Shell to Finalize EDCO’s Loan Repayment

• Tuesday, 3rd January 2017
• by Sarah Samir

Royal Dutch Shell will completely repay the second tranche of its $2b EDCO liquefaction plant loan by December 2017. The loan was granted to British Gas (BG) to establish the EDCO plant, reported Al Borsa. In February...

EGPC Paid $480m in Edco Laons

• Sunday, 18th September 2016
• by Sarah Samir

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...

Egypt, Shell Agreed on Gas Re-pricing for Burulus Field

• Thursday, 8th September 2016
• by Sarah Samir

The Egyptian Ministry of Petroleum and Mineral Resources agreed with Royal Dutch Shell Petroleum Company to re-price gas produced in phase 9C from Burulus field to be the same pricing as 9B phase gas, ranging between ...