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Latest in Tag: gas production

Petroleum Ministry aims to increase gas production by 19.53%

The Ministry of Petroleum is aiming to increase the average production of Egypt’s natural gas during this fiscal year by 19.53%, to reach 5.342bn cubic feet of natural gas daily, compared to 4.469bn cubic feet of gas daily throughout the past fiscal year 2016/2017, according to data from the ministry. Data reveals that the ministry …

Ahmed Ismail

Eni invests $4bn in Zohr gas production processing plant

Italian oil company Eni invested $3.5-4bn in implementing the Zohr natural gas production processing plant at a capacity of 2.7bn cubic feet of gas per day. Minister of Petroleum and Mineral Resources Tarek El-Molla told Daily News Egypt that the total investments in Zohr field are estimated at $12bn until the point when production begins. …

Mohamed Adel

UAE’s DANA Gas receives $60m in overdue payments from Egypt

Emirati company Dana Gas said in a Sunday statement that it received $60m in late dues from the Egyptian government. The sum makes up only a part of the full amount of $212m Egypt still owes to Dana Gas. Egyptian payments to oil and gas companies have been delayed due to the country’s faltering economy …

Mohamed Ayyad

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