EGAS | Egypt Oil & Gas - Part 39

Petroceltic Completes $9.5m Sale of Deepwater Licenses in Egypt

Ireland’s Petroceltic International plc, has completed the sale of the North Thekah, North Port Fouad, and South Idku deepwater exploration licenses in Egypt to its joint venture partner, the Italian company, Ed...

EGAS Decreases Gas Imports, Restores Full Industrial Supply

The Egyptian Natural Gas Holding Company (EGAS) has reduced gas imports to around 700mcf/d from 1bf/d in November, Daily News Egypt reports. The reduction is a response to declining domestic consumption that fell to t...

EGAS: Gas Fulfillments to Fertilizer Plants Return to 100%

EGAS announced that the gas capacity pumped to fertilizer plants has been restored to 100% of fulfillment of contractual obligations, after dropping to 85% due to reduced capacity in the national gas network, an EGAS ...

Jordan Gas Deliveries to Egypt Disrupted by Weather

Jordan’s National Electric Power Company (NEPCO) has informed EGAS that it cannot meet its agreed upon delivery of gas to Egypt from its floating, storage, regasification unit (FSRU), Reuters reports. Jordan’s F...

Former EGAS Chairman: ICC Lacks Jurisdiction in Israel Dispute

Egypt’s appeal over the dispute with the Eastern Mediterranean Gas (EMG) and the Israel Electric Corporation (IEC) will be based on a lack of jurisdiction by the International Chamber of Commerce (ICC), according to f...

Abu Bakr: EBRD to Finance GANOPE’s Projects

EGPC,  EGAS, and GANOPE signed a letter of intent with the European Bank for Reconstruction and Development (EBRD) to finance a number of energy projects that the state is in need of, reported Egypt Oil & Gas. Hea...

EGAS Notifies Factories of a 15% Gas Supply Cut

EGAS notified energy intensive factories that they will reduce gas supply by 15% from the contracted quantity due to the current low pressure of gas in the National Grid, reported Al-Borsa. An EGAS official explained ...

EGAS to Launch a New Bid Round for Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) is preparing for a new bid round for the offshore Mediterranean area, Daily News Egypt reports. Khaled Abdel Badie, Chairman of EGAS, said that the areas and other detai...

Israeli Delegation Sent to Cairo over Gas Lawsuit

Egypt will receive an Israeli envoy to discuss the recent International Chamber of Commerce’s (ICC) ruling over disrupted Egyptian gas exports to Israel, Ahram Online reports. According to the report, the Israel...

Gas Ruling Forces Egypt to Pay $2b to Israel, Government to Appeal

The International Chamber of Commerce (ICC) has ruled against the Egyptian General Petroleum Corporation (EGPC) and the Holding Company for Natural Gas (EGAS) in its long-standing contract dispute, Reuters reports. Th...

Page 39 of 47

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