Indranathan Somu

Mumbai

Schwerpunkte: Trader

Oil & Gas news

Egypt Launches Global Tender for Floating LNG Storage Unit to Strengthen Summer Gas Supplies

Egypt expects to import around 3.9 billion cubic feet (bcf) of natural gas per day during the current summer season.

The committee can increase prices, keep them unchanged or reduce them, depending on the cost of supplying fuel to the Egyptian market.

This will allow fuel prices to be reviewed every three months based on global oil prices and other market factors

The parties discussed the application of modern extraction technologies, including horizontal drilling and hydraulic fracturing.

Electricity demand is forecast to increase by around 8% compared with last year, driven by higher consumption and peak loads.

Oil & Gas Events

EGYPES 29.03.2027

Download the free 180 pages report