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.
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.
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 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.
Egyptian natural gas supplies to Jordan reached 200 million cubic feet a day, Egypt's state-run Middle East News Agency reported, citing Jordanian Energy Minister Khalid Touqan.