Egypt has secured a stable and reliable system to meet its natural gas needs for the next five years in terms of floating, storage, and regasification units, Prime Minister Mostafa Madbouly stated during the Cabinet meeting on Wednesday.
Karim Badawi, Minister of Petroleum and Mineral Resources, visited the Aqaba Port in Jordan for the trial run of the Floating Storage and Regasification Unit (FSRU) Energos Force, which is set to receive imported liquefied natural gas (LNG) shipments, regasify them, and inject the gas into the Arab Gas Pipeline. He was accompanied by Saleh El-Kharabsheh, Jordanian Minister of Energy and Mineral Resources.
The Egyptian General Petroleum Corporation (EGPC) held a workshop to review the actual results of the trial run for a project at the Alexandria National Refining and Petrochemicals Company (ANRPC). This project involved changing the main boiler's fuel system. During the trial, the boiler was operated using hydrogen surplus instead of natural gas. Approximately 12,000 tons of hydrogen-rich gases were utilized as a substitute for 20,000 tons of natural gas. This pioneering initiative in the petroleum sector yielded significant economic savings and environmental benefits.
Minister of Petroleum and Mineral Resources, Karim Badawi, announced a new round of transfers and assignments for operation leaders in the petroleum sector.
Minister of Petroleum and Mineral Resources Karim Badawi has announced a new round of transfers and appointments involving senior officials at the ministry, the Egyptian Natural Gas Holding Company (EGAS), and several petroleum and mineral resources sector companies. The reshuffle aims to strengthen key petroleum entities with the required expertise to drive future objectives and encourage knowledge exchange. It also includes filling leadership positions that have recently become, or are expected to become, vacant due to retirements.
Mitsubishi Power, the energy solutions brand of Mitsubishi Heavy Industries, has completed a hydrogen fuel conversion project at the refinery of the Alexandria National Refining and Petrochemical Company (ANRPC). The project marks the first industrial use of hydrogen as boiler fuel in Egypt and the wider MENA region.
The project, whose contract was unveiled in 2022, contributes to the utilization of 14,000 tons per year (tpa) of hydrogen-rich gases available in the production units, reducing natural gas consumption by about 24,000 tons as well as the reduction of carbon emissions by about 65,000 tpa.
The Western Desert Operating Petroleum Company (WEPCO), an Egyptian state‐established energy firm, has raised its daily natural gas output to 8,300 barrels of oil equivalent per day (boe/d) following the integration of the 5st-10 development well at the Badr-1 field onshore the Western Desert.
Cleopatra Group, one of Egypt’s largest private sector industrial conglomerates is tapping the oil sector, and is currently assessing some fields in Egypt and abroad to invest in, according to Mohamed Aboul Enein, founder and chairman.
The global gold mining company, AngloGold Ashanti, reported more than 100 per cent increase in both its earnings and free cash flow in the second quarter of 2025 (Q2 2025) compared to the same period last year. This was driven by a hike in average gold price, continued cost discipline and a 21% increase in gold production, according to a company statement
Jordan received on Friday the Energos Force floating, storage, and regasification unit (FSRU) at Aqaba port. The unit is set to commence operations next Tuesday, facilitating the gasification of liquefied natural gas (LNG) shipments, according to Jordan news agency.
Egypt and Jordan signed a cooperation agreement in 2024 that entails leveraging Egypt’s floating storage and regasification units (FSRUs) to supply Jordan with natural gas and secure its local market demands. Herein, Jordan plans to secure up to 350 million cubic feet of gas daily from the Energos Force unit till the end of 2026.
