EGAS | Egypt Oil & Gas - Part 41

ITG to Recycle Oil Sectors’ Electronic Waste

The International Technology Group (ITG) agreed in January with the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and representatives of 90 companies working in the o ...

LNG Import Cost Dropping As A Result of Falling Oil Prices

The cost of importing LNG to Egypt will decrease $0.5 billion annually to $2 billion as a result of the drop in international oil prices, according to Khaled Abdel Badie, the chairman of state-run Egyptian Natural Ga ...

Dana Gas: Oil Prices May Delay Debt Payments

UAE-based Dana Gas revealed on Wednesday that it could delay the schedule of receiving the owed debt by the Egyptian government, due to the international decline in oil prices.

Gazprom to Provide Egypt 35 LNG Shipments Over Five Years

Petroleum Minister Sherif Ismail announced Tuesday an initial agreement has been made with Russia’s Gazprom to supply around 35 shipments of liquefied natural gas (LNG) over the next five years.

Gas Supplies to Cement Factories Replaced with fuel Oil

A senior Egyptian Natural Gas Holding Company (EGAS) official said the Egyptian General Petroleum Corporation (EGPC) has been informed of measures to be taken for cement factories’ fuel oil needs in 2015.

Eni Signs New Concession Agreement in The Western Desert

Italy's Eni has signed a new concession agreement to operate in the South-West Melehia block in the Western Desert of Egypt, as Cairo continues to look to international operators to boost its flagging production.

Oil and gas deals amended by Egypt’s cabinet

The Cabinet agreed to amend two existing oil and gas agreements with the UK's BP and German RWE Dea AG, MENA reports.

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 ...

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