Egypt to Award LNG Tender to 4 European Firms
The Egyptian Natural Gas Holding (EGAS) will purchase 12 cargoes of liquefied natural gas (LNG) from multiple European traders
News / Egypt
Egypt Consumes 4.5M Tons of Natural Gas Per Month
Egypt’s consumption of natural gas has risen to approximately 4.5 million tons per month.
Egypt, Saudi Interconnection Project on Track
Domestic political events in Saudi Arabia will not impact the Egypt-Saudi Arabia Interconnection Project.
TransGlobe to Plug Boraq 5
TransGlobe Energy Corporation announced that it failed to find hydrocarbons in two testing zones in Boraq 5.
New Acting Head of Egypt Gas Appointed
Hossam Ibrihim Abdel Salam El Samra was appointed as the new Acting Head of Egypt Gas Company
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Electricity Consumption Stable under 25K MW
Electricity consumption is holding below 25,000 megawatts (MW).
El Molla Reiterates: No Fuel Price Increases this Year
The government has no plans to raise fuel prices during the current fiscal year.
EGPC Has Signed 439 Agreements Since ’73
Between 1973 and October 2017, the Egyptian General Petroleum Corporation (EGPC) signed 439 oil and gas agreements.
CHC Seeking Opportunities to Export Natural Gas to Egypt
The Cyprus Hydrocarbon Company (CHC) is exploring opportunities to export natural gas to Egypt.
