EGAS | Egypt Oil & Gas - Part 34
Union Fenosa Gas Challenges Reports on Damietta Arbitration Case
Union Fenosa Gas (UFG) has challenged reports that Egypt’s state gas company EGAS has been exempted from paying the demanded $270m to owners of the Damietta liquefaction plant in relation to an arbitration case.
Egypt to Divert Natural Gas Supplies from Industries
In an attempt to meet the increased demand from the electric power plants, Egypt will divert the natural gas supplies away from the industry in August.
EGAS Exempted from $270m Fine for Damietta Gas Cuts
The Paris-based International Court of Arbitration has declared that The Egyptian Natural Gas Holding Company (EGAS) will be exempted from paying a $270m fine related to gas cuts at its foreign-owned LNG plant in Dam ...
Oil Minister Held Third Review Meeting on Zohr
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the third regular committee meeting evaluating the execution phases of the Zohr field project development.
Oil Ministry Focused on Gas to Meet Domestic Demand
In the last couple of years, Egypt's Ministry of Petroleum has focused to provide fuel needs to the domestic market through contracts on gasification ships to receive Liquid Natural Gas (LNG) shipments.
EGAS to Supply Gas to Fertilizers for Local Market
The Egyptian Natural Gas Holding Company (EGAS) agreed with the Ministry of Agriculture to prioritize supplying natural gas in the summer months to fertilizer factories that feed the local market.
Egypt to Issue LNG Cargoes Tender
Egypt is set to issue a tender seeking 10 LNG cargoes to be delivered in July and August.
EGAS Mulls Renting Gasification Ship
The Egyptian Natural Gas Holding Company (EGAS) plans to rent a gasification ship located in Jordan with a capacity of 500mcf/d of gas and to host it in a private port controlled by SUMED in Ain Sokhna in 2017.
