Lebanon Seeks to Re-import Egyptian Natural Gas
Egypt and Lebanon agree on revising the operational, economic, and commercial annexes in light of the 2009 contract between the two countries.
Egypt and Lebanon agree on revising the operational, economic, and commercial annexes in light of the 2009 contract between the two countries.
Petrobel awarded a contract for Shelf Drilling's jack-up rigs to operate in the Gulf of Suez.
The 11 E&P projects in the oil and gas field will be located in the deep waters of the Mediterranean Sea, the Gulf of Suez, Delta and the Western Desert.
Egypt linked 29,000 households per week to the national grid during January 2019 and aims to reach 600,000 households by the end of February 2019.
Egypt is carrying out six refining mega projects with $9 billion investments as a part of the oil and gas sector's Modernization Project.
The gas field's production increased around four times, reaching 3.1 bcm in the second half of 2018, compared to the first half's output.
The event will be held with the support of Minister of Petroleum, Tarek El Molla, and is expected to cover all value chain trends.
Egyptian electricity production increased by 5.7% YOY in October 2018, recording 16.7 MWh compared to 15.8 MWh in October 2017.
Egypt exported petroleum products for $3.1 billion within a year, of which $0.5 billion came from fueling ships and planes.
Egypt’s diesel consumption fell by 12.54% YOY in October 2018, recording 1.039 million tons down from 1.188 million tons in November 2017.