Latest in Tag: Gas Highlight
Latest in Tag: Gas

Oil, gas and the ‘long transition’ to a low-carbon economy
Oil and gas industry representatives are gathering in Norway for the biennial ONS energy conference. Conference Committee Chair John Knight talks to DW about the role of oil and gas in a transitioning energy economy.

Eni to raise Noras field production to 1bn feet of gas a day in 2017
Increase comes alongside efforts to offset natural rate of decline, says source

Gas re-pumped to MOPCO, AlexFert after maintenance
Provision of 3.7bn cubic feet daily to electricity plants, 400m cubic feet for high-consumption factories

Power plant daily consumption increases by 350m cubic feet of gas: EGAS
The generating units’ solar consumption increased to 6,000 tonnes

Eni, BP target production of 350m cubic feet of gas from South Baltim field
Six wells will be linked from the new discovery to the national grid by the end of 2016/2017, says source

Egypt produces 50m more cubic feet of natural gas
Eni gas fields in the Nile Delta added 110m cubic feet per day, say sources

$400m dues owed to RWE for its stake in Suez Oil Company fields
RWE’s contract in Gulf of Suez concession ends in July 2017; no request for renewal

Power plants’ gas consumption rises to 3.4bn cubic feet a day: Petroleum Ministry
The ministry provides about 30,000 tonnes of fuel oil and 4,000 tonnes of diesel to run the plants

Zohr gas reserves increase to 32tn cubic feet: EGAS
Indicators for the second well revealed larger reserves; six wells to be drilled in total at a cost of $100m each

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.

BP announces new discovery in Egypt’s East Mediterranean
The discovery is located 12 kilometres from the shoreline

Shell, Apache agree with Petroleum Ministry to price gas from Apollonia field at $4.6/1m units
Apache completed drilling two horizontal wells in limestone layers in Western Desert: source

Government to secure 18m cubic metres of gas/day for Siemens power plants by year’s end
The three projects require 66m cubic metres of gas per day to run at full capacity in 2018, says EEHC chairperson

Ceramics division demands intervention from PM to save ceramics industry
Increase in gas, US dollar prices pushes up production costs and decreases exports by 50%

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

BG demands government raise price of gas to $7 per million BTUs
After stopping 9B stage, BG asks government to raise the price of gas to $7 or pay $1bn immediately

Eni to link 4 wells in Zohr field to national gas network by mid-2018
We have concerns about Egypt’s ability to pay our dollar dues in case currency crisis continues, Eni 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

Egypt doubles production of gas in Q2 of 2017: Prime Minister
EGP 164bn for public investments, EGP 700bn to pay for the debt service, wages, subsidies in all forms

Oil and Gas Player Venturesinto Power Sector
Edison is building Egypt’s first-ever electricity-generation facility financed by private-sector funds and fuelled by its own gas

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

EU co-organises an awareness session on gas sector reform
This awareness session is considered part of the current work and technical assistance offered by the European Union to the Egyptian Authorities

Zohr discovery stimulated increased investments in gas prospecting in Mediterranean: Official
Egypt to increase gas production to 5.3bn cubic feet after linking part of Shorouk’s production in 2017

Egypt’s overdue debts prompt BG to further postpone linking gas fields to mid-2016
Project will only offset the natural decline of fields production, 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

Egypt has leverage over Israel, being the bottleneck to Tel Aviv’s gas: Official
EMG has not been paying for gas in 10 months, we warned about terminating contract several times, says former minister

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

BP broadens stake in Egypt’s West Nile Delta project
Company acquired 22.75% in the North Alexandria concession as well as 2.75% in West Mediterranean Concession

Israeli envoy to discuss Egypt’s compensation of natural gas in Cairo
Talks on gas imports were suspended after the Swiss court’s decision to fine Egypt $1.7bn to compensate Israeli companies

Egypt Petroleum Ministry to appeal Swiss court decision on compensating Israeli companies
The ministry, EGAS were ordered to compensate two Israeli companies USD 1.7bn