Subscribe | Trial Registration | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Gas and LNG come out from oil’s shadow, part 3: LNG and a global market
The third part of our fourth chapter on the history of oil takes the story of gas to the present day with the rise of LNG and the creation of a truly global market
Gas and LNG come out from oil’s shadow, part 2: The power of pipelines
Gas is difficult to move compared with oil, requiring additional infrastructure. The second part of our history of gas examines how expanding pipeline networks made it possible to monetise the fuel
Gas and LNG come out from oil’s shadow, part 1: The early years
The first part of our fourth chapter on the history of oil looks at the origins of gas and LNG—once considered a nuisance, now a fuel of the future
Taiwan embraces long-term LNG
The island nation plans to phase out nuclear energy and substitute coal for gas, but must first overcome import capacity constraints
Weather and pricing key to Asia’s winter LNG demand
Nuclear availability in Japan and South Korea will also be an important factor in determining overall LNG requirements
Indonesia prioritises domestic needs over LNG exports
The country’s hunger for energy will continue to compete with its LNG exports, even as more gas projects progress and new liquefaction capacity comes online
Post-Soviet Russian oil and gas part 2: Sanctions and isolation
In the second of our two-part 90th anniversary issue series on Russian oil and gas, we look at how energy trade with Europe brought Russia in from the cold, and how adventurism in Ukraine sent it right back out again
Post-Soviet Russian oil and gas part 1: Privatisation and nationalisation
The Russian hydrocarbons industry has evolved greatly over the past three decades. In the first of a two-part series for Petroleum Economist's 90th anniversary, we look at the post-Soviet period and how control of oil and gas went from the state to private hands and back again.
Asia increasingly looks to flexible LNG supply
Demand growth and the expiration of existing contracts mean Asian nations will become less reliant on long-term contracted supply
The emergence of the US as a global LNG superpower
The US' meteoric rise as an exporter of the super-chilled fuel has redrawn the global energy map, with far-reaching implications
Egypt Cyprus Israel Eni LNG
Chris Stephen
Cairo
28 February 2019
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Egypt's gas paradox

Importing gas may seem counterintuitive, but a deal to do just that is part of the country's gas renaissance

Last year a private company, Dolphinus Holdings, signed a $15bn deal to buy Israeli gas. The 10-year contract will see the gas from offshore Israel — from the US' Noble Energy and Israel's Delek Drilling — sold for both domestic consumption and possibly for export via Egypt's two LNG plants, Damietta and Idku. The origins of the deal lie in the chaotic aftermath of Egypt's Arab Spring revolution, when gas production fell below ever-rising consumption. Prior to 2011, Egypt was a gas exporter, selling to Israel via the East Mediterranean Gas (EMG) pipeline. But in 2014, post-revolutionary chaos saw production fall. Prioritising the domestic market, Egypt ceased exports, with the two LNG plants

Also in this section
New African refineries could help break old dependencies
20 September 2024
A profound shift is occurring in the global refining sector, one which might help redefine Africa’s place in worldwide trade networks
Oil & gas in pursuit of the energy transition, part 2: IOCs and climate change
20 September 2024
European oil and gas firms are taking a different approach to the transition when compared with their American cousins. The second part of the fifth chapter of our history of oil and gas examines the ocean separating IOCs
Australia’s unresolved fuel security risks
19 September 2024
Lack of competitiveness in refining sector and underbaked oil reserves threaten long-term stability
Oil & gas in pursuit of the energy transition, part 1: Net zero and the trilemma
PE 90th anniversary
18 September 2024
In the first part of the fifth chapter of our history of oil and gas, we move the story on to the climate crisis and push for net-zero carbon emissions

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2024 The Petroleum Economist Ltd
Cookie Settings
;

Search