News / Egypt
Pumping Gas to Fertilizer Factories a Priority for EGAS
The Egyptian Natural Gas Holding Company (EGAS) agreed with the Ministry of Agriculture to prioritize supplying natural gas in the summer months to fertilizer factories that feed the local market.
Egypt to Secure Citizen’s Needs of Butane Gas for Ramadan
Egypt's Supply Ministry will coordinate with the Egyptian General Petroleum Corporation (EGPC) to deliver Butane gas for home and commercial consumption, Khaled Hanafi- Minister.
Egypt Secures 135 mcf of Gas for Expected Hike in Summer Electricity Demand
The ministers of petroleum and electricity agreed to pump approximately 135m cubic meters of gas, fuel oil and diesel daily for power stations over the following summer months.
Ras Gharib’s First Crude Cargo Purchased by India’s MRPL
Mangalore Refinery and Petrochemicals has made its first purchase of Egypt's Ras Gharib crude, two sources with knowledge of the tender award said.
Egypt Signs a $300m to Produce High-Octane Benzene
Egypt’s Petroleum Ministry signed a deal to set up a new project to produce high-octane benzene in Alexandria with investments worth some $300 million, it said in a Friday statement.
Siemens to Install 12 Wind Farms in Egypt at an Investment of $9bn
German industrial company Siemens signed an 8 billion euro deal ($9 billion) with Egypt on Wednesday to supply gas and wind power plants to boost the North African country's electricity generation by 50 percent.
Promotions and Transfers within the Industry
The Ministry of Petroleum and Mineral Resources conducted a series of transfers and promotions for a number of exploration and operations managers for joint petroleum ventures.
Egypt’s Gas Production on the Decline
A senior EGAS official revealed to Al-Bourse newspaper that Egypt's production of natural gas is declining at a rate of about 130 mcf per month, compared to about 100 mcf during the same period last fiscal year. This decline was the result of the natural erosion of production from gas fields.
