, citing an official from state-run gas company Egas. NGA was unable to get confirmation direct from Egas or shipowners.

LNG FSRU 'BW Singapore' in full operation in Ain Sokhna, Egypt - BW GROUP

Singapore, January 25, 2016

IN CONTINUATION OF press release dated 4 August 2015 where BW announced the winning of an EGAS tender for the provision of regasification services in Ain Sokhna, Egypt, LNG Floating Storage and Regasification unit (FSRU) BW Singapore has been in full operation since October 2015.

The vessel was delivered and commissioned in three months from the date of contract-signing, which is a world record. Since operations commenced, BW Singapore has carried out more than 10 Ship-to-Ship (STS) operations and sent out between 500-600 mmscf/d of natural gas on a daily basis into the national grid. This was made possible by the professionalism and competence of the team at The Egyptian Natural Gas Holding Company (EGAS), who continues to provide professional support to the BW team.