EGAS | Egypt Oil & Gas - Part 25
EGAS Funded by 9 Banks
The Egyptian Natural Gas Holding Company (EGAS) will borrow a loan worth EGP 1.8b from nine Egyptian and Arab banks.
Egypt to Stop Burning Natural Gas by July
Egypt decided to stop burning natural gas in fields across Egypt starting July.
El Molla Issues New Promotions
Tarek El Molla issued promotions and transfers in the petroleum sector.
Egypt’s Gas Demand to Reach 4.1bcf/d in Summer
The Egyptian Ministry of Electricity and Renewable Energy estimated the amount of oil and gas it will need during summer 2017 at 4.1bcf/d of gas, 23,000 tons/d of mazut, and 3,000 tons/d of diesel. El Molla Follows Up Progress of Zohr Field
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, visited Port Said Governorate to inspect the work progress at Zohr field as a part of following up the new gas development project.
Rosneft to Provide 10 LNG Cargoes to Egypt
A trading unit of Russia's largest oil producer Rosneft Trading SA (RTSA) has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company (EGAS) in 2017.
Egypt Air Dues to Petroleum Sector Increase
Egypt Air's arrears for the Egyptian oil and gas sector increased to be EGP 8.2b in March 2017.
EGAS Cuts Natural Gas Imports
The Egyptian Natural Gas Holding Company ( EGAS) has cut its imports of natural gas imports to five monthly shipments (equivalent to 700 mcf/d) from eight (800 mcf/d) since the beginning of 2017 thanks to rising dome ...
