Indicators for the second well revealed larger reserves; six wells to be drilled in total at a cost of $100m each
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Increasing the quantity of gas imports will meet the demands for economic development, says Petroleum Minister El-Molla
Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply
Decrease of Brent price lowers companies’ investments in Egypt
“Höegh” ship for gasification will arrive at Sokhna port at the end of this month
Foreign partners postpone linking several wells until end of re-pricing with government, says EGAS
Foreign companies to postpone linking of wells before re-pricing, decline of 1.2bn cubic feet in annual gas production in fields
Egypt is said to have signed an agreement with Cyprus to buy natural gas to fulfil the local market’s needs.
The Ministry of Electricity demanded a maximum of approximately 149m cubic metres of daily gas to stations during the summer, says Abdel Badie
Operating Helwan, Al-Qawmeya, and Al-Katameya plants only due to their link to Gharadiq field
Decrease gas production and domestic market needs cause sharp exportation decline
Total local production to increase by 200m cubic feet
A senior official with the Egyptian Natural Gas Holding Company (EGAS) said the company received offers for a gas import tender from BP, Vitol, Trafigura, Golar LNG, and three other companies. The official added that a decision on the financial proposals from applying companies will be made this week. The announcement of the final result …
Second LNG vessel to be received in Port Said by next March
In a press statement, Ismail said that a delegation from the Egyptian Natural Gas Holding Company (EGAS) was sent to Cyprus to conduct technical discussions on the subject.
Companies refusing to comply with ministry’s domestic fertiliser quotas
Egypt has ceased exporting gas to Jordan several times this year due to the tense situation in Sinai and multiple explosions on the export pipeline
EGAS stopped pumping gas to MOPCO, EFC, and EBIC factories; reduction of 80% of gas needs of cement plants
Fuel station deficit worth 6m cubic metres of gas and equivalent daily
Recent fuel price rise may provide incentive for investments in exploration in Egypt
Delegation from Algerian firm set to arrive in mid-July to conclude proceedings
The Ministry of Petroleum is looking to increase domestic natural gas usage to ration butane consumption, which makes up a large portion of subsidies on petroleum products.
Production rates will not exceed 4.9bn cubic feet of gas until the end of this year, reflecting the continuing decline in the productivity of wells and small projects connected to the production line
MOPCO, AlexFert, and EBIC were among the affected firms, while Methanex’s Damietta plant has not received gas in over two weeks
130m square feet of gas to be linked to national gas grid in September 2014
Petrochemicals company delays routine maintenance in operations of the Egyptian Natural Gas Company (GASCO), which was scheduled to start on Saturday
EGAS president says shipments will meet electricity demand for two and a half months
Ministry of Petroleum says the project will be carried out by the Egyptian Drilling Company
Tarek Shoukry believes the prices of the property units by around 25%.
Chairman of EGAS attributes this increase to the accessibility of funding