EGAS | Egypt Oil & Gas - Part 16

Prepaid Gas Meters Boom Across Different Governorates

The Ministry of Petroleum announced that they will install and activate 20,000 prepaid gas meters by H2 2019 in trial operations in Bashayer Al Khair 2 project in Alexandria and Al Asmarat neighborhood in Cairo.

Zohr Production More Than Triple in H1

Production at the Zohr natural gas mega field surged in H1 2019 to reach a total of 11.3 billion cubic meters, increasing by 3.6 times compared to a year earlier.

BP Targets 500 MMSCF/D in South Baltim Gas Project

BP is targeting to produce 500 million standard cubic feet per day (mmscf/d) of natural gas from its new discovery in the Baltim South Development Lease.

BP to Increase North Alexandria’s Gas Production to 1.5 bcf/d

BP that acquires 82.75% of North Alexandria’s Gas Project is planning to launch its third phase by the end of 2019, which will raise production to 1.5 billion cubic feet per day (bcf/d) by 2020.

Egypt Discusses Bilateral Cooperation with Greece

Tarek El Molla, the Minister of Petroleum, and Konstantinos Hatzidakis, the Greek Minister of the Environment and Energy, discussed the bilateral cooperation between the two countries in the petroleum and gas sect ...

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.

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