Latest in Tag: Gas Highlight
Latest in Tag: Gas

Gas supplies to cement plants permanently stopped, fuel oil sent instead: EGAS
Operating Helwan, Al-Qawmeya, and Al-Katameya plants only due to their link to Gharadiq field

Idku plant LNG exportation collapses 2014: BG official
Decrease gas production and domestic market needs cause sharp exportation decline

Important economic decisions in 2014/2015 economic plan
Government decisions not enough, Egypt needs to treat economic crisis by developing comprehensive economic plan, economic analyst

Shoukry reaffirms trilateral cooperation between Egypt, Greece, and Cyprus
The summitâs objective was to develop a tripartite partnership in various fields including âpromoting peace, stability, security and prosperity in the Eastern Mediterranean in all fields (political, economic, trade, culture, tourism)â.
Negotiations to resume with Russia to provide natural gas via Gazprom: Deputy Russian PM
Russia is preparing technology with the World Bank to implement the âone-stop shopâ investment window system

Brent price decrease drives down subsidies in FY 2014/2015 budget to approximately EGP 55bn
Fuel oil, which is supplied into markets, is currently not subsidised, says expert
EGAS to link 16 gas production wells during FY 2014/2015
Total local production to increase by 200m cubic feet

Total Egypt initiate feasibility studies for new investment
Construction of new facility is expected to start within two years

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

Dana Gas, Egyptian government negotiate agreement, with UAE support
âEgyptâs economic stability is a mustâ: UAE Minister of State Sultan Al-Jaber

Cement prices stable: Supply minister
No ministry obligation to stabilise prices, cement prices vary according to market changes, says Suez Cement chairman

FDI in oil and gas unaffected by Egyptâs instability
Political instability in Egypt and other Arab countries had negative effect on non-oil manufacturing activities
Cost of development behind stranded gas: Petroleum officials
Around 36 concession agreements in which 153 wells to be drilled have been ratified
Government to re-pump gas to EBIC
EGAS pumps 60% of factoriesâ fuel needs after Sawiris donates EGP 2.5bn to Long Life Egypt fund

British Gas postpones project due to late payment of government dues: Egygas official
Extension of Borollos fields project delayed until early 2016, claims official

Gaz de France, British Gas to sign agreement to link West Borollos field to Delta processing station
The French energy group will add 100m cubic feet of production by 2018

BP to invest $240m in Egypt through 2 new exploration blocks
The two exploration blocks was awarded to BP as a result of the 2013 EGAS bid round
Egyptian, Cypriot, Greek foreign ministers meet in Nicosia
Talks occur on security, energy and tourism ahead of 8 November meeting in Cairo

Government considering ways to compensate farmers for fertiliser price hikes: Investment minister
Companies refusing to comply with ministryâs domestic fertiliser quotas

Prosecutor orders investigation into Downtown bombing
Bomb explosion hits Ramses Street, Sinai-Jordan gas pipeline exploded

$400m British Gas investment to develop Rashid and Burollus gas fields: Ministry of Petroleum
Natural gas production increasing from 400m to 450m cubic feet per day says Rashid Petroleum

As much as 20% or more of Egyptâs energy could be solar: Consilio CEO
Solar energy is a supplemental source as it requires subsidies and storage to meet peak hours
Poor technical conditions in power stations worsen due to outages and wasted fuel: EGAS official
Petroleum ministry supplies fuel to electricity worth approximately $72m per day
EGAS halts pumping of gas to Idku plant
The Egyptian Natural Gas Holding company (EGAS) has stopped pumping gas to the Idku liquefaction plant operated by British Gas and GDF Suez, as a result of the increased use of gas by power stations, according to a senior official at EGAS. He added that since last year, the quantity of gas pumped from EGAS …

Daily increase of 100m cubic feet of gas production in Egypt
Deficit in fuel for electricity and gas equivalents now stands at 4m cubic metres daily at the expense of factories

Government allows private sector participation in renewable energy production: Electricity minister
Ministry of electricity seeks to address the electricity crisis by diversifying production sources to include solar and wind energy

Power crisis threatens industrial sector
Daily reduction of 725m cubic feet of gas at factories; gas supply to EBIC, Alexandria Fertilizers, and Egyptian Fertilizers stopped

Egypt looks to secure LNG production and supply
With its significant reserves of liquefied natural gas (LNG), Egypt has been a key exporter for regional consumers over the past decade but with growing domestic consumption and a number of fiscal constraints, the country has been looking to secure additional supplies by expanding LNG capacity. In May the Egyptian government signed a letter …

Egyptâs power crisis worsens as outages approach five hours per day
Electricity deficit increases to approximately 6,180MW, no solution in sight