Egypt’s Butane Imports Increase 19% Y.o.Y
Egypt’s butane imports increased 19% year-on-year between January 2017 and January 2018.
Egypt | Egypt Oil & Gas - Part 276
Egypt’s Consumption of Petroleum Products Falls 11.76% Y.o.Y
Egypt’s consumption of petroleum products fell from 3.282 million tons in January 2017 to 2.896 million tons in January 2018, a 11.76% year-on-year decrease.
Egyptian Natural Gas Output Increases 28% Y.o.Y
Egyptian natural gas output increased 28.45% year-on-year, reaching 3.595 million tons in January 2018 compared to 2.799 million tons in January 2017.
ADES Announces 17.5% Annual Revenue Growth
The Advanced Energy Systems company has announced revenues of $157.6 million in 2017, a 17.5% year-on-year increase from 2016.
Schneider Electric Values Work in Zohr Field at $73.88 M
Schneider Electric announced that its work in the first phase of Egypt’s natural gas field amounted to around $73.88 million as the company supplied the main equipment of the wells.
Electricity Loads Remain Stable
The Egyptian Ministry of Electricity and Renewable Energy has said that the improvement of temperature has helped to stabilize the electrical loads on the country's national grid.
Egyptian Natural Gas Production Reaches 5.4 bcf/d in February
Egypt’s total natural gas production reached around 5.4 billion cubic feet per day (bcf/d) in February 2018, a source in the oil and gas sector has revealed.
Enppi, MIDOR among 23 Companies to be Listed on EGX
The Egyptian government has announced the names of 23 state-owned firms to be listed for initial public offering (IPO) on the Egyptian Exchange (EGX).
AMOC Agrees Financing for Refinery Project
The Alexandria Mineral Oils Company (AMOC) has reached an agreement with five financial organisations to fund its $500 million refinery project.
Petroleum Sector to Start Natural Gas Drilling Operations at West Delta 9B Phase
The Egyptian oil and natural gas sector will start drilling operations at the 9B phase of the West Nile Delta deepwater concession in the Mediterranean Sea in April 2018, for producing natural gas.
