News / Egypt
Egypt Buys 483,000 Tonnes Gasoil for February
EGPC bought up to 483,000 tonnes of gasoil for delivery in February.
Egypt: $2.2 Billion Tender Awarded to 4 Foreign LNG Firms
Egypt's state gas board has awarded a $2.2 billion tender to import 75 cargoes of liquefied natural gas (LNG) to four international firms,
Egypt Cancels Iraq’s Debts for Oil Shares
Reports revealed that the Egyptian and Iraqi governments have reached the proposal on the Iraqi debt to be canceled in exchange for shares of oil.
Industry Leaders Meet to Plan Production Optimization Convention
Several prominent figures from the oil and gas industry met last week once again for the Production Optimisation Convention steering committee, organised by Egypt Oil & Gas and is taking place in April.
Japan to Provide $360 Million Financial Support for Egypt’s Energy Sector
Japan will provide the Egypt with $360m financial support in the energy sector, marking the development of the relations between both countries.
LNG Import Cost Dropping As A Result of Falling Oil Prices
The cost of importing LNG to Egypt will decrease $0.5 billion annually to $2 billion as a result of the drop in international oil prices, according to Khaled Abdel Badie, the chairman of state-run Egyptian Natural Gas Holding Company (EGAS).
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.
