EGAS | Egypt Oil & Gas - Part 43

Egypt’s Gas Consumption Rises to 1,765 BCF

Vice Chairman for Operations & Natural Gas Grids told Egypt Oil & Gas (EOG) that natural gas local consumption increased during 2014/2015 to reach 1,765 BCF (average 5,000 MMSCFD). While Egypt’s Natural Gas da...

Independent Gas Regulator Plan Released for Egypt

Al-Borsa newspaper was able to get hold of the summary of the project for setting up an independent gas regulator in Egypt, put together by the European Union’s Technical Assistance for the Reform of Energy Sect...

EGAS Technical Committee Evaluating IOC Bids for Mediterranean

The Egyptian Natural Gas Holding Company (EGAS) has announced the closing of its  2015 International Bid Round, where the Technical Committee has now begun evaluating bids, reported Egypt Oil & Gas. According to s...

Egypt Gas Company Records Losses of EGP 48.6m

State owned Egypt Gas company, an affiliate of the Egyptian Natural Gas Holding Company (EGAS), recorded losses of EGP 48.6m ($6.2m) during the first 6 months of 2015, in comparison to the recorded profits of EGP 25.2...

UPDATE: BW Gas Finalizes Deal to Provide Egypt with Second FRSU

UPDATE: On Monday, EGAS Chairman Khaled Abdel Badie and BW Gas CEO Carsten Mortensen signed the contract for Egypt’s second FRSU, the Cairo Post reported. Minister of Petroleum Sherif Ismail was in attendance at...

BW Strikes a Deal to Provide Egypt with its Second FRSU

Norway-based BW Gas will provide Egypt with a liquefied natural gas (LNG) floating import terminal under a five-year contract, an official at state company EGAS told Reuters on Monday, as the government grapples with ...

EGAS to Provide More Gas for Power Generation

Various areas have witnessed power outages over the last few days, despite the 1,200 MW surplus in electricity production, and the pumping of approximately 133m cubic metres of gas and oil equivalent daily by the Egyp...

EGAS Finalizes Evaluation of Bids for 2nd FSRU

The Egyptian Natural Gas Holding Company (EGAS) has completed the technical and financial evaluation of the offers from companies applying for the tender to supply the second gasification ship. The committee settled o...

Deadline for Egypt’s 2nd LNG Tender End of July

The Egyptian Natural Gas Holding Company (EGAS) issued a second international bid for foreign companies to supply 45 liquefied natural gas (LNG) shipments until the end of 2016. The deadline for receiving offers will ...

EGAS Will Raise Gas Prices Paid to Eni and Edison

Egypt has raised the prices it pays Eni and Edison for the natural gas they produce in the country, an official with state-owned gas company EGAS said on Sunday. The agreements mark the latest move by Egyptian authori...

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