EGAS | Egypt Oil & Gas - Part 20

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 billion cubic feet per day (bcf/d), achieving self-sufficiency with a surplus of exports, a gover...

El Sisi Approves EBRD $200 M Loan to EGAS

President Abdel Fattah El Sisi issued a republican decree of law no. 37 for 2018, regarding an approval for a loan agreement for the Egyptian Natural Gas Holding Company (EGAS)’ energy efficiency projects, Ahram...

Egypt to Launch 3 E&P Bid Rounds in 2019

The Egyptian Ministry of Petroleum and Mineral Resources aims to launch three exploration and production (E&P) bid rounds in 2019 in order to boost exploration activities in different concessions and increase loca...

Egypt Issues 18 Licenses for Gas Distribution

Egypt’s Gas Regulatory Authority issued licenses for 18 private and state-owned firms to ship, deliver, and distribute natural gas across the local market, a government source told Al Borsa News. The Gas Regulat...

Egypt Announces Winning Bids for 12 New Concessions

Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla announced the winners of the bid rounds that were announced last year with the Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural...

EGAS to Drill 13 Wells with $510 M Investments

The Egyptian Natural Gas Holding Company (EGAS) plans to drill 13 wells in the Nile Delta and the Mediterranean Sea during fiscal year (FY) 2019/20, with total investments exceeding $510 million, said Osama El Bakly, ...

Egypt Consume 2.1 Tcf of natural gas in FY 2017/18

Egypt’s consumption of natural gas recorded a total of 2.1 trillion cubic feet (Tcf) during fiscal year (FY) 2017/18, the Egyptian Natural Gas Holding Company (EGAS) said in its 2018 annual report. The country c...

Egypt Exports 40 bcf of LNG in FY 2017/18

Egypt exported 40 billion cubic feet (bcf) of equivalent gas to liquefied natural gas (LNG) via ten shipments during fiscal year (FY) 2017/18, the Egyptian Natural Gas Holding company (EGAS) said in its 2018 annual re...

EGAS to Boost Gas Output to 6.75 bcf/d in January

The Egyptian Natural Gas Holding Company (EGAS) is aiming to increase natural gas production to 6.75 billion cubic feet per day (bcf/d) in January 2019 a source at the company told Amwal Al Ghad.   Natural gas ou...

EGAS to Increase Gas Output by 1.5 bcf/d in 2019

The Egyptian Natural Gas Holding Company (EGAS) plans to add 1.5 billion cubic feet per day (bcf/d) to the national gas grid in 2019, through executing development projects in Zohr, North Alexandria, and the Burullus ...

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