Egypt to Connect Eligible Households to Gas Grid within Two Years
The ministry is aiming to connect all eligible households located in different villages, cities and regions within these upcoming two years.
News / Egypt
El Sisi Praises Eni Business in Egypt
The Egyptian President Abdel Fattah El Sisi met with Eni’s CEO, Claudio Descalzi, as a regular follow up on the updates of Eni’s work in Egypt.
EGAS to Boost Gas Output to 6.75 bcf/d in January
Natural gas output rates recorded 6.6 bcf/d during the Q4 of 2018.
Eni Invests $13B in Egypt over 3 Years
The Egyptian government appreciates the cooperation with Eni, which had the greater effect in developing Egypt's natural gas resources.
Egypt Increases Natural Gas Exports to Jordan to 100 mmscf/d
Egypt started increasing exported natural gas to Jordan to around 100 million standard cubic feet per day (mmscf/d) to secure the needs of the Jordanian electricity generating plants.
SDX Energy Announces Operational Updates in Egypt
The SRM-3 well is located in South Ramadan. the well reached a 15,635-feet depth, encountering around 75 feet of net conventional oil pay in its Matulla section, in addition to 20 feet of the new conventional oil pay in the brown limestone formation and around 15 feet in the Sudr section.
Egypt Petroleum Trade Deficit Dropped by 29% YOY
Egypt's petroleum trade deficit dropped by 29% year-on-year (YOY) in Q1 of fiscal year (FY) 2018/19, recording -$688.1 million, compared to -$970.4 million in same period of 2017/18.
EMGF Kicks-off from Cairo Announcing Forum’s Main Objectives
EMGF kicked-off from Cairo on January 14, hosting the Greek, Cypriot, Italian, Israeli, Jordanian and Palestinian Ministers of Energy, who came to Egypt upon the invitation of Egyptian Minister of Petroleum Tarek El Molla.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Egypt to Halt Benzene, Diesel Imports within Two Years
Halting the imports will be achievable as Egypt is conducted several expansion projects in refineries, including Middle East Oil Refinery (Midor) and Egyptian Refining Company (ERC).
