EGAS | Egypt Oil & Gas - Part 42

IEOC to Connect Mega Egyptian Gas Discovery to Port Said

IEOC, a subsidiary of Eni, will extend a 195km pipeline from  Zouhr well Block 9 to the city of Port Said, reported Egypt Oil & Gas (EOG). Work on the pipeline will begin with development operations early next yea...

EGAS to Import LNG from Sonatrach

EGAS is in negotiations with the Algeria’s Sonatrach, to import LNG shipments starting from next year, reported Al Markazy. According to unnamed sources at EGAS, the deal includes 6 shipments, each amounting to ...

EGAS Invites 10 LNG International Firms for Workshop

10 liquefied natural gas (LNG) trading firms have been invited by EGAS to join a technical workshop. The said workshop is believed to be a shortlisting of potential winners for a major LNG tender, reported Ahram Onlin...

Eni’s Gas Discovery May Be Double Initial Estimates

Sources at EGAS told Egypt Oil & Gas (EOG) that according to the seismic data of Eni’s massive Zouhr discovery,  the potential reservoir is estimated at 60 TCF, rather than 30 TCF.  Accurate estimates of the...

EGAS Chairman: Egypt will Close the Gas Consumption, Production Gap by 2018

In exclusive statements made to Al-Borsa, EGAS Chairman Khaled Abdel Badie, said that Eni’s new discovery will definitely contribute towards balancing Egypt’s gas production and consumption  by 2018, once ...

Update-2: EGAS to Gain 60% Share of Eni’s New Gas Find in Egypt

EGAS Chairman Khaled Abdel Badie told Daily News Egypt that the agreement with Italy’s Eni will see Egypt’s share of gas production from the Shorouk franchise increase to over 60%. this will occur after the foreign pa...

Rosneft to Supply Egypt with Natural Gas

Petroleum Minister Sherif Ismail has inked an agreement with Russian company Roseneft to supply amounts of LNG to Egypt for the upcoming two years, reported All Africa. The Minister added that the Russian company has ...

EGAS Begins to Collects Dues Worth EGP 4B

A source at EGAS informed Al-Borsa that the dues owed to the gas holding company reached EGP 4b with 60% of this sum coming from the government sector alone. The source added that the process for rescheduling the paym...

EGAS Denies Jordan LNG Claims

In a talk with Al-Masry Al-Youm EGAS Chairman Khaled  Abdel Badie strenuously denied news reports that Egypt was going to import LNG through the Jordanian port of Aqaba, reported Egypt Independent. “I am not sure what...

Egypt to Import Gas from Jordan

Egypt’s state-owned gas company EGAS is seeking four cargoes of liquefied natural gas (LNG) for delivery to Jordan’s Aqaba terminal, reported Reuters. EGAS has approached existing suppliers for the cargoes...

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