EGAS Offers 4 LNG Cargoes in April
The LNG cargoes are offered in a tender that is set to close on March 18 in order to be awarded by March 21.
EGAS | Egypt Oil & Gas - Part 17
Private Sector Companies Freeze Natural Gas Imports
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.
El Sisi Approves EBRD $200 M Loan to EGAS
The loan agreement was signed on December 27, 2017 by Egypt and EBRD to grant EGAS a $200 million loan.
Egypt to Launch 3 E&P Bid Rounds in 2019
EGAS will launch an E&P bid round to search for natural gas in the West Mediterranean.
Egypt Issues 18 Licenses for Gas Distribution
The Gas Regulatory Authority issued two licenses to EGAS to ship and distribute natural gas, and three licenses to GASCO to supply, deliver, and distribute natural gas.
Egypt Announces Winning Bids for 12 New Concessions
Egypt’s Minister of Petroleum Tarek El Molla announced the winners of the bid rounds that were announced last year with EGPC and EGAS, on the sidelines of EGYPS 2019.
EGAS to Drill 13 Wells with $510 M Investments
EGAS plans to drill 13 wells in Nile Delta and the Mediterranean Sea during FY 2019/20, with total investments exceeding $510 million.
Egypt Consume 2.1 Tcf of natural gas in FY 2017/18
Egypt consumed an average of 5.753 billion cubic feet per day (bcf/d) in fiscal year (FY) 2017/18.
Egypt Exports 40 bcf of LNG in FY 2017/18
The country's exports did not have any amounts sent through pipelines in fiscal year (FY) 2017/18.
EGAS to Boost Gas Output to 6.75 bcf/d in January
Natural gas output rates recorded 6.6 bcf/d during the Q4 of 2018.
