News

Two new LNG floating terminals are now operational in Egypt, bringing some relief to the North African nation that last year ...
Egypt is poised to boost liquefied natural gas purchases until the end of the decade, tightening the global market and ...
New Fortress Energy Inc., via a subsidiary, has executed a 5-year agreement for the deployment of the Energos Winter, an FSRU ...
State-owned EGAS contracted a second floating storage and regasification unit from New Fortress Energy for five years.
New Fortress Energy (NFE) has finalised a five-year charter for the deployment of the Energos Winter, a 138,250m³ floating storage and regasification unit (FSRU), with the Egyptian Natural Gas Holding ...
Arabian Gulf Business Insight on MSN20h
Egypt LNG imports to surge as local demand soars
Egypt is reportedly planning to increase liquefied natural gas (LNG) imports by the end of the decade as local output lags rising demand. Import volumes are expected to exceed the target set through ...
Speed is another selling point. Newbuild FLNG projects can be delivered in as little as 2.85 years, compared to 4.5 years for ...
Meanwhile, LNG imports surged to 2.5 billion cubic metres in the first four months of 2025 from 110 million cubic metres in the same period in 2024, based on Jodi data.
Italy has set out its aims to become a gas hub, striking deals to boost piped gas imports from Algeria and Libya, as well as LNG from further afield, including Egypt and Congo-Brazzaville.
The proposed terminal would store up to 450,000 cubic meters of LNG equivalent to 9.2 bcf of gas, vaporize LNG and send it out through a connecting pipeline at a baseload rate of 1.2 bcf per day.