Latest in Tag: EGAS Highlight
Latest in Tag: EGAS

Microsoft partners with Egyptian Natural Gas Holding to co-develop EGAS sustainability roadmap
The partnership serves directly to achieve the EGAS vision towards a more sustainable industry. The EGAS adopted Microsoft 5 Rs approach which contributes to emissions reduction of the greenhouse gases (GHG).

Egypt’s EGAS signs 9 natural gas exploration agreements with $981m investments
Recent success in settling arbitration cases with international companies confirms Egypt’s credibility in oil, gas sector: El Molla

Eni, EGAS partner to restart Damietta LNG plant in Q1 2021
Agreements signed to settle Union Fenosa Gas, SEGAS disputes with EGAS

EGAS applies exemptions for natural gas industrial consumers if old debts paid
EGAS decision valid until year end

Egypt agrees price indexing of Mediterranean’s El-Borg concession capped at $5.88/MMBtu
Previous price was $2.5/MMBtu, says source

EGAS cut Zohr gas production to 2.4bn scf/day
Linking Zohr’s full production to national network requires pipelines to operate 70 bar pressure: source

EGAS cuts gas exports to Jordan to 140 scf/day
It comes due to decline in Jordanian power plants’ gas consumption in winter

EGAS to add 3.2bn scf/day to local gas production by mid-2022
15 gas field development projects targeted within next three years: Source

EGAS targets 1bn scf/day gas exports through Idku liquefaction plant
Completion of periodic maintenance of one of Idku’s liquefaction units contributed to this hike, says source

Mediterranean fields produce 58% of Egypt’s gas in 2018/19: EGAS
 Western Desert concessions produce 1.38 bn scf/day

Egypt’s total gas consumption records 5.97bn scf/day in FY 2018/19Â
EGAS revealed that Electricity Ministry received 62.3% of locally consumed gasÂ

Egyptian LNG costs $7 per million BTUs on average
Quantities of gas in market more than required, says source

Egypt’s natural gas production to fall by 70m scf/month in FY 2020: EGAS
Domestic production increases by 7bn scf/day end-2019

Egypt’s gas exports through Idku increase to 750m scf/day
Connecting Giza, Fayoum fields contributed to increasing export quantities, according to EGAS

Egypt aims to export $2bn worth of gas FY 2019/20
Linking North Alexandria, Zohr, Borolos fields raises local production, says government source

Arbitration agreement with Israel settled for $500m, allowing export of its gas via Egypt
Repayment of monthly instalments to compensate arbitration from proceeds of Tel Aviv gas: Source

Egypt’s gas consumption to increase to 7.3bn scf/day next year
Energy needs of growing markets met by connecting wells of Zohr, North Alexandria, says source

EGAS granted right to issue gas import licenses to private sector: source
Companies stopped importing gas after Egypt’s production increased

Petroleum Ministry announces results of $800m worth EGAS, EGPC tenders
Winning companies committed to drilling 60 exploration wells, says El-Molla

EGAS secures industry’s gas needs since 2016, amounting to 2.5bn scf/day
Government sets priority to supply gas for electricity consumption, then to factories

EGAS to link 1.5bncf of gas from new projects on grid in 2019
Egypt’s total gas production will rise to 7bncf by the end of next year

Edison quits gas exploration in Mediterranean’s concession areas
Two areas are offered to global companies in 2019 tender: source

Egypt settles arbitration case worth $1.75bn with Israel
Agreement with Tel Aviv to schedule fine payments from operating revenues of gas line: source

Egypt’s gas consumption will rise to 9bn scf/day by 2020/21
Natural gas production increased domestically to 6.75bn scf/day

EGAS applies for two shipping, supply licenses from Gas Market Regulatory Authority
GASCO and 14 other companies aim to obtain transport and distribute licenses of natural gas

EGAS organises workshop to support natural gas delivery teams for homes
The Egyptian Natural Gas Holding Company (EGAS) organised a workshop to support the teams of the natural gas delivery project for homes, which is funded by the European Union, the French Agency for Development, and the World Bank. The project is being implemented within the framework of the gas delivery programme for homes in different …

EGAS reportedly purchased 9 LNG shipments
Aramco to supply Egypt with 0.5-1m barrels of crude oil per month

Gas consumption records 3.3m tonnes in April: EGAS
Gas consumption in Egypt rose last month to 3.3m tonnes from 2.3m tonnes in March, according to the Egyptian Natural Gas Holding Company (EGAS). An official at EGAS said that the power plant, household, and industrial sectors account for the largest proportion of gas consumption. Egypt’s natural gas production witnessed a remarkable increase last year, …

EGAS aims to increase revenues to EGP 2bn next year
The chairperson and managing director of the Egyptian Natural Gas Holding Company (EGAS), Yasser Salah El-Din, said that the company aims to increase its civil and mechanical works to EGP 250m and increase the company’s total revenues to EGP 2bn in 2018/2019. That is a targeted increase in annual business value estimated at EGP 300m. …

EGAS plans to offer gas exploration in 9 land, sea areas in Q2 2018
The Egyptian Natural Gas Holding Company (EGAS) intends to put forward bids for nine natural gas land and offshore exploration concession areas in the second quarter (Q2) of this year, according to an official source at the company, who declined to be identified. According to the source, the company obtained security approvals for the bidding …