EGAS | Egypt Oil & Gas - Part 16

Idku Gas Exports Rise to 750 mmcf/d

The Egyptian Natural Gas Holding Company (EGAS) estimated the quantities of natural gas exported through Idku gas liquefaction plant at 750 million cubic feet per day (mmcf/d) compared to 500 mmcf/d in June.

Government Closely Monitoring Fuel Market

Operations rooms at the Ministry of Petroleum and the Cabinet's Information and Decision Support Center (IDSC) are closely following fuel distribution and transportation prices.

Natural Gas Grid Expansion Exceeds Target

The number of units connected to the natural gas grid during FY 2018/19 will reach a total of 1.21 million by June 30, exceeding the targeted 1.2 million households.

Egypt to Pay $500 MM to Settle Gas Case with Israel

The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) have agreed to pay $500 million to settle a dispute with Israel Electric Corporation.

EGAS to Boost Natural Gas Production to 4.8 bcf/d by 2022

The Egyptian Natural Gas Holding Company (EGAS) aims to increase gas production by 4.8 billion cubic feet per day (bcf/d) by June 2022, bringing the total gas production in Egypt to about 11.3 bcf/d.

Egypt to Turn 40,000 Vehicles into Gas-Powered Ones by FY 2019/20

Egypt will finish establishing 17 new filling stations that will provide cars with natural gas by the end of June 2020, in respect to an expansion project that aims to turn vehicles into gas-powered ones.

EGAS Offers 13 LNG Cargoes in June, July

EGAS offered 13 gas cargoes to be shipped from Idku liquefaction plant in June and July 2019.

EGAS Forecasts 12.3% Increase in Gas Consumption

EGAS expects the country's natural gas consumption to grow by 12.3%, reaching 7.3 bcf/d in FY 2019/20.

Weatherford Inaugurates New Kattameya Facility

Weatherford has inaugurated its new Kattameya facility and office space in Cairo in a ceremony that gathered the company’s top management and industry leaders.

EGAS, NOMP Ink Agreement for Smart Meters

The Egyptian Natural Gas Holding Company (EGAS), National Organization for Military Production (NOMP) signed a protocol for producing smart prepaid gas meters.

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