Agreement | Egypt Oil & Gas - Part 36

Egypt, Siemens Sign a $252.82m Transmission Stations Agreement

The Egyptian  Electricity Ministry signed a $252.82m agreement with Siemens to build six power transmission stations to help transport power generated from the new Siemens power plants, Minister of Electricity, Mohame...

Egyptian Cabinet Mulls Adjusting Natural Gas Prices

An Official Source at the Egyptian Natural Gas Holding Company(EGAS) stated to Egypt Oil&Gas that the government is considering adjusting natural gas prices in some agreements with foreign oil companies. This step...

ADNOC, Vitol Signed 10-Year LPG Agreement

The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000t/y of liquefied petroleum gas (LPG), to Vitol over the next t...

OPEC: Egypt May Join OPEC’s Oil Output Cap Agreement

The Organization of Petroleum Exporting Countries’ (OPEC) General Secretary, Mohamed Barkindo, said at a press conference that Egypt may join OPEC’s oil production cap agreement, TASS informed. Barkindo noted th...

Dana Gas to Freeze Investments

The Egyptian Natural Gas Holding Company( EGAS) has not frozen or canceled its existing E&P agreements with Dana Gas, said an official source at EGAS, Al Mal reported. The source further stated that Dana Gas, like...

Electricity Ministry to Announce Details about Dabaa Nuclear Project

The Egyptian Ministry of Electricity is preparing to hold a public announcement of the details of Dabaa nuclear power plant in cooperation with Russia. A source at the Ministry of Electricity said that Minister Mohame...

EGPC, NBE Agreed on Gas Meters Installment

An official source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that the company agreed with the National Bank of Egypt (NBE) on the installments for gas meters at the h...

Egypt to Import LNG from Oman, Russia, France

The Chairman of the Egyptian Natural Gas Holding Company (EGAS), Mohamed El Masry  stated that Egypt has reached an agreement to import between 43 and 45 cargoes of liquefied natural gas (LNG) from Oman, Russia, and F...

Solar Energy Companies Threaten to Withdraw from FiT

More energy companies could be withdrawing from phase one of the feed in tariff (FiT) program if the Ministry of Electricity  doesn’t respond to their financial and technical offers soon, El Borsa reported. The Egypti...

Shell Sold Its Shares in Vivo Energy

Royal Dutch Shell PLC has signed a $250m agreement with Vitol Africa B.V. for the sale of it 20% stake in Vivo Energy, which supplies fuels and lubricants to marine markets, Ship & Bunker reported. The sale, subje...

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