EGAS | Egypt Oil & Gas - Part 31
Egypt to Consume 6.5bcf/d of Gas
The Egyptian Natural Gas Holding Company (EGAS) estimated Egypt’s local market gas demands to reach 6.5bcf/d within the summer of 2017. This will be divided into 4.4bcf/d of gas for power plants and 1.2bcf/d of ...
EGAS Awarded 2017 LNG Import Deals
The Egyptian Natural Gas Holding Company (EGAS) awarded liquefied natural gas (LNG) import contracts for 60 cargoes to Glencore, Trafigura, BB Energy, Gunvor and Vitol, thus covering EGAS’ annual LNG requirement...
EGAS to Link 15,000 Households to Natural Gas
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 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, reported Al Borsa. The compa...
Egypt Owes $3.6b in Oil, Gas Arrears
A source with the petroleum sector told Egypt Oil&Gas that Egypt owes $3.6b in backdated arrears to international oil companies (IOC). He added that the government is committed to paying all overdue amounts and ha...
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, repo...
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. This reassessment aims to study possibilities of providing local demands through...
Egypt Pushed Back Third FSRU
An official with the Egyptian Natural Gas Holding Company (EGAS) stated that Egypt will postpone contracting a third floating and storage regasification unit (FSRU) for one month. This delay is pending the Egyptian M... 
