News / Egypt

Zohr Gas Field Capacity to Reach 2 bcf/d by September

The production capacity of Zohr gas field, which currently stands at 1.6 billion cubic feet per day (bcf/d), is slated to reach 2 bcf/d by September, according to operator Eni.

Egypt’s Monthly Gas Production Increases by 500,000 Tons in May

Egypt's monthly gas production increased by 500,000 tons in May 2018.

Egypt to Purchase Insurance Against Oil Price Fluctuations

The Egyptian cabinet has announced that the country will purchase insurance contracts from international financial institutions to hedge against fluctuating global oil prices.

Egypt to Resume Gas Exports to Jordan in 2019

Egypt will resume gas exports to Jordan on January 1, 2019 with a flow of 1 million cubic meters per day.

El Molla: Citizens Will Not Pay Interest on Gas Link Costs

Citizens will not be charged interest on the costs of connecting their houses to the natural gas grid, oil minister Tarek El Molla has announced.

Eni To Start Production from South Meleiha Within 3-6 Months

Eni will begin production from the South Meleiha concession in the Western Desert’s Faghur Basin within three to six months.

Apache to Drill Three Wells in Western Desert

Apache plans to drill three out of seven planned wells in the Western Desert by the end of 2018, according to an oil ministry source.

SDX Announces Gas Discovery in South Disouq Consession

SDX Energy has announced another gas discovery at its SD-3X well in the South Disouq concession in Egypt.

MPs Question Gas Price Increases

Members of parliament requested on June 22 to send a letter to Prime Minister Mostafa Madbouly and Minister of Petroleum Tarek El Molla asking them to explain the reasons behind the latest increase in natural gas prices.

Egyptian Government Increases Gas Prices By Up to 75%

Egypt will raise natural gas prices for households and businesses by up to 75% from the beginning of August.

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