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 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 ...
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).
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.
The government anticipates that 8.2 million households will be connected to the natural gas grid by the end of 2017.
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.
Natural gas consumption of Egypt's electricity generating power plants has decreased by around 900 million standard cubic feet per day (mscf/d).
The Egyptian Natural Gas Holding (EGAS) will purchase 12 cargoes of liquefied natural gas (LNG) from multiple European traders
Egypt’s consumption of natural gas has risen to approximately 4.5 million tons per month.
Hossam Ibrihim Abdel Salam El Samra was appointed as the new Acting Head of Egypt Gas Company
