Egypt to Decrease Monthly LNG Imports by 3 Cargoes
Egypt will decrease its imports of liquefied natural gas (LNG) by three cargoes a month when the Zohr natural gas field comes online.
Egypt | Egypt Oil & Gas - Part 656
Egypt will decrease its imports of liquefied natural gas (LNG) by three cargoes a month when the Zohr natural gas field comes online.
Production from the Zohr natural gas field—which could begin within days—should permit Egypt to achieve natural gas self-sufficiency in 2018.
Egyptian and Libyan officials met to discuss connecting their' electricity grids and other ways to enhance cooperation in the energy sector.
The World Bank will no longer finance upstream oil and gas projects after 2019.
The Egyptian General Petroleum Corporation (EGPC) sold 550,000 butane cylinders during the past two weeks as the temperature fell and butane consumption increased.
The proposed El Dabaa nuclear plant will begin commercial operations by 2026.
The government anticipates that 8.2 million households will be connected to the natural gas grid by the end of 2017.
The value of petroleum exports rose 20% to reach $1.8 billion in the first quarter of fiscal year (FY) 2017/2018.
The Ministry of Petroleum and Mineral Resources aims to increase natural gas production to 6.4 billion cubic feet per day (bcf/d) by mid-2018.
The Ministries of Electricity and Renewable Energy and Petroleum and Mineral Resources are negotiating alternative locations for the power plant planned for Dayrout.