Egypt | Egypt Oil & Gas - Part 207

Electricity Ministry Estimates Gas Demands at 4.4 bcf/d in Summer

The consumption of electricity-generating plants increased gradually to reach the current 3.4 bcf/d, compared to 3.3 bcf/d consumed in March.

Egypt Invests $11 B in Ain Sokhna Petrochemical Complex

The complex is considered to be the biggest petrochemical project in the Middle East with an investment cost of $10.8 billion.

Egypt Increases Gas Production to 6.9 bcf/d

Egypt's natural gas production increased by around 300 mmscf/d, reaching around 6.9 bcf/d.

Baltim Field to Add 500 mmscf/d of Natural Gas

Development projects as well as the field's completion will directly contribute to commencing the production from Baltim field by Q3 2019.

El Sewedy Electric to Build Substations in Port Said

The new turnkey contract is an EPC agreement with EGP 550 million of total value.

Eni to Add 3 Zohr Wells to Production

The company will complete drilling the field's 15th well in April, and with new wells being drilled and production starting by the end of May, the number of the natural gas producing wells will be boosted to 11.

Cypriot House Ratifies Natural Gas Pipeline Agreement with Egypt

The Cypriot House of Representatives approved the agreement between Egypt and Cyprus to establish a natural gas subsea pipeline between the two countries.

Petroleum Ministry Denies June’s Fuel Price Hikes

Any price changes would only be announced in official statements from the Egyptian Cabinet, according to the Ministry of Petroleum’s Spokesman, Hamdy Abdel Aziz.

El Dabaa Nuclear Plant Receives Site Permit

The Egyptian Nuclear Power Plants Authority (NPPA) obtained a site permit to construct El Dabaa nuclear power plant, said Amged el Wakil, head of the NPPA.

Dragon Oil to Acquire New Asset in Egypt

The newly acquired asset will add around 70,000 barrels per day (b/d) to the company’s production as it has the potential to produce 100,000 b/d.

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