EGAS | Egypt Oil & Gas - Part 34

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.

EGPC Announced International Bid Rounds

The Egyptian General Petroleum Corporation (EGPC) announced launching a new international bid round for 2016 for oil research and exploration, according to a press release received by Egypt Oil&Gas.

Rosneft Delivers First LNG Cargo to Egypt

Russian oil giant Rosneft announced it had delivered its first liquefied natural gas (LNG) cargo to Egypt.

Rosneft to Ship LNG to Egypt

Egypt will receive the first of nine agreed shipments of liquefied natural gas (LNG) from Russia's Rosneft in May, an official at the state gas board Egyptian Natural Gas Holding Company (EGAS) told the press.

Egypt’s Petrotrade Negotiating EGP 4b Bank Loan

Egypt’s Petroleum Services Petrotrade holds negotiations with local banks to borrow EGP 4b to be able to pay the dues of the Egyptian General Petroleum Corporation (EGPC) related to oil products.

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