Egypt holds off renting third FSRU until electricity demands determined

Published by David Rowlands, Editor
LNG Industry, Monday, 07 November 2016 09:30

According to Reuters, an official at EGAS has said that Egypt will delay its plans to rent a third floating storage regasification unit (FSRU) for one month, until the ministry of energy determines its electricity requirements.

Reuters claims that the third FSRU is expected to arrive at the end of June 2017 in order to meet the increase in demand from new power plants coming online.

The official reportedly said: “We decided to delay holding the tender for one month (until end-November) until an agreement is made with the ministry of electricity over its needs for LNG over the coming period.”

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07112016/egypt-holds-off-renting-third-fsru-until-electricity-demands-determined/

New Fortress Energy signs long-term gas supply agreement with Puerto Rican government

Wednesday 17 September 2025 15:00

New Fortress Energy Inc. has reached agreement on contract terms with the Third-Party Procurement Office and the Puerto Rico Public-Private Partnerships Authority for the long-term supply of LNG to Puerto Rico.

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