British Gas

  • Egypt Owes $1.3b to Royal Dutch Shell

    Egypt Owes $1.3b to Royal Dutch Shell

    Monday, 3rd October 2016
    The Egyptian Ministry of Petroleum currently owes Royal Dutch Shell $1.3b, up from $1.1b in July. These amounts are owed against the ministry's purchases of Shell's production from Rasheed Concession and British Gas (BG)'s Burullus concession.
  • Egypt to Settle $400m Dues to Shell, BG

    Egypt to Settle $400m Dues to Shell, BG

    Wednesday, 18th May 2016
    Shell and British Gas (BG) have reached an agreement with the Egyptian Petroleum Ministry to obtain $400m of their financial dues by the end of June, in exchange for renting a driller and resuming work in the 9B phase of the project in the Mediterranean.
  • BG in Negotiations with Egypt over Burullus Fields

    BG in Negotiations with Egypt over Burullus Fields

    Tuesday, 5th April 2016
    British Gas (BG), a subsidiary of Shell, informed that work on the 9B Phase in the Burullus fields in the Mediterranean Sea would be resumed if the Egyptian General Petroleum Corporation (EGPC) allowed BG to export 100-150mcf/d of natural gas, approved gas price adjustments, and scheduled the payment of its dues, Al Borsa reported.
  • British Gas to inject US$5 billion in investments

    British Gas to inject US$5 billion in investments

    Wednesday, 12th September 2012
    Petroleum Minister Osama Kamal on Tuesday said British Gas is injecting US$3 billion to US$5 billion into development projects in Egypt, in addition to its current investments that amount to US$10 billion.