EGAS to Link Noras, Northern Alexandria and Zohr

EGAS to Link Noras, Northern Alexandria and Zohr

An official source at  the Egyptian Natural Gas Holding Company ( EGAS) said that the company is willing to link 1bf of gas from Noras, Northen Alexandria and Zohr fields during 2017, Al Borsa informed.

The source estimated natural gas needs for power stations by 4bcf/d of gas,24,000t of heating oil and 3 ,000t of diesel during  the summer. He also pointed out that there is a decline in power plants natural gas consumption  to about 3bcf/d  during February instead of 3.2bcf/d during January, as a result of normal air temperature and reduction of operating heating devices.

He added that about 25,000t of heating oil will be supplied on daily bases to power stations instead of 26,000t.

This comes next to supplying   3,000t of diesel, to fulfill the domestic market needs.

The source also pointed out that EGAS raised its imports from 800mcf/d of gas to 900mcf/d through two boats in El Ain El Sokhna port, with the continuation of pausing  the import of 200mf of natural gas through Jordan line.

Dr. Mahinaz El-Baz 318 Posts

Mahinaz El Baz received her PhD degree in International Economics from Helwan University in 2022. She has +10 years of experience in journalism and economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.


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