EGAS | Egypt Oil & Gas - Part 43

EGAS Announces New Bid Round

EGAS announced a new international bid round for 2015 for 8 Blocks in the Mediterranean Sea with a total area of 11,849 km2.

Egypt’s Gas Production Will Not Increase in FY 2015/2016

Gas production in the next fiscal year (FY) 2015/2016 will not increase, according to a senior official at Egyptian Natural Gas Holding Company (EGAS).

EGAS Owed EGP 53 Billion By Electricity Ministry

Egyptian Natural Gas Holding Company’s (EGAS) dues from the Ministry of Electricity have significantly increased to amount to roughly EGP 53 billion in exchange for the gas that electricity generation stations obtain.

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.

Page 43 of 45

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