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LNG traders hit with huge losses due to LNG plants disruptions in Nigeria, US and Australia
Nigeria’s liquified natural gas (LNG) facility at Bonny Island has seen production decline in recent months as a result of a shortage of natural gas supply due to rampant theft and sabotage of oil and gas pipelines. Also unplanned disruptions at LNG plants in the United States and Australia have wrong-footed traders, including BP and […]
Morocco-Mexico business partnership strengthens through cooperation agreement
The General Confederation of Moroccan Enterprises (CGEM) and the Confederation of Industrial Chambers of Mexico (CONCAMIN) signed a memorandum of understanding on Monday in Mexico City meant to strengthen economic and industrial cooperation between the two countries and establish a strategic partnership in investment and trade. The agreement, signed by CGEM President Chakib Alj, who […]
Egypt mulls plans to increase accommodation capacity of Cairo airport to 30 million passengers per year
The Egyptian Government is planning to expand by two folds the capacity of the Cairo International Airport to 30 million passengers per year, a cabinet statement issued on Monday January 15 said. Minister of Civil Aviation Mohamed Abbas presented in a meeting with Prime Minister Mostafa Madbouly the preliminary financial studies for the project which […]



