EGAS | Egypt Oil & Gas - Part 29
Egypt Gas Lost EGP 50m
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 Owes $3.6b in Oil, Gas Arrears
Egypt owes $3.6b in backdated arrears to international oil companies (IOC), as the country plans to drill 12 new wells during 2017.
Egyptian Natural Gas Production Declines
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.
EGAS to Evaluate Gas Projects
The Egyptian Gas Holding Company (EGAS) started reassessing the gas projects that will be linked to national grid until the end of 2017.
Egypt Pushed Back Third FSRU
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 ...
EGAS to Export 150mcf/d of Gas
The Egyptian Natural Gas Holding Company (EGAS) plans to export 150mcf/d of gas through Edco Liquefaction Factory owned by Royal Dutch Shell. Egypt Pumps Natural Gas to Dairut
the Egyptian Natural Gas Holding Company’s (EGAS) pumped natural gas for the first time to Dairut City in Assiut.
EGAS Extended Gas Pipeline
The Egyptian Natural Gas Holding Company completed an extension of the gas pipeline located west of the Nile and passing below the river to deliver gas to Beni Suef Governorate.
