Latest in Tag: EGAS Highlight
Latest in Tag: EGAS
EGAS to launch tender for importing LNG
The Egyptian Natural Gas Holding Company (EGAS) plans to launch a tender for importing liquefied natural gas (LNG) shipments in January 2018, according to an official source at the company. The source added that the upcoming tender aims to secure local market needs of natural gas during the second quarter (Q2) of 2018. Meanwhile, EGAS …
Industrial sector owes EGAS EGP 7bn in debts
The debts of the industrial sector owed to the Egyptian Natural Gas Holding Company (EGAS) amounted to EGP 7bn, according to a source at the company. According to the source, who asked not to be named, the indebtedness of the industrial sector has increased recently as a result of factories tending to pay only a …
El-Molla directs EGPC, Ganope, EGAS to intensify oil exploration
The Ministry of Petroleum aims to increase oil production to reduce reliance on imports
Egypt to export gas in H2 of 2019: EGAS chairperson
100 million cubic feet of gas allocated to run Siemens power plants
Rent of 3rd gasification ship postponed as unneeded for 2017: Petroleum Minister
New gas projects increase production and meet demand, says El Molla
EGAS reassess gas projects to be added to national grid production until end of 2017
Possibility of providing Egypt’s needs of fuel without renting a third gasification under discussion, says source
Taqa Arabia, Dolphinus call for licence to import gas from EGAS to private sector
Preliminary approval to be granted to companies that request licences to sell gas in local market, says source
Power plant daily consumption increases by 350m cubic feet of gas: EGAS
The generating units’ solar consumption increased to 6,000 tonnes
5 companies call for licences to import gas from EGAS
Licensing of two companies to take place over next two months, says El-Mazni
EGAS submits global tender to rent a 3rd gasification vessel
Increasing the quantity of gas imports will meet the demands for economic development, says Petroleum Minister El-Molla
Egypt LNG arbitration continues despite claims by Petroleum Ministry and Egyptian media
Egypt is still mired in an expensive and time consuming arbitration with UFG for providing natural gas to the domestic market.
EGAS to rent gasification ship located in Jordan with 500m cubic feet capacity
Gas line with Amman to re-open this summer, importing 200m cubic feet daily
EGP 9.2bn in urgent funds approved to improve public services: Finance Ministry
Ministry of Finance allocates EGP 223m to the Ministry of Petroleum to pay EGAS’ dues for delivering natural gas to homes, says first deputy finance minister
Egypt gas agreements: from production sharing to tax/royalty
All oil exploration and production concession agreements in Egypt have been operating according to Production Sharing Agreements since 1973. This was a shift from the tax/royalty system towards equal sharing agreements concluded between the government, represented by the Egyptian General Petroleum Corporation (EGPC), and foreign companies, with a view to reduce the pressure on the …
EGAS provides 90% of contractual gas to fertiliser plants
Power plants consume 2.8bn cubic feet of gas and 25,000 tonnes of fuel daily, says official
EGAS stops importing gas for fertilisers due to the late delivery of LNG shipment
Power stations consumed 2.65bn cubic feet and 23,000 tonnes of oil, says official
Four companies apply to import natural gas
EGAS is studying their credentials, official says
200m cubic feet per day wasted by gas flaring: EGAS chairman
Egypt ranks among top 20 gas-flaring countries in the world, says EBRD
EGAS issues delayed payment to LNG suppliers
After payment, the rate of the import of natural gas increased 1bn cubic feet per day
EGAS decreases gas imports to 650m cubic feet per day
LNG shipment will arrive to Sokhna Port to connect to national gas grid, says official
EGAS cuts its gas imports to 700m cubic feet to cope with decline in domestic consumption
The company is to pump 2.6bn feet of gas per day to power plants
EGPC, EGAS to follow-up on annulment of ICC’s rule
On Sunday, IEC said it has no further announcements than the ones made on 6 December, in which it said it will act to collect the awarded amount
EGAS launches international tender to search for gas by end of Q4 of 2016
Egypt currently produces 4.15bn cubic feet of gas per day, compared to 4.5bn cubic feet last year.
Petroleum exports drop by 38% while imports surge by 4.7%: CAPMAS
Production of petroleum products, including natural gas, decline during September
Second LNG shipment to arrive at new gasification ship mid-November: EGAS Chairman
Gasification ship will operate at a capacity of 500m cubic feet per day and quantities will increase when neededÂ
EGAS negotiates with Eni to speed up linking Shorouk discovery to national grid
The official added that Eni will complete the plan for developing the new exploration site in three years, and will drill 20 wells in the concession area in the deep waters to implement the development process.
8 areas offered in new bid to search for gas in Mediterranean Sea
The decrease in Brent’ prices negatively affected offers by foreign companies to explore in deep waters, says official
Operation of second gasification ship postponed to mid-October: EGAS
Tender to import 45 LNG shipments to be completed next week
Eni’s share value inches up after announcement of Egypt’s natural gas discovery
The value per share reached €15.2 after company’s CEO announced that he expected investments worth 6bn to $10bn for development of field
Egypt Gas loses EGP 48.6m in H1 of 2015
Financial statements show revenues of EGP 544.68m, compared to EGP 290.1m during the same period in 2014