Gulf Oil and Gas accountACCOUNT

Shell Purchase Its First LNG Shipment From Egypt

Source: www.oilegypt.com 6/23/2005, Location: Africa

Shell Gas and Power has purchased its first LNG shipment from the gas liquefaction plant in Idku. Shell’s LNG tanker Granatina carried the 138,000 square cubic meter shipment, which is bound to the United States. This transaction demonstrates the strength of the partnership between Shell and the Egyptian oil and gas sector and indicates Shell’s interest in the LNG field in Egypt. Egypt is strategically located close to the company’s traditional markets in Europe and the US.

Egypt is set to become a major global player in the LNG market. The creation of the Idku and Damietta gas liquefaction plants in record time and according to international standards has strategically positioned Egypt on the global map of LNG and paved the way for attracting foreign investments.

“Shell is interested in increasing cooperation with Egypt in the LNG sector. As the main global player in this field, Shell cannot ignore the available LNG opportunities in Egypt,” said Iman Hill, the chairwoman of Shell Companies in Egypt.

“I’m pleased with this cooperation with Shell as it reflects the level of international confidence in Egypt’s LNG sector. It will certainly encourage other international players to take similar interest,” said Engineer Ibrahim Ahmed, Vice Chairman of EGAS.

LNG Carriers News in Egypt >>

Russia >>  9/15/2020 - On 14 September 2020, PAO Sovcomflot (“SCF Group”) took delivery of SCF Barents, a new 174,000-cbm LNG carrier. The following day, the vessel embarked...
Malaysia >>  9/8/2020 - As part of the Company’s latest customer-centric solution to facilitate the growth of cleaner energy use across Peninsular Malaysia, PETRONAS recently...

United States >>  9/8/2020 - Wartsila Gas Solutions took delivery on August 28 of four LNG cargo tanks from the company’s supplier in China. The successful completion of this deli...
Russia >>  9/7/2020 - SMART LNG, a joint venture of SCF Group and NOVATEK, has signed contracts with VEB.RF Group and Zvezda Shipbuilding Complex to construct and lease ten...

Australia >>  9/4/2020 - BHP has awarded the world’s first LNG-fuelled Newcastlemax bulk carrier tender, with the aim of reducing greenhouse gas (GHG) emissions by more than 3...
China >>  8/31/2020 - Newport Shipping announces it will be working with global LNG market service provider Gloryholder Liquified Gas Machinery (DL) Co., Ltd (LGM Engineeri...

Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

Oil & Gas Projects in Egypt >>

More News

Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.