egypt gas | Egypt Oil & Gas - Part 3

Egypt Gas Shareholders Approve Dividend Payouts

Egypt Gas's general assembly has authorized the company to pay out dividends of EGP 1 per share.

Egypt Gas, Enppi to Build Jordan Pipeline

Egypt Gas has signed a contract with Engineering for the Petroleum & Process Industries worth $13 million to build a 27km gas pipeline in northern Jordan.

Egypt Gas Profit Increases by 6% in 2017

Egypt Gas Company announced increasing profit by 6% Year-on-Year (Y.o.Y) to reach EGP 25.6 million in 2017, compared to EGP 24.14 million in 2016.

El Molla Issues New Promotions

The Egyptian Minister of Petroleum and Mineral Resources, Tare El Molla, issued new promotions and transfers.

Egypt Gas Signs EGP 66.9M Protocol with NUCA

Egypt Gas Company has signed a cooperation protocol worth EGP 66.9 million with Egypt's New Urban Communities Authority (NUCA).

Natural Gas Fees to Rise by EGP 800 per Household

Egyptian Natural Gas Holding Company (EGAS) approved a hike in natural gas fees.

Egypt Gas to Supply Fuel for New Airport

Egypt Gas Company is prepared to supply the fuel requirements of the airport at the New Administrative Capitol once it begins operations

Jordanian Operations to Comprise 5% of Egypt Gas Company’s Revenue

Egypt Gas Company expects proceeds from its expansion project in Jordan to reach 5% of its revenues by the end of 2018.

Egypt Gas to Establish Pipeline in Jordan

Egypt Gas in cooperation with Jordanian-Egyptian Fajr will build a gas pipeline to supply gas for iron and steel company.

Egypt Gas Lost EGP 50m

Egypt Gas Company has incurred total losses of EGP 50.4m for the first 9 months of 2016. This comes to over 14% increase when compared to EGP 43.9 losses for the same period during 2015. Egypt Gas Lost EGP 50m

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