Egypt, Excelerate talk LNG cooperation

Egypt’s Petroleum Minister Karim Badawi met on Wednesday with Steven Kobos, president and CEO of US FSRU player Excelerate, to discuss LNG cooperation. The Egyptian Ministry of Petroleum and Mineral Resources announced this in a statement on Thursday following a meeting between Badawi and Kobos at CERAWeek in Houston. According to the statement, the two…

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

Atlantic LNG rates continue to increase

Atlantic spot LNG shipping rates rose for the third week in a row, rising $5,250 week-on-week to $25,250 per day, according to Spark Commodities.

More News Like This

Amazonica LNG, Jereh ink EPC deal for Colombian LNG terminal

Amazonica LNG has signed an engineering, procurement, and construction contract with China's Jereh to build what it says is Colombia's first onshore LNG import terminal.

Nord Gas Solutions secures contract for Excelerate’s first FSRU conversion

Nord Gas Solutions, formerly Wartsila Gas Solutions, has secured a contract to supply a regasification system for Excelerate Energy's first FSRU conversion.

Shell, partners take FID on new project to deliver more gas to Egypt

Egypt, which has turned to LNG imports over the last two years to cover domestic natural gas shortages, will receive more much-needed gas supplies after UK-based LNG giant Shell and its partners took a final investment decision on the Phase 12a development project in the West Delta Deep Marine (WDDM) concession.

Excelerate confirms Colombian FSRU charter deal, LNG carrier purchase

US FSRU player Excelerate Energy confirmed that it has signed a seven-year charter agreement with a unit of Canadian firm Frontera Energy to deploy its FSRU to a new LNG import terminal under development in Colombia. Excellerate also confirmed that it purchased a TFDE LNG carrier to convert it to an FSRU.