Latest in Tag: EGAS Highlight
Latest in Tag: EGAS

EGAS to cut 380m cubic feet of gas per day from fertiliser and cement factories
Daily production decline of 150m cubic feet of gas in Egypt, shortage of 11m metres of gas and equivalent for fuel needed for electricity

Big Rental sells gas, butane-powered electric generators during energy shortage
This means that citizens who use gas lines connected to their place of residence to run on electric generators can face legal repercussions under criminal law.

EGAS to offer international tender to import gas needed for electricity
Egypt looking to secure gas supply during the coming years to keep its power plants running

Egypt obtains Russian gas at lower prices
Egypt’s opportunities for importing liquefied natural gas have increased as a result of US sanctions on Russia

Ministry of Petroleum requests $4bn to import fuel for power plants
12 shipments of liquefied gas represent only 3% of one day summer’s consumption
New chairman for EGAS
Reuters – Egypt has appointed Khaled Abdel Badie as chairman of state-run Egyptian Natural Gas Holding Company (EGAS), the oil ministry said on Wednesday, as the country grapples with a looming energy crunch. Badie, the vice-chairman of EGAS, replaces Taher Abdelrahman. The statement, which announced a number of changes in the leadership of state energy …

Negotiations fail between EGAS and Shell over gas supply for next summer’s electricity
Sources revealed that EGAS negotiated with Shell and other companies to import between 500 and 750 million ft3of gas per day to cover the electricity power stations’ needs.

Second stage of smartcard programme set for 1 August
The most recent statistics coming from the Egyptian General Petroleum Company show that the number of private and public registered fuel stations throughout the country totaled 2,700 by the end of 2011.

Egypt, Qatar resume gas negotiations
The transport and logistics of the shipments are currently under discussion between the two countries.

EGAS explores Delta, Mediterranean for oil and gas
So far holding company receives bids from BP, Sea Dragon, Edison, Dana Gas and Pura Vida

Israel Electric Corporation cancels natural gas import agreement
Egyptian National Gas had allegedly asked the jointly owned Israeli-Egyptian East Mediterranean Gas Company (EGM) to cancel the agreement.

Choking up
By Philip Whitfield Notice the traffic? Given up going out? Carrying a doggy bag on the shopping run? Good news. Nobody will be able to afford to drive soon. Everyone’s money will be spent paying the gas bill and keeping cool in ice baths. Who dares flick on the air-con? Bit chilly? Snuggle up in …
New plans to convert burned gas
Ministry of Petroleum approves plan to convert burned gas to butane

EGAS to discuss new pricing mechanisms of natural gas
Gas prices for steel, iron and cement factories are expected to rise to $6 per million BTU
EGAS to plug two million new households into the national grid
Private sector to operate as a private contractor in the transport of natural gas
EGAS: 18 companies partake in gas importation bid round
Results of the bid round to be announced in the first half of January 2013
EGAS requests $500m to aid delivery of natural gas
A new bid round is to be issued to private sector companies to participate based on a new model
Gas import by private sector raises concerns in industrial community
The Ministry of Petroleum aspires that the private sector would be capable of importing approximately 500 million cubic feet per day

Shell: Egypt’s ample resources could meet domestic supply
The Country Chair and Managing Director of oil giant Royal Dutch Shell, Jeroen Regtien, talks to the Daily News Egypt, highlighting the company’s vision in post-revolution Egypt, the impediments curbing the organic growth of the sector and voices his suggestions on how the government can resolve structural hindrances.

Rebel economy wrap
Libya’s drop in the ocean, aid to Syria, Egypt tender delays, UAE central bank

Egypt imports gas to meet its exportation requirements
Minister of Petroleum, Osama Kamal, refused to comment on the matter