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China’s ENN Energy valued at $11.6 billion in privatization offer

Oil & Gas 360º

It operates more than 250 city gas projects nationwide and has an annual LNG distribution capacity of over 10 billion cubic meters (bcm). The companys business is in the entire gas value chain, including distribution, trading, storage and transportation, production, and engineering.

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Electricity Consumption Drives Growth in Energy Demand During 2024

Egypt Oil & Gas

It explained that electricity consumption has been doubled in 2024, compared to the annual average over the past decade, due to global temperatures as well as rising consumption from industry, the electrification of transport, and the growth of data centers and artificial intelligence.

BCM 52
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Oil Review Middle East - Untitled Article

Oil Review Middle East

The report highlights the surge in global electricity consumption , which rose by nearly 1,100 terawatt-hours, or 4.3%, nearly double the annual average over the past decade, driven by record global temperatures, rising consumption from industry, the electrification of transport, and the growth of data centres and artificial intelligence.

BCM 59
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GASCO Showcases Remarkable Achievements During 2024

Egypt Oil & Gas

He elaborated that the company transported 64 billion cubic meters (bcm) of gas during 2024. Salah El Din added that the electricity sector had the largest share of the transported gas, representing 56% of the total quantities transported.

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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

One report is that if the 22 LNG terminals that have been approved for construction are built, their combined regasification capacity could reach 349 Bcm/y. (If If US LNG consumption grows 6% annually, consumption will total 46 Bcm/y by 2020.)