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El Molla received a performance report by the Egyptian Natural Gas Holding Company (EGAS) for the first 10 months of the fiscal year (FY) 2019/20, from July 2019 to April 2020.
Italian company raises its stake in liquefaction plant to 50%: source
The technology needed to extract gas from under the Mediterranean, as well as the process, and transportation, is well established. But given the constraints that “lower for longer” oil and gas price forecasts have on energy companies, and the urgent need to tackle the challenges of climate change and massively reduce CO2 and other emissions, the industry is increasingly turning to technology that lowers lifecycle costs, optimises output, and protects the planet.
Egyptian member of parliament believe fair gas prices for factories is $3.5-4.5 per million British Thermal units
Shell Egypt’s total natural gas production level is 350m cubic feet per day, says Moataz Darwish
Company starts constructing 6 giant mobile tankers with different capacities
Linking Zohr’s full production to national network requires pipelines to operate 70 bar pressure: source
The first agreement in the East Horus region, Western Desert, is with the Egyptian General Petroleum Corporation (EGPC) and Shell, comes at a minimum investment of approximately $24.5m, and a signature grant of $23m to drill five wells.
It comes due to decline in Jordanian power plants’ gas consumption in winter
Egypt’s Idku to liquefy Israeli gas in preparation for exporting it to Europe
Exports fell by 600m scf/day: Source
Egypt’s gas production increase to 7.2bn scf/day, $5bn investments to raise fuel storage capacity
We achieve higher economic return from exporting natural gas than liquefied gas: EGAS
Paper manufactures called for imposing protective tariffs on paper imports
Lower temperatures increase production efficiency which in turn reduce consumption of natural gas according to indutry source
Gas transmission with reverse line from Ashkelon to El-Arish is completed, paving the way for Dolphinus to start imports according to informed sources
Emissions caused 55 cases of suffocation in surrounding region to factory
Completion of periodic maintenance of one of Idku’s liquefaction units contributed to this hike, says source
Agreement allows gas transfer from Tel Aviv in 1Q 2020, says source
Western Desert concessions produce 1.38 bn scf/day
Gas exports determined upon Amman’s requests after Egypt meets local needs, says EGAS
EGAS revealed that Electricity Ministry received 62.3% of locally consumed gas
Egypt poised to achieve surplus of production after meeting the needs of domestic market
EGAL saves about EGP 31m in production costs following gas price fall
Linking 80m cubic feet from the second well in stage 9B, according to industry sources
Exports from Leviathan to start 1 January 2020, from Tamar to start on 30 June 2020
Gas consumption by power plants down by 500m scf/day, say source
Report comes along with UN Climate Action Summit, includes data on state of climate
A source at the Egyptian Natural Gas Holding Company told Daily News Egypt that the consumption of gas stations decreased by about 300m scf/day as temperatures fell and the winter months approached.
Foreign companies pump 94.3% of investments, state-owned companies represent 5.7%