News / Egypt
Eni Signs Two New Concession Agreements
Eni has signed two concession agreements for the North Leil and Karawan blocks offshore Egypt as a result of the EGAS 2013 bid round.
Eng. Ismail: Egypt Is Open to Importing Gas from Israel
Egypt is open to importing gas from Israel, its oil minister said in state-owned media on Wednesday, another sign that it may lean on its neighbour to help tackle its energy troubles.
Electricity Ministry to Add 3,600MW in Summer
The Ministry of Electricity plans to add 3,600MW of electrical energy next summer to overcome growing electricity consumption, according to Electricity Minister Mohamed Hamed Shaker.
Dana Gas: Oil Prices May Delay Debt Payments
UAE-based Dana Gas revealed on Wednesday that it could delay the schedule of receiving the owed debt by the Egyptian government, due to the international decline in oil prices.
Butane Gas Crisis Is A Result of Weather Conditions: President Sisi
President Abdel-Fattah El-Sisi stated that the current butane gas shortage crisis in Egypt was caused by the wintery weather conditions that delayed the butane shipments to Egypt.
Gazprom to Provide Egypt 35 LNG Shipments Over Five Years
Petroleum Minister Sherif Ismail announced Tuesday an initial agreement has been made with Russia’s Gazprom to supply around 35 shipments of liquefied natural gas (LNG) over the next five years.
GPC Invites E&P Companies to New Bid Round in South Sinai
The General Petroleum Company (GPC) invites companies in the of oil and gas exploration and production (E&P) field to submit offers for undertaking E&P services in GPC concession area in South Sinai; in order to maximize and stimulate production from proved and unproved reserves in discovered fields, and to explore the unexplored areas, achieving the optimal development of this area.
Mostorod Refinery Project to Utilize $2.7 Billion in 2015/2016
Approximately $2.7 billion will be utilised throughout 2015 and 2016 to complete the implementation of the Egyptian Refining Company’s (ERC) project in Mostorod, according to Wael Al-Orabi, the company’s Commercial Director.
