EGAS | Egypt Oil & Gas - Part 40

Egypt’s Gas Production declines to 4.15 bcf/d

According to EGAS’s annual report the daily production rate of natural gas declined to 4.15 bcf, in comparison to 4.25 bcf last month, Daily News Egypt reported. Egypt’s gas production rate declines naturally by...

EGAS: Valiant Efforts to Resolve Industry’s Gas Crisis

EGAS is intensifying efforts to import natural gas and accelerate coordination with foreign companies for the implementation of gas development projects, all to solve the gas shortage afflicting the industrial sector ...

Egyptian Gas Production Increases to 4.3 bcm/d

The Egyptian Natural Gas Holding Company (EGAS) reports that Egyptian natural gas production has increased to 4.3 bcm/d , up 50 mscfd from the previous month. Egypt Daily News reports that the increase is the result o...

EGAS, Eni in Negotiation to Speed Up Linking Shorouk to Grid

The  Egyptian Natural Gas Holding Co. (EGAS) is holding intensive meetings with Italian Eni officials to speed up linking  Eni’s new discovery Zohr field, in the Shorouk concession to the national gas grid, repo...

Khaled Abdel Badie: Stable Gas Supply to Fertilizer Factories

EGAS Chairman, Khaled Abdel Badie, affirmed the regularity of the natural gas supply to fertilizer factories, reported al-Masry Al-Youm. That is, with the exception of three factories,  Egyptian Fertilizers Company, A...

Egypt to Rent 3rd FSRU By 2017

Reuters reported that Egypt is planning to rent a third floating storage and regasification unit (FSRU) late 2016 or early in 2017, in an effort to deal with gas shortage. The new date contradicts with earlier reports...

Khaled Abdel Badie: Egypt Will Not Obtain a 4th FSRU

Khaled Abdel Badie, Chairman of EGAS, explained that while originally Egypt planned to rent a fourth Fuel Storage and Regasification Unit (FSRU), the Shorouk discovery has deemed the move unnecessary, reported Egypt O...

Tarek El Molla: Egypt to Issue New Bid Rounds Soon

Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry plans to issue several bid rounds for exploration throughout the year, by EGAS, EGPC, and Ganope, reported Egypt Oil & Gas. El Mo...

BP Commits $229M to Three Offshore Blocks with Eni and Total

BP Plc announced on Wednesday that it had been awarded three new offshore exploration blocks in Egypt with a total investment commitment of $229 m from BP and its partners, report Reuters. BP said it would have 100% e...

Mohamed Al-Masry Appointed Head of EGPC

Egypt Oil & Gas learned that Petroleum Minister Tarek El Molla appointed Mohamed Al-Masry as Head of the Egyptian General Petroleum Corporation (EGPC). Al-Masry served previously as Vice Chairman of Operations for...

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