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The name SEGAS comes from the Spanish Egyptian Gas Company. [1] The complex consists of a single LNG train capable of liquifying up to 5 million tons of natural gas per year and is one of two LNG export plants in Egypt (the other being a two-train 7.2Mt/yr LNG plant in Idku, owned by Shell and Petronas which commenced operation in 2005).
The Gas Exporting Countries Forum (GECF) is an intergovernmental organization currently comprising 19 Member Countries of the world's leading natural gas producers: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, and Venezuela are members and Angola, Azerbaijan, Iraq, Mozambique, Malaysia ...
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Venezuela nationalized its oil industry in 1975–1976, creating Petróleos de Venezuela S.A. (PdVSA), the country's state-run oil and natural gas company. Along with being Venezuela's largest employer, PdVSA accounts for about one-third of the country's GDP, 50 percent of the government's revenue and 80 percent of Venezuela's exports earnings.
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The bilateral trade balance was negative for Spain since 2005, when Unión Fenosa gas liquefaction plant started operating in Damietta, due to the purchase of gas by UFG from Egypt to operate the plant and to export liquefied gas from Egypt. In 2013, when the supply of gas to the Damietta plant stopped, the bilateral trade balance became ...
(The Center Square) – Job growth in the Texas oil and natural gas industry continues to remain strong, contributing to Texas again leading the U.S. in job growth last month. In October, the ...