A source in the petroleum ministry revealed to Egypt Oil & Gas the national plan for delivering natural gas to households until the end of 2017, which includes connecting 2m households in 26 governorates to the national gas grid. The national scheme for delivering gas to households will decrease the pressures on LPG subsidies, currently estimated at EGP 19m, thus, saving more than $7m annually. The source added that 30 percent of the plan is focused on small suburbs in each governorate, whereas they suffer from LPG crisis in winter, where the price in the black market reaches EGP 50 per LPG cylinder.
Egypt to Connect 2m Households to the National Gas Grid by 2017
Wednesday, 21st October 2015
Sunday, 29th August 2021
Agiba added around 6 million barrels of crude oil and 4.2 billion cf of natural gas to its recoverable reserves.
Thursday, 8th July 2021
The Mexican government plans to establish a new business within the state oil company Petroleos Mexicanos (Pemex) for the distribution of liquefied petroleum gas (LPG) directly to consumers, Mexico’s President Andres Manuel Lopez Obrador stated.
Sunday, 6th June 2021
Prime Minister (PM) Mostafa Madbouly toured the $450 million Sonker liquid bulk terminal, located in the third basin of Ain Sokhna Port.
Monday, 26th April 2021
Wintershall Dea and operator BP could get a gross production of gas from Raven, the fifth field of the offshore West Nile, estimated approximately at 600 million standard cubic feet of gas per day (mmscf/d). At its peak, the Raven field is expected to deliver a gross production of 900 mmscf/d and approximately 30,000 barrels of condensate per day (gross production).