EGAS
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El Molla Showcases Ramallah Visit Results Before Cabinet
Thursday, 25th February 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed before the Cabinet, headed by Prime Minister Mostafa Madbouly the results of his recent visit to Ramallah and Tel Aviv, in addition to signing of protocol to develop the Gaza gas field.
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Egypt, Palestine to Develop Gaza Gas Field
Tuesday, 23rd February 2021
Egypt and Palestine signed a memorandum of understanding (MoU) between the partners of the Gaza gas field; the Palestine Investment Fund (PIF), the Consolidated Contractors Company (CCC), and the Egyptian Natural Gas Holding Company (EGAS) to develop the Gaza gas field and the necessary infrastructure.
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Egypt Offers First Digital International E&P Bid Round in 2021
Monday, 22nd February 2021
The Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (EGAS) have offered the first digital international bid round in 2021 for petroleum exploration and production (E&P) operations in 24 Blocks at the Gulf of Suez, Western Desert and the Mediterranean.
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Car Gas, Gastec Sign Contracts with Chillout
Wednesday, 6th January 2021
The Natural Gas Vehicles Company (Car Gas) and Egyptian International Gas Technology (Gastec) signed contracts to provide Chillout, which is a subsidiary of the National Company for Roads, with 24 plots of land for establishing new natural gas stations in line with the presidential initiative of natural gas vehicles conversion (NGVC).
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ExxonMobil Acquires Offshore Exploration Concession in Egypt
Tuesday, 5th January 2021
ExxonMobil Egypt (Upstream), in cooperation with Tharwa Petroleum Company, signed an agreement with the Egyptian Natural Gas Holding Company (EGAS) to acquire a concession covering more than 4,000 km2 in the Star marine area in Egypt.
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El Molla Issues New Transfers
Sunday, 3rd January 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies.
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EGAS Exports 33.9 bcf of Natural Gas to Jordan in FY 2019/20
Monday, 28th December 2020
The Egyptian Natural Gas Holding Company (EGAS) exported about 33.9 billion cubic feet (bcf) of natural gas to Jordon through the Arab Gas pipeline in the fiscal year (FY) 2019/20.
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Public Business Sector Settles Debt Owed to Petroleum Sector
Monday, 7th December 2020
The Ministry of Public Business Sector signed a protocol to settle the debt owed to the Ministry of Petroleum and Mineral Resources for business companies’ natural gas withdrawals.
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Regas, IDA Ink Deals for Natural Gas Delivery to Industrial Zones in Qena, Sohag
Thursday, 3rd December 2020
The Industrial Development Authority (IDA) signed cooperation protocols with Gas Region (Regas) to deliver natural gas to four industrial zones in Qena and Sohag.
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Eni Reaches Agreement with Egypt to Restart Damietta LNG Plant
Wednesday, 2nd December 2020
Eni, the Italian giant, has come to an agreement with the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and its Union Fenosa Gas (UFG) partner Naturgy to finally re-open the Damietta liquefaction plant in Q1 2021.
Latest News
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021