EGAS | Egypt Oil & Gas - Part 17

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.

Egypt Increases Gas Production to 6.9 bcf/d

Egypt's natural gas production increased by around 300 mmscf/d, reaching around 6.9 bcf/d.

Egypt Offers 4 LNG Cargoes for May

The four shipments are offered through two separate tenders that will close on April 9.

GASCO’s Distribution Rises 6% in 2018

Developing the national grid is an essential component in Egypt’s strategy to become a regional hub for natural gas

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.

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.

Page 17 of 45

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