Latest in Tag: natural gas Highlight
Latest in Tag: natural gas
A grant from the EU to Egypt worth €68m for the delivery of natural gas to homes next November: Nasr
 Egypt and the European Union (EU) are to sign an agreement on 3 November, to deliver natural gas to homes with a grant worth €68m during the visit of Federica Mogherini vice-President of the European Commission to Cairo, according to the Minister of International Cooperation Sahar Nasr. Nasr said, in a press release, that the …
Egyptian petroleum exports decline as imports increase
The Egyptian petroleum exports decreased by 40.7% last June
Eni to add 300m feet of gas daily from Noras field by year-end
Company share value increases by 2.46% on Italian stock exchange after Shorouk gas field discovery
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
President Al-Sisi holds talks with Italian Senate delegation
Italian senator expresses desire to initiate cooperation between parliaments in both states
New gas discovery will not cover Egypt’s needs for next 4 years: Taqa Arabia executive
Gas discovery will, however, enhance economy, reduce budget deficit and create job opportunities, says Abu Bakr
Eni gas discovery to alleviate balance of payments pressures: Moody’s
Recent gas discovery is positive credit for Egypt, says report
Electrical energy generated witnessed a 2.1% increase in 2013/2014
The amount of electrical energy generated in 2013 / 2014 reached 168 billion KWH
Egypt to gain 60% share of Shorouk franchise production: EGAS Chairman
The Egyptian Natural Gas Holding Company (EGAS) agreement with Italy’s Eni will see Egypt’s share of gas production from the Shorouk franchise increase to over 60%
Eni invests $7bn to develop Shorouk in 3 years
Italian oil company Eni aims to invest around $7bn during three years to excavate the privilege area of Shorouk in the deep waters of the Mediterranean Sea
Eni finds ‘supergiant’ gas field off Egypt’s coast
Italian energy giant Eni SpA says it has discovered the “largest ever” natural gas field in the Mediterranean Sea off Egypt. According to the company, the find could meet Egypt’s natural gas needs for decades to come
Petroleum Ministry to supply 1.2m residential units with natural gas this FY
Natural gas delivered to approximately 6.9m residential units from programme’s start until end of FY 2014/2015
Al-Ezz Dekheila Steel Company suffers losses, unstable gas supply
Steel producer will consider alternative sources of energy to make up decline in steel production due to natural gas shortage
Dana Gas to discuss collecting receivables in Egypt this week
Board of directors’ meeting will discuss company’s 2015 mid-year budget and Q1 financial statements
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
SFD allocates EGP 10m to convert 2,000 cars to natural gas
SFD contributed towards conversion of approximately 17,400 cars by providing financing worth EGP 87m, says Secretary General
Egyptian-Russian economic rapprochement marked with wheat, LNG sectors
Russia sees Egypt as export destination after issues with EU following Crimea crisis, Egypt sees Russia as natural gas source
Egypt Gas loses EGP 17.3m in Q1 2015
The company witnessed a workers’ strike in April
Government approves American technology to convert butane to fuel for industries: Arab Energy
Butane in its regular state is of high density and cannot be pumped through pipelines, however, after mixing it with air, it converts into the same technical characteristics as natural gas, according to Abu Bakr.
Dana Gas to pump additional $350m in Egypt until 2018
Gas output to increase by 170mn cubic feet per day by 2017
Agreement signed converting 2,000 cars to run on natural gas
210,000 cars running on natural gas, 180 supply stations and 74 conversion centres created between 2012 and 2014
BG largest foreign investor in Egypt since revolution: President
“BG Egypt invested more than $3.5bn since the 25 January Revolution”
Militants bomb Sinai gas pipeline for 27th time
Egypt’s gas exports to Jordan dropped dramatically in 2014 due to militant attacks
British Gas postpones project due to late payment of government dues: Egygas official
Extension of Borollos fields project delayed until early 2016, claims official
Inflation rate rose by 0.7% in October
Higher energy prices may be driving inflation, says former IMF assistant
Greece, Cyprus to represent Egypt’s interests in EU
The three leaders discuss deepening cooperation in various fields
Government considering ways to compensate farmers for fertiliser price hikes: Investment minister
Companies refusing to comply with ministry’s domestic fertiliser quotas
Egypt-Israel gas deal won’t happen without state’s approval: Petroleum ministry
Israeli energy company Delek says purchased gas will be supplied to industrial consumers in Egypt
Price rises to kill fertiliser black market: Agriculture Minister
Farmers syndicate questions government’s ability to cut black market and says price rises burdens farmers
New investments in fertiliser sector suspended until crises resolved
Fate of the fertiliser tax to be determined in three months