Latest in Tag: Gas Highlight
Latest in Tag: Gas
Egypt seeks to meet energy needs
EGPC is seeking to buy 968 thousand tonnes of diesel to be delivered between April and June
Residents in North Sinai cut off roads in protest of gas shortages
Roads leading to villages south of the city were blocked by tyre fires ignited by protesters.
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
Egypt receives Algerian gas
Algeria is the main liquefied butane supplier to Egypt, as stipulated in the agreement between the two countries
Egypt imports gas to meet its exportation requirements
Minister of Petroleum, Osama Kamal, refused to comment on the matter
Jordan and Egypt move toward renewed natural gas exportation
Hope to overcome issues of pipeline sabotage and Egyptian domestic demand
Kuwait injects $60.5 million into Egypt’s gas sector
The Kuwaiti government, represented by the Kuwait Fund for Arab Economic Development (KFAED), has a signed a deal to loan 17 million Kuwaiti Dinars ( $60 million) to aid the expansion and development of the Egyptian natural gas distribution grid. In the presence of Prime Minister Hesham Qandil, the Minister of Planning and International Cooperation …
Israel and Palestinian Authority discuss developing gas off Gaza coast
Tony Blair sponsors talks which could solve Palestinian Authority’s financial problems
OCI Fertilisers demerger to come
Orascom for Construction Industries (OCI) announced yesterday that the General Authority of Investment and Free Zones (GAIF) approved OCI’s proposed valuation split methodology for the demerger of its construction group from its fertilisers group. GAIF approved on Saturday to split OCI’s standalone assets and liabilities on book value basis as at 31 December 2011, an …
OCI net income declines in H1, positive indicators of a strong comeback
Orascom for Construction Industries’ (OCI) results showed a net decrease as at 30 June, although they project a positive outlook. This year’s first half results show that the company’s net income dropped by 42.6 percent to EGP 1.3 billion versus EGP 2.2 billion in the first half of 2011. However, this year’s quarter-to-quarter results show …
“Supporters of Jerusalem” claim responsibility for latest pipeline bombing
“Supporters of Jerusalem” claim responsibility for the 15th bombing of a pipeline between Egypt and Israel. The group called the supply of gas to Israel “treason.”
British Petroleum draws first gas from Seth development Block
Energy veteran British Petroleum (BP) has announced production of first gas from the Seth development block, located 60 kilometres offshore Ras El Bar, east of the Nile Delta.