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Upstream issues, rising domestic gas demand and regional geopolitics will remain obstacles to Egypt’s ambition of becoming a major LNG and pipeline gas supplier.
The Philippines has long been touted as a potential LNG importer and a market with long-term growth potential. However, even with a number of projects moving forward, challenges remain.
Gastrade has pushed back the completion date of the project by a further six months, but the suspension of DEPA’s privatisation process suggests a longer delay is likely.
The country is expected to award contracts for FSRUs by the end of the month with a view to starting LNG imports in 2021, but the timeline for its power projects looks dubious.
Chevron has thrown its support behind the Mozambique LNG project it will operate as part of the $50 billion takeover
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