EGAS | Egypt Oil & Gas - Part 21

Petroleum Ministry Settles Disagreements between Firms

The Ministry of Petroleum and Mineral Resources is trying to approximate points of views between EGPC, EGAS and holding companies, and Taqa Gas Group.

EGAS to Launch outbidding for 11 Concessions

The Egyptian Natural Gas Holding Company (EGAS) plans to issue an international outbidding to explore for crude oil and natural gas in 11 concession areas before June 2018.

EGAS Secures 5 LNG Cargoes for Q2 of 2018

The Egyptian Natural Gas Holding Company (EGAS) secured receiving five LNG cargoes during the second quarter of 2018.

EGAS to Launch Bid Round for East Mediterranean and Nile Delta

The Egyptian Natural Gas Holding Company (EGAS) will launch a bid round within few days for nine areas, including six areas offshore the East Mediterranean Sea and three areas onshore the Nile Delta.

EGAS to Boost Gas Production to 7 bcf/d by End of 2018/2019

EGAS plans to drill and develop natural gas fields in the Mediterranean Sea in order to boost production to around 6 billion cubic feet per day (bcf/d) by the end of fiscal year (FY) 2017/2018, which will graduall ...

Egypt Signs $200M Agreement with EBRD

The Minister of Investments and International Cooperation, Sahar Nasr, signed an investment agreement worth $200 million with the European Bank for Reconstruction and Development (EBRD).

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).

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