Latest in Tag: Gas Highlight
Latest in Tag: Gas
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.
Egypt freezes negotiations on gas imports from Israel
We support the government’s decision, says businessman Alaa Arafa
Gas market regulation authority to be launched next year: petroleum minister
Egypt will continue to import gas even after Zohr field discovery to secure urgent needs, says El Molla
Alaa Arafa’s Dolphinus signs letter of intent to import gas from Israel
Dolphinus’ is expected to receive 4 BCM of gas per year over 10-15 years with final agreement
Russia halts gas deliveries to Ukraine, Kyiv responds
Russia has said it is halting its gas supplies to Ukraine, waiting for Kyiv to make more upfront payments. Energy giant Gazprom sees serious risks to secure gas transit to Europe via Ukraine this winter. Russian state giant Gazprom on Wednesday said it had halted gas deliveries to Ukraine after Kyiv failed to make upfront …
62 production sharing contracts signed by Egypt: EGPC ChairmanÂ
12 contracts signed in pipeline sector
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.
Apache completes studies to explore shale gas in Al-Obayyed
The official said that Shell requested form the EGPC to agree on the price of the shale gas that will be produced from the area for the first time in Egypt, because the cost of the project will be high and the process of extraction is significantly different than regular sources.
Al-Sisi, Eni CEO discuss possibility of establishing gas hub
Both parties discussed forming a gas hub in eastern Mediterranean Sea to make Egyptian transport and export facilities available for nearby discoveries, says Italian giant
Russia resumes gas deliveries to Ukraine
Russian gas monopoly Gazprom has resumed shipments of natural gas to its embattled neighbor Ukraine for the first time since last July, when Moscow halted deliveries over a pricing dispute with Kyiv. Gazprom CEO Alexei Miller said his company had reopened the pipelines to Ukraine after receiving a prepayment of $234 million (205.3 million euros) …
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
$650m value of partner’s share of gas, oil monthly with Brent decline: Petroleum Minister
Value of crude obtained daily from foreign companies declines to $380m
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
Multi-company drilling for gas in Mediterranean will occur: Sherif Ismail
We have reached an agreement with Eni over Noras field gas, with production estimated at 500m cubic feet daily, says minister
IS in Tripoli claim car-bomb on Eni office day after Egypt gas discovery
Strike targeted a “den of apostates”, IS supporters said
Eni gas discovery to alleviate balance of payments pressures: Moody’s
Recent gas discovery is positive credit for Egypt, says report
BAPETCo invests $415m in FY 2015/2016
Segment of investments will be allocated to implement projects aiming to increase oil and gas production
Annual inflation drops to 8.3% in July: CAPMAS
Despite year-on-year decline, Consumer Price Index (CPI) increased 0.6% in July 2015 compared to preceding month
BAPETCO’s discovery increases daily oil production to 50,600 barrels
Well’s original oil records about 15m barrels, adds approximately 5m barrels to oil reserves
Al-Sisi meets with BG’s CEO
Egypt’s President Abdel Fattah Al-Sisi met with Helge Lund, the Chief Executive Officer of British Gas (BG), to discuss the company’s current activities in Egypt and its plans to increase its investments. The meeting was also attended by Petroleum Minister Sherif Ismail, according to an official statement by the presidency. The BG executive congratulated the …
Ganope announces results of oil, gas exploration bid
The company received seven offers for five exploration sites of approximately 23,200 sqkm with at least $100.3m investments
Explosion shuts down Turkey-Iran natural gas pipeline amid increasing violence
The gas flow between Iran and Turkey has been shut down after an explosion on a natural gas pipeline in the Turkish province of Agri. The country's energy minister has suggested that Kurdish rebels were to blame. The fire, which began Monday in Turkey's eastern Agri province was quickly brought under control, Turkey's energy minister Taner Yildiz said on Tuesday….
EGAS suspends gas to 78% of fertiliser plants to save fuel for electricity
Suspension of fuel supply to El-Nasr, Helwan, Alexandria, Al-Masriya 1 and Al-Masriya 2, Apec and MOPCO
Government studies importing gas from Israeli Tamar field
Security bodies to approve importing gas from Tel Aviv
Israeli energy minister’s statements evoke Egyptian government’s silence
Importing gas from Tel Aviv saves $4 per million thermal units
EGAS to prioritise pumping gas in summer to fertiliser factories for local market
Fertiliser factories agree with ministry of agriculture to supply 78% of their production locally
Petroleum ministry to provide 135m cubic metres of gas daily in summer: EGAS
Approximately 83.5m cubic metres of gas, 24,000 tonnes of fuel oil and 8,000 tonnes of diesel provided daily to power stations
Al-Arish gas pipeline bombed for 29th time
No causalities reported due to Sinai explosion
EGAS stops pumping gas to 60% of factories
Decision comes to save fuel for electricity; 3.2 cubic feet of gas pumped daily into power stations
Gas shortage remains main concern for heavy industries: Suez Steel Managing Director
Company has invested EGP 12bn in Egypt since 2010