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Delegation from Sonatrach will visit Egypt at the end of January to negotiate quantities to supplied from 2016-2020
Ain Sokhna port to accommodate two ships, as Port Said is not economically feasible, says Dahi
Each shipment will comprise 125,000 cubic metres of LNG
The source said that during the summer, fuel suppliers offered fuel at $600 per tonne, with sulphur rates higher than required in the bid.
Two wells owned by Petrobel will be connected this month, with each well producing 40m cubic feet of gas per day
Expectation BP will not abide by its commitment to begin production by 2017
Extension of Borollos fields project delayed until early 2016, claims official
The minister highlighted that the money owed to foreign partners has reached $4.9bn.
Shell and Apache to conduct experiments on shale gas production in the Western Desert
Government delayed signing with Hog Energi, led to lack of supply during September, says Ministry of Petroleum
Ministry of Finance refusing to provide the liquidity necessary to import liquefied natural gas, says official
The Ministry of Petroleum is engaged in negotiations with British Gas, Apache, and other foreign companies to adjust gas prices for new projects linked with production in the near future. A senior official with the Ministry of Petroleum revealed that negotiations are underway with British Gas to re-price gas for the B9 stage project. This …
Federation claims law overlooks opinion of civil and industrial society experts and scholars in mineral resources
Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at the Ministry of Petroleum. The projects included establishing a factory to produce bio-ethanol from molasses, the output of which would reach 100,000 tonnes of molasses annually, with investment in the project totalling $250m. The …
Delayed payment of debts to foreign partners threatens Egyptian gas production, says report
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.
130m square feet of gas to be linked to national gas grid in September 2014
Government reduced allocations for petroleum subsidies to approximately EGP 104bn from EGP 134bn in 2013/2014, raising fuel prices in the local market, according to the proposed 2014/2015 budget
The tender will be awarded before the end of the year for the gas supply to begin in January 2015.
The initiative aims to decrease electricity consumption in households, commercial and industrial sectors by 20% this summer
Debts owed to the Ministry of Petroleum by other government agencies decreased to approximately EGP 156bn at the end of March, compared to EGP 172bn in February, after the Ministry of Finance paid part of its debts
Egypt’s opportunities for importing liquefied natural gas have increased as a result of US sanctions on Russia
One shipment is about 170,000 cubic metres.
Egypt owes foreign partners $6bn to foreign partners for research and development in oil and gas
By Muhammad Adel After amending the listing rules of companies in the Egyptian stock exchange, the Ministry of Petroleum is preparing an initial public offering (IPO) of new petrochemicals companies, said Samir Azer undersecretary of the Ministry of Finance. Following a meeting between Minister of Petroleum Sherif Ismail and chairman of EGX Mohamed Omran, the …
12 shipments of liquefied gas represent only 3% of one day summer’s consumption
Field is part of the Disouq natural gas project in northern Egypt, operated by Germany’s RWE Dea oil and gas firm
Ministry of Petroleum says the project will be carried out by the Egyptian Drilling Company
Government says the new decision took into account needs of low-income citizens
A natural gas supply unit will stop working from 17 to 27 April, Ministry of Electricity says