The Egyptian Natural Gas Holding Company (EGAS) awarded liquefied natural gas (LNG) import contracts to Glencore, Trafigura, BB Energy, Gunvor and Vitol.
The Egyptian Natural Gas Holding Company (EGAS) plans to pump gas for 15,000 citizens in Edco City, with 10,000 getting gas during fiscal year 2016/2017 and the remaining 5000 consumers linked within fiscal year 2017 ...
Egypt Gas Company has incurred total losses of EGP 50.4m for the first 9 months of 2016. This comes to over 14% increase when compared to EGP 43.9 losses for the same period during 2015.
Egypt Gas Lost EGP 50m
Egypt's natural gas production has decreased from 4.4bcf/d to 4.35bcf/d in October due to deficient speed of connecting new wells to the national grid to compensate for natural gas production ratio decline.
Egypt will postpone contracting a third floating and storage regasification unit (FSRU) for one month. This delay is pending the Egyptian Ministry of Electricity to decide on its needs of liquefied natural gas (LNG ...