EGAS | Egypt Oil & Gas - Part 21

EGAS to Launch LNG Tender in January

Egyptian Natural Gas Holding Company (EGAS) will offer a tender in January for the importation of liquefied natural gas (LNG) during the second quarter of 2018.

Number of Households Linked to Gas Grid to Hit 8.2M

The government anticipates that 8.2 million households will be connected to the natural gas grid by the end of 2017.

Misr Insurance to Insure Loans for Low-Income Gas Consumers

Misr Insurance Company agreed to insure EGP 50 million in interest-free loans offered by Nasser Social Bank to poor families to assist them in purchasing natural gas.

Power Plants Cut Natural Gas Consumption by 900 mscf/d

Natural gas consumption of Egypt's electricity generating power plants has decreased by around 900 million standard cubic feet per day (mscf/d).

Egypt to Award LNG Tender to 4 European Firms

The Egyptian Natural Gas Holding (EGAS) will purchase 12 cargoes of liquefied natural gas (LNG) from multiple European traders

Egypt Consumes 4.5M Tons of Natural Gas Per Month

Egypt’s consumption of natural gas has risen to approximately 4.5 million tons per month.

New Acting Head of Egypt Gas Appointed

Hossam Ibrihim Abdel Salam El Samra was appointed as the new Acting Head of Egypt Gas Company

EGAS Extends Deadline for LNG Tender

The Egyptian Natural Gas Holding Company (EGAS) is extending the timeline for its liquefied natural gas (LNG) tender by two days.

Natural Gas Fees to Rise by EGP 800 per Household

Egyptian Natural Gas Holding Company (EGAS) approved a hike in natural gas fees.

Egypt to Increase Natural Gas Production by 1.4 bcf/d

The Egyptian Natural Gas Holding Company (EGAS) plans to increase natural gas production by around 27%, or 1.4 billion cubic feet per day (bcf/d), to reach 6.5 bcf/d by June 2018.

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