Latest in Tag: EGAS Highlight
Latest in Tag: EGAS
EGAS to link 16 gas production wells during FY 2014/2015
Total local production to increase by 200m cubic feet
Offers received from BP, Vitol, Trafigura, and Golar LNG for gas import tender: EGAS
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 …
EGAS to launch international tender to import 500m cubic feet of gas daily
Second LNG vessel to be received in Port Said by next March
Talks underway with Cyprus to import gas through marine pipeline: Ismail
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.
Petroleum ministry to add 80m cubic feet of gas to production daily throughout December
Two wells owned by Petrobel will be connected this month, with each well producing 40m cubic feet of gas per day
Gas exploration bid to be offered early 2015 in 11 areas
Three areas in the Delta and eight in the Mediterranean Sea will be offered by EGAS for exploration and research
Petroleum ministry to open bids for shale gas exploration in 4 areas in Western Desert
Agreement with foreign partners to increase duration of projects to more than 20 years, says EGAS official
Government to re-pump gas to EBIC
EGAS pumps 60% of factories’ fuel needs after Sawiris donates EGP 2.5bn to Long Life Egypt fund
EGAS, Hoegh sign LNG agreement
Norwegian firm beats Malaysian, American and Dutch companies to win international tender
EGAS has suspended gas supplies to EBIC since August
Ministry of Petroleum gives priority to fertiliser factories that sell on local markets
Government considering ways to compensate farmers for fertiliser price hikes: Investment minister
Companies refusing to comply with ministry’s domestic fertiliser quotas
Ministry of Finance refuses to finance import of liquefied gas
By Ahmed Tolba A meeting will be held in the coming days between officials from the ministries of Oil, Finance, and Electricity to agree on a solution to issues threatening the implementation of agreements to import liquefied natural gas in order to meet Egyptian power stations’ needs for fuel. An official from gas holding company …
Dana Gas signs agreement with EGAS, EGPC to drill 37 new wells
Company recently won bids for 2 Nile Delta concessions
Upcoming period is busy time for petroleum industry: Petroleum minister
Although there will be a $2bn in debts to foreign partners by year end, ministry has paid back $11.2bn to foreign companies during FY 2013/2014
Egyptian cotton exports decrease by 69.7%: CAPMAS
Fall in exports is due to a decrease in cultivated area
Suspension of gas supplies to Jordan and liquefaction factories leads to 75% decline in exports
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
Government to import gas at $17 per million BTUs due to poor domestic gas production
EGAS seeks to encourage foreign partners to produce gas from Egyptian fields, company official said.
EGAS says it is owed EGP 16bn by industrial sector
Debts owed to Egyptian gas holding company EGAS for quantities of gas obtained by the industrial sector reached EGP 16bn by the end of July, according to a senior company official. Factories were notified in February that gas supplies will be cut in the event of non-payment of debts, but no significant measures have been …
Power stations boosting fuel consumption at expense of industrial sector: EGAS
Fuel station deficit worth 6m cubic metres of gas and equivalent daily
Ganoub El-Wadi proposes international tender for oil and gas exploration
Recent fuel price rise may provide incentive for investments in exploration in Egypt
Cotton company asks EGAS to approve debt repayment schedule
Holding Company for Cotton Spinning and Weaving has debts exceeding EGP 1bn, aims to push growth rate to 70% during the current fiscal year
Petroleum companies operating in Egypt have reduced gas production: Ministry report
Delayed payment of debts to foreign partners threatens Egyptian gas production, says report
EGAS, Sonatrach negotiating over 5 LNG shipments for electricity production
Delegation from Algerian firm set to arrive in mid-July to conclude proceedings
World Bank approves $500m loan for home gas delivery
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.
100m cubic feet of gas to be added to gas production by the end of July
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
EGAS halts pumping of gas to several fertiliser companies, methanol factory
MOPCO, AlexFert, and EBIC were among the affected firms, while Methanex’s Damietta plant has not received gas in over two weeks
Continued energy deficit amounts to 15m cubic metres daily: EGAS official
70% of Egypt’s gas production pumped to power stations through Ramadan, senior official says
Gas production rates decrease to 4.65bn cubic feet per day
The gas company cut 300m cubic feet of gas per day from cement factory consumption, from its estimated daily rate of 430m cubic feet.
Government adjusts gas price from ‘Desouq’ project
130m square feet of gas to be linked to national gas grid in September 2014
EGAS to offer limited international tender on gas for electricity imports
The tender will be awarded before the end of the year for the gas supply to begin in January 2015.