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.
EGAS expects the country's natural gas consumption to grow by 12.3%, reaching 7.3 bcf/d in FY 2019/20.
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.
The Egyptian Natural Gas Holding Company (EGAS), National Organization for Military Production (NOMP) signed a protocol for producing smart prepaid gas meters.
Egypt's natural gas production increased by around 300 mmscf/d, reaching around 6.9 bcf/d.
The four shipments are offered through two separate tenders that will close on April 9.
Developing the national grid is an essential component in Egypt’s strategy to become a regional hub for natural gas
The LNG cargoes are offered in a tender that is set to close on March 18 in order to be awarded by March 21.
Private sector companies stopped applying for natural gas import licenses as Egypt’s natural gas production grew to 6.8 bcf/d achieving self-sufficiency with surplus of exports.
The loan agreement was signed on December 27, 2017 by Egypt and EBRD to grant EGAS a $200 million loan.
EGAS will launch an E&P bid round to search for natural gas in the West Mediterranean.