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Licensing of two companies to take place over next two months, says El-Mazni
Increasing the quantity of gas imports will meet the demands for economic development, says Petroleum Minister El-Molla
Egypt is still mired in an expensive and time consuming arbitration with UFG for providing natural gas to the domestic market.
Gas line with Amman to re-open this summer, importing 200m cubic feet daily
Ministry of Finance allocates EGP 223m to the Ministry of Petroleum to pay EGAS’ dues for delivering natural gas to homes, says first deputy finance minister
All oil exploration and production concession agreements in Egypt have been operating according to Production Sharing Agreements since 1973. This was a shift from the tax/royalty system towards equal sharing agreements concluded between the government, represented by the Egyptian General Petroleum Corporation (EGPC), and foreign companies, with a view to reduce the pressure on the …
Power plants consume 2.8bn cubic feet of gas and 25,000 tonnes of fuel daily, says official
Power stations consumed 2.65bn cubic feet and 23,000 tonnes of oil, says official
EGAS is studying their credentials, official says
Egypt ranks among top 20 gas-flaring countries in the world, says EBRD
After payment, the rate of the import of natural gas increased 1bn cubic feet per day
LNG shipment will arrive to Sokhna Port to connect to national gas grid, says official
The company is to pump 2.6bn feet of gas per day to power plants
On Sunday, IEC said it has no further announcements than the ones made on 6 December, in which it said it will act to collect the awarded amount
Egypt currently produces 4.15bn cubic feet of gas per day, compared to 4.5bn cubic feet last year.
Production of petroleum products, including natural gas, decline during September
Gasification ship will operate at a capacity of 500m cubic feet per day and quantities will increase when needed
The official added that Eni will complete the plan for developing the new exploration site in three years, and will drill 20 wells in the concession area in the deep waters to implement the development process.
The decrease in Brent’ prices negatively affected offers by foreign companies to explore in deep waters, says official
Tender to import 45 LNG shipments to be completed next week
The value per share reached €15.2 after company’s CEO announced that he expected investments worth 6bn to $10bn for development of field
Financial statements show revenues of EGP 544.68m, compared to EGP 290.1m during the same period in 2014
146 cubic metres of gas and oil equivalent are pumped to power plants
The Egyptian Natural Gas Holding Company (EGAS) and Russian government-owned Rosneft are negotiating technical and financial details to supply 24 liquefied natural gas (LNG) shipments to Egypt in the next two years. A senior EGAS official said in a statement to Daily News Egypt that the negotiations over the shipments will hopefully be finalised soon, …
The official said the second gasification ship is expected to be in Ain Sokhna Port by December.
BP starts supplying 18 liquefied gas shipments to Egypt next month
We will not be able to provide gas in case dues were not paid, says Abdel Badie
Technical evaluation in place for offers from companies taking part in tender
In 2013, Egypt’s total primary energy consumption was 1.7m barrels per day of oil equivalent, according to BP 2014 Statistical Review of World Energy
Fertiliser factories agree with ministry of agriculture to supply 78% of their production locally