Egypt in talks for LNG cargoes purchase amid energy crisis – report
Egypt is currently negotiating with Qatar, Algeria, Saudi Aramco and major global trading firms for LNG.
23 May 2025
23 May 2025
Egypt is currently negotiating with Qatar, Algeria, Saudi Aramco and major global trading firms for LNG.
The legislation, which passed with a 54-13 vote, aims to create uniform environmental licensing rules for energy projects.
Standalone renewable refineries to drive SAF production capacity in the region.
The job cuts may spark tensions with Pemex’s unions, which represent more than 80% of its 130,000 workers.
This project is expected to generate up to 100 employment opportunities, with Bilfinger UK serving as the principal designer and contractor at crucial sites.
The combined group will have annual revenue exceeding $1bn (Nkr10.12bn) and approximately 1,800 employees.
The Kojo PSC area is estimated by MIGAS to contain 90.2mbbl of oil and 2.1tcf of gas.
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