By Laila Bassam / Reuters BEIRUT: Lebanon is delaying tenders for offshore exploratory drilling as it sets up an oil and gas oversight committee, but seismic tests suggest increasingly large potential gas reserves, Energy and Water Minister Gebran Bassil said. Interest in drilling in the eastern Mediterranean has grown since two natural gas fields were discovered …
By Reuters CAIRO: State-owned Egyptian General Petroleum Corp (EGPC) has awarded a tender to buy 18-20 cargoes of gas oil between March and June, traders said on Thursday. Over half of the cargoes were awarded to trading giant Glencore, a trader said. Energy trading firm Eminent was awarded several cargoes for delivery over the period, …
By Steven Scheer / Reuters JERUSALEM: Natural gas supplies from Egypt to Israel resumed on Tuesday after a pipeline explosion earlier this month halted delivery, a shareholder in the consortium that exports the gas to Israel said. Ampal-American Israel Corp said “it was advised that East Mediterranean Gas Co (EMG), in which Ampal has a 12.5 …
