Egypt has taken the first steps toward implementing a recently signed memorandum of understanding (MoU) with ExxonMobil and QatarEnergy to study connecting the companies’ gas fields offshore Cyprus to Egypt̵...
The Egyptian General Petroleum Corporation (EGPC) paid $480m in loan dues for Shell’s Edco gas liquefaction factory since the facility halted operations in 2012. A source from EGPC added that Edco pays $200m due...