EGAS | Egypt Oil & Gas - Part 30

EGAS Set Gas Transmission Tariff

Egyptian Media reported the the Egyptian Natural Gas Holding Company (EGAS) will set a preliminary price of $0.4 per 1mbtu for the use the Egypt’s national gas distributor grid by private companies, citing a sou...

EGAS Presented 2017/2018 Budgets

A press release to Egypt Oil&Gas stated that Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, attended the general assembly of the Egyptian Nature Gas Holding Company (EGAS) and reviewed the c...

EGAS to Pump 500mcf/d of Gas to Factories

An official at the Egyptian Natural Gas Holding Company (EGAS) stated to Egypt Oil&Gas that EGAS will pump 500mcf/d of gas to factories during January 2017 in order for the factories to continue work and to avoid ...

Edison Signed $86m Deal to Explore Oil, Gas in Egypt

Egypt signed an oil and gas agreement with Italy’s Edison worth $86m to explore and produce oil and natural gas in the Mediterranean Sea, in addition to $1.5m signing bonus for drilling 2 new wells , reported Al...

Egypt Produced 4.5bcf/d of Gas

Egypt’s natural gas production increased from 4.45bcf/d in November 2016 to 4.5bcf/d, reported Al Borsa. According to a source with the Egyptian Natural Gas Holding Company (EGAS) , new wells were linked to prod...

EGAS to Pump Gas to 700,000 Households

The Egyptian Natural Gas Holding Company (EGAS) plans to deliver natural gas to between 500,000 and 700,000 households within the second half of fiscal year 2016/2017, reported Al Mal News. Sources with EGAS added tha...

EGAS Awarded New Concession Deals

An official at the Egyptian Natural Gas Holding Company (EGAS) stated to Egypt Oil&Gas that EGAS awarded three new concession agreements to Italian Eni’s Egyptian joint venture, International Egyptian Oil Co...

NKB Sues National Gas Egypt for Loan Repayment

National Bank of Kuwait (NBK) has sued both National Gas Egypt and the Egyptian Natural Gas Holding Company (EGAS) before the Economic Court for the delayed repayment of a EGP 75m loan. The organizations borrowed the ...

EGAS Granted Gas Importing Licenses

The Egyptian Natural Gas Holding Company (EGAS) granted four companies preliminary approvals on their requests to import natural gas privately and pump it through the national grid. A source with EGAS stated that the ...

Egypt Estimates 5.3bcf/d Gas Consumption

The Egyptian Natural Gas Holding Company (EGAS) estimated Egypt’s demand of gas to reach 5.3bcf/d. The company added that Egypt is fully securing the demand, without decreasing supply to any of the country’...

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