Cyprus presses on with FSRU despite pipeline proposalProposals for a pipeline linking - INTERFAX

The Vassiliko gas-fired power station in Cyprus

18 July 2018
Verity Ratcliffe

Cyprus is preparing to tender a contract for the supply of an FSRU to be moored at Vassiliko. Plans for the project are progressing despite a proposal to pipe gas to Cyprus from offshore Israel, according to an official at Cypriot state-owned utility DEFA.

Companies will be invited to submit bids within the next few weeks, Andreas Pentaliotis, gas officer at DEFA, told Interfax Natural Gas Daily. After the tender for the FSRU, DEFA will hold two tenders for LNG supply.

Petronas shortlisted for US$1.2 bil Lebanon FSRU job - THE EDGE MALAYSIA

July 03, 2018 16:00 pm +08

Jose Barrock

NATIONAL oil company Petroliam Nasional Bhd (Petronas) and 12 other international outfits have been shortlisted to develop three floating, storage and regasification units (FSRUs) in Lebanon.

News reports out of Lebanon and international shipping publications put the value of the contract to build the three FSRUs at about US$1.2 billion (RM4.81 billion), with the three ships slated to be moored at Beddawi, near Tripoli; Selaata, north of Beirut; and Zahrani, which is close to Tyre; as recommended by advisers Poten & Partners.

“Yes, Petronas has been shortlisted, but it [the bidding] is quite competitive. Some of the shortlisted companies are consortiums, which are technically very strong,” says an oil and gas (O&G) executive who is familiar with the bidding.

The consortiums prequalified include Japan’s Kawasaki, Norway’s K-Line and US’ Fluor; a partnership between Italy’s Eni and Qatar Petroleum International; a joint venture between Singapore’s BW, Dutch company Vitol with two Lebanese companies Almabani and Butec; another partnership involving US-based Excelerate with British Dutch Shell partnering Lebanese outfit BB Energy; another involving Norway’s Golar Power in partnership with Consolidated Contractors Company of Greece; the Phoenicia Energy Consortium; and lastly, France’s Total working with Norway’s Hoegh.

Europe: Cyprus to launch tender for FSRU purchase - BUNKERSPOT

20.06.2018

The floating storage regasification unit (FSRU), which will be permanently stationed in Vasilikos harbour, is expected to facilitate LNG bunkering.

The FSRU is a key component of the CyprusGas2EU project, which falls under the European Union’s (EU) CYnergy project that aims to promote the uptake of natural gas in Cyprus and the development of a sustainable and fully functional natural gas market.

In a keynote address during a workshop in Nicosia earlier this week, Energy Minister Giorgos Lakkotrypis, who revealed that a separate tender for the import of LNG would be launched by the end of the year, said that Cyprus2GasEU had received €101 million in funding from the EU for the €250 million project.

‘Essentially, we shall be able, where necessary, to trade LNG between the infrastructures at Vasilikos and the [LNG terminal] at Revythousa in Greece,’ Lakkotrypis was quoted as saying by Cyprus Mail.

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 delays third LNG terminal until electricity needs determined -official - REUTERS

Sun Nov 6, 2016 8:55am GMTReporting by Ehab Farouk; Writing by Eric Knecht; Editing by Larry King

CAIRO Nov 6 (Reuters) - Egypt will delay plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry of electricity determines its LNG needs, an official at state gas buyer EGAS told Reuters on Sunday.

"We decided to delay holding the tender for one month (until end-November) until an agreement is made with the ministry of electricity over its needs for LNG over the coming period," said the official, who declined to be identified.

EGAS awards contracts for 11 LNG shipments between June and August - ENERGY EGYPT / ENTERPRISE

July 25, 2016

Trafigura, Royal Dutch Shell, Rosneft, and PetroChina were awarded tenders to supply EGAS with a total of 11 LNG shipments between the months of June and August, sources told Al Borsa.

Trafigura is supplying five shipments, followed by Shell with three, Rosneft with two, and PetroChina with one. As previously reported, EGAS has issued a tender for a third FSRU to meet domestic demand as the three Siemens power plants come online soon.

UPDATE 1-Egypt's tender for a third FSRU draws interest from four firms - REUTERS

Wed Jul 20, 2016 6:21am EDT
CAIRO

Egypt's tender to lease a third floating and storage regasification unit (FSRU) has drawn interest from four international firms, an Egyptian official told Reuters on Wednesday.

Once a net energy exporter, Egypt began imports of liquefied natural gas (LNG) last year and has leased two FSRUs already to help avert power shortages caused by falling energy production and rising consumption.

The firms that have expressed interest in the latest tender include Norway's Hoegh, U.S. firm Excelerate Energy and Singapore-based Norwegian gas shipping company BW Gas , the ministry official said, declining to name the fourth firm.

Hoegh delivered Egypt's first FSRU in April 2015 and BW Gas supplied the second in September.