EGAS | Egypt Oil & Gas - Part 37

EGAS Launches LNG Tenders for 48 Cargoes

Egyptian Natural Gas Holding Company (EGAS) has tendered to buy at least 48 cargoes of LNG for delivery in 2015/16, reported Reuters, citing three traders. A senior EGAS official also told Reuters that the result of ...

Egypt Awards New Oil and Gas Contracts

Egypt recently awarded eight oil and gas exploration contracts for prospecting projects off the North Coast of the Mediterranean Sea. Companies inacluding BP, Petroceltic International, Sea Dragon, Pura Vida Energy ...

EGAS pushes back bidding deadline to February

Egypt's state-owned Egyptian Natural Gas Holding Company (EGAS) has postponed by three months the closing date for international companies to present bids for 15 oil and gas concessions due to weak interest in the te ...

EGPC Files Arbitration Case in Israel Gas Dispute

Egyptian General Petroleum Corp. and Egyptian Natural Gas Holding Co. filed a request for arbitration against East Mediterranean Gas Co. over a deal to supply natural gas to Israel, EGPC's chairman said.

Egypt cancels gas deal with Israel

Egyptian energy companies, citing a trade dispute, have terminated a deal to supply Israel with natural gas in a step that may further erode bilateral ties strained by a popular revolt that toppled Egypt's pro-Israel ...

Two gas finds in Nile Delta and the Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) announced two new gas finds in the Nile Delta and the Mediterranean.

Egas receives a new offshore rig

As an attempt to intensify its E&P operations, the Egyptian Natural Gas Holding Company (Egas) received its new onshore rig Qaher-1 and is expecting the delivery of a second rig Qaher-2 in the coming month.

Egypt to invest $ 1.7 billion in power generation

Egyptian Minister of Electricity and Energy, Dr. Hassan Younis has allocated $ 1.7 billion (EGP 10 billion) to generate an additional 2,680 megawatts of electricity to meet high summer demand.

EGAS raises price of gas sales to Union Fenosa

The Egyptian Natural Gas Holding Co. (EGAS) signed an agreement allowing it to increase the price of natural gas sold to Union Fenosa SA, to reflect soaring global crude prices, according to an official for the Egypt ...

The Future of the Oil & Gas industry in Egypt

The Ministry of Petroleum oversees four holding companies that manage all elements of the oil and gas business and form joint ventures with international partners: EGAS, ECHEM, GANOPE, and EGPC.

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