EGAS | Egypt Oil & Gas - Part 44

EGAS Stops Gas Supply to 78% of Fertilizer Factories During Ramadan

The Egyptian Natural Gas Holding Company (EGAS) suspended gas supply pumping to 80% of fertilizer plants of dense fuel consumption in Egypt. This step was taken due to the increase in the power stations’ fuel consumpt...

EGAS Signs Deal with Norwegian’s PGS to Conduct Largest Mediterranean Seismec Project

Egypt’s state-owned gas company EGAS will carry out the largest seismic oil and gas exploration project in the Mediterranean, seeking data that could attract global exploration companies, it said. EGAS said it has sig...

Egypt’s National Cement Factory Owes EGP 1Bn to EGAS

The Egyptian Natural Gas Holding Company’s (EGAS) dues from the government-owned National Cement Factory has reached EGP 1bn. EGAS demanded its money to be paid back but it is still not decided when it will rece...

Pumping Gas to Fertilizer Factories a Priority for EGAS

The Egyptian Natural Gas Holding Company (EGAS) agreed with the Ministry of Agriculture to prioritize supplying natural gas in the summer months to fertilizer factories that feed the local market. An official at EGAS ...

Egypt Secures 135 mcf of Gas for Expected Hike in Summer Electricity Demand

The ministers of petroleum and electricity agreed to pump approximately 135 mcm of gas, fuel oil and diesel daily for power stations over the following summer months. A senior official at the Egyptian Gas Holding Comp...

Egypt to Extend Mediterranean Gas Exploration Tender

Egypt has extended its tender for natural gas exploration in the Mediterranean Sea by two months with the addition of four new blocks, the state gas board said on Tuesday, as the country seeks to boost domestic energy...

EGAS Goes to Finance Ministry to Purchase LNG

The Egyptian Natural Gas Holding Company (EGAS) has said it requested EGP30 billion from the Finance Ministry for the 2015-2016 fiscal year to finance the purchase of liquefied natural gas. EGAS said it made the reque...

Egypt’s Private Sector Allowed to Import Gas

Egypt has given the private sector a green light to import natural gas or liquefied natural gas (LNG), a government official said, a step that could encourage private investment in the energy sector while easing energ...

No Bidders for Egypt’s Second LNG Floating Terminal

Egypt has not received any responses to a tender for its proposed second LNG terminal and is struggling to find a suitable port. Egyptian Natural Gas Holding Co. (EGAS) Chairman Khaled Abdel Badie said last week a fiv...

Press Release: Egypt’s Oil Sector Gathers to Discuss Production Optimization

Egypt Oil & Gas is pleased to announce the largest oil and gas event of the year, the Production Optimization Convention—hosted from May 10 through May 13. The purpose of the four-day convention is to bring togeth...

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