Egypt’s Natural Gas Output Increases 19% YOY
Egypt’s natural gas output increased by 18.998% year-on-year (YOY), reaching 4.278 million tons in January 2019, up from the 3.595 million tons produced in January 2018.
Egypt | Egypt Oil & Gas - Part 225
Red Sea Bid Winners Permitted to Sell Production: Ganope
Ganope announced that the companies that have been awarded Red Sea 10 exploration blocks will have the right to sell its production shares locally or export it with the Ministry of Petroleum’s approval.
Egypt to Export Electricity to Syria, Iraq via Jordan
The Ministry of Electricity and Renewable Resources began meeting with Jordanian officials to boost the capacity of the interconnector from 450 MegaWatt (MW) to 1,000 MW.
Egypt Consumes 1.18 M Tons of Diesel Monthly
Diesel production in Egypt is estimated at 545,000 tons per month, which are produced from state owned and private owned refineries and covers parts of local market's demands.
South Disouq to Produce Gas by Mid-2019
South Disouq will sell its natural gas to the Egyptian Natural Gas Holding Company (EGAS) at a price of $2.85 per 1,000 cubic feet.
EPROM to be Supplier for Kuwaiti Refinery
The Egyptian company is negotiating with Libya's Sirte Oil Company to seal an agreement for operational support and services.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Egypt to Increase Natural Gas Production to 8 bcf/d
The country is implementing 19 projects to produce around 55,000 barrels of condensates, which will help in covering the local market's demands.
Petroleum Investments Record EGP 540 B in Five Years
Egypt saw a total of EGP 819 billion of investments from 2014 to 2020, of which 66% have been invested prior to December 2018 in 79 projects that cost EGP 540 billion.
Delek Drilling Seeks Acquiring Stakes in Egyptian Liquefaction Plants
The company wants to buy parts of either Idku or Damietta liquefaction facilities as a part of its deal with Egypt to liquefy gas and export it to global markets.
