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LNG Processing News

First Shipment Achieved at World's Largest Capacity LNG Train in Egypt
Egypt >> 2/2/2005 - HOUSTON, Texas – KBR, a subsidiary of Halliburton , and its joint venture partners are celebrating the successful achievement of the first LNG shipment from the SEGAS LNG liquefaction facility located...
$600 million for the Egyptian LNG project in Idku
Egypt >> 5/10/2004 - Cairo – May 10, 2004 – British Gas, Petronas and Gaz De France have finalized the agreement of financing the first train of the Egyptian LNG plant In Idku which has a total value of $950 Million
Petronas study the addition of 2 new trains to Idku LNG
Egypt >> 4/22/2004 - The Egyptian petroleum sector is currently studying proposals from Petronas of Malaysia to add two new LNG trains to the Egyptian LNG plant in Idku. This extension is proposed to meet the increasing d...
BG Group increases its investment in Egypt to $6 billion
Egypt >> 4/22/2004 - Stuart Fysh BG’s Executive Vice President & Managing Director Mediterranean Basin and Africa announced that BG Group will increase its investment in Egypt to $6 billion.

The natural gas liq...
BG and partners sign Sale and Purchase Agreements for ELNG Train 2
BG and partners sign Sale and Purchase Agreements for ELNG Train 2 Egypt >> 9/25/2003 - BG Group plc and its Egyptian LNG (ELNG) Train 2 partners have signed the full Sale and Purchase Agreements (SPAs) for the sale of the entire 3.6 million tonnes per annum (mtpa) output of ELNG Train 2...
Egypt plans to add a third train to Idku LNG project
Egypt plans to add a third train to Idku LNG project Egypt >> 9/23/2003 - Currently Egypt is studying the construction of a third train in Idku LNG plant with an estimated investment of $550 million. Many financial institutions and international petroleum companies are inte...
BG and partners agree principal terms for Egyptian LNG Train 2
BG and partners agree principal terms for Egyptian LNG Train 2 Egypt >> 7/3/2003 - BG Group plc and Egyptian LNG (ELNG) Train 2 partners have agreed the principal terms for Liquefied Natural Gas (LNG) Sale and Purchase Agreements (SPAs) for the entire 3.6 million tonnes per annum (m...
EGAS, EGPC, UNION FENOSA GAS & SEGAS SIGN AGREEMENTS IN RELATION TO THE DAMIETTA LNG PLANT
Egypt >> 6/30/2003 - On 30th June 2003, at EGAS headquarters in Cairo, Egyptian Natural Gas Holding Company (EGAS), Egyptian General Petroleum Corporation (EGPC) and Union Fenosa Gas, S.A. signed a Participation Agreement...
$70 million loan for EGPC & EGAS to finance Idku LNG
$70 million loan for EGPC & EGAS to finance Idku LNG Egypt >> 6/19/2003 - On 17 June 2003, EGPC & EGAS acquired $70 million loan arranged by "APICORP" the Arab Petroleum Investment Corporation, which is specialized in financing and supporting the hydrocarbon and energy sect...

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