News / Egypt

Botched sabotage attempt on Egypt-Israel gas link

Unknown attackers attempted to blow up an Egyptian gas pipeline to Israel and Jordan on March 27, but the explosives failed to detonate, a security official said.

Ampal: EMG accounts for 30% of Egypt’s gas revenue

EMG currently delivers two billion cubic meters of gas a year, indicating that its annual EBITDA is $100 million.

Ghorab: Egypt in strong position to raise gas price to Israel

Egypt is in a strong position to raise gas price to all importers, Minister of Petroleum, Abdallah Ghorab stated in a press conference.

TransGlobe Energy: production increases in Egypt

TransGlobe Energy Corporation announced production increases in Egypt in West Gharib concession (100% working interest, TransGlobe operated).

East West Petroleum plans to treble production in Egypt

East West Petroleum provided a 2011 drilling and operations update for the Burg El Arab concession (BEA), located in the Western Desert of Egypt.

EMG: Egypt should honor Israel natgas deal

East Mediterranean Gas (EMG), which supplies Egyptian natural gas to Israel and other Middle East countries, does not see any justification for amending the terms of its contract with the Egyptian government to negotiate a higher price, said an EMG stakeholder.

Egyptian gas supply to Israel almost back to normal

Gas deliveries from Egypt to Israel have reached 90% of volumes prior to the cutoff on February 5 and will continue to ramp up this week, said Israeli energy industry sources.

Dahy leads EGPC

Eng. Abdallah Ghorab, Minister of Petroleum, appointed Eng. Hany Dahy, former Chairman of Enppi, as the Chairman of the Egyptian General Petroleum Corporation (EGPC).

Egypt seeks to amend terms of Israel gas exports

Egypt is trying to amend natural gas export deals with a number of countries, particularly Israel, and plans to reign subsidies on petroleum products.

BP plans $11 billion gas project in Egypt

Egypt will review the price of natural gas exports, Minister of Oil Abdallah Ghorab was quoted by the official Middle East News Agency (MENA) as saying.

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