Under a new agreement formalized earlier this month, Yinson Production, the operator of the FPSO John Agyekum Kufuor will add new gas compression and treatment modules to the Sankofa FPSO John Agyekum Kufuor, offshore Ghana, increasing gas export capacity by more than 60% while extending the vessel’s lease period to 2036. The project, to be […]
State-owned Egyptian General Petroleum Corp. plans to buy more than a million tons of diesel, gasoline and butane gas for delivery in November, up 60 percent from the same period last year, according to people familiar with the matter, who asked not to be identified as they’re not authorized to speak to the media. Egypt’s energy ministry didn’t respond to a request for comment.
The Middle East is on track to surpass Asia to become the world’s second-largest gas producer in 2025, ranking only behind North America, according to Rystad Energy research and analysis.
“The project has received the full support of the National and Provincial Governments in Argentina that granted all necessary approvals including the first ever unrestricted 30-year LNG export authorization in Argentina; qualification for the Incentive Regime for Large Investments; and provincial approval by the province of Río Negro for the offshore and onshore Environmental Impact Assessments for FLNG Hilli”, the companies said in a statement.