Self-Sufficiency Must be Achieved Before Gas Exports Can Begin: El Molla
Egypt will begin exporting natural gas after it has achieved self-sufficiency, Minister of Petroleum Tarek El Molla has said.
Egypt will begin exporting natural gas after it has achieved self-sufficiency, Minister of Petroleum Tarek El Molla has said.
Companies approved by the Egyptian Natural Gas Holding Company (EGAS) to import natural gas must obtain approvals from the Gas Market Regulatory Authority (GMRA), Minister of Petroleum Tarek El Molla has said.
Egypt has signed 63 petroleum agreements over the past four years with around $14 billion of investment.
The Ministry of Petroleum will open bidding for exploration and production (E&P) contracts in the Red Sea within the coming two weeks.
Egypt's Constitutional Committee authorized the Egypt-Cyprus agreement to establish a natural gas subsea pipeline on December 9.
The Ministry of Finance has canceled plans to purchase fuel hedging contracts from international financial institutions.
Egypt has approved the sale of a 25% stake in Eni's offshore exploratory Noor concession to BP.
The Egyptian Company for Energy & Cooling Projects (Gas Cool) has signed a deal with Administrative Capital for Urban Development (ACUD) to establish the first and largest central cooling plant for the new adminis ...
Eni plans to start drilling the tenth well at the Zohr natural gas field during January 2019 at a cost of $300 million.
Minister of Petroleum Tarek El Molla met with the head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, and the head of the Alexandria Petroleum Company (APC), Medhat Bahgat, to discuss a r ...