Parliament Approves Egypt-Cyprus Gas Pipeline Agreement
The agreement was signed in Nicosia in September 2018 in order to facilitate natural gas delivery from Cyprus to Egypt's liquefaction plants in Idku and Damietta.
Egypt | Egypt Oil & Gas - Part 222
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Private Sector Companies Freeze Natural Gas Imports
Private sector companies stopped applying for natural gas import licenses as Egypt’s natural gas production grew to 6.8 bcf/d achieving self-sufficiency with surplus of exports.
MIDTAP Platform Receives 138 Shipments in 2018
The platform has made 4 million tons worth of petroleum trade movements in 2018, recording 52% increase from 2017.
Egypt Chooses CRCICA for Red Sea E&P Agreement Disputes
Companies will have to submit their offers maximum by August 1st, 2019. Meanwhile, the designated agreement will have certain terms and conditions.
Ganope Announces Red Sea Bid Rounds
The bid round will be open for 10 exploration blocks in Egypt's territorial waters in the Red Sea
Dana Gas, ADES-Vatage Sign Deepwater Agreement
Vantage's Tungsten Explorer drillship will be responsible for drilling a firm well, with an option to drill three more wells. The drilling program is planned to be completed in 77 days.
Egypt Produces 1.8 mmboe/d in February
Egypt has achieved highest production of crude oil and natural gas in its history during February 2019, producing 1.8 mmboe/d.
El Sisi Approves EBRD $200 M Loan to EGAS
The loan agreement was signed on December 27, 2017 by Egypt and EBRD to grant EGAS a $200 million loan.
Egypt’s Petroleum Transports Reach 147,131 Tonnes in FY 2016/17
Egypt transported a total of 147,131.3 tonnes of petroleum products during FY 2016/17 through different means, compared to 150,384.1 tonnes in the previous year.
