Egypt | Egypt Oil & Gas - Part 284

Badry Yamany Appointed Chairman of DAPETCO

Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new promotion.

Egyptian Cabinet Approves Amendments in Gas Law

The Egyptian Cabinet has approved amending some annexes in the natural gas law number 217 for year 1980 during the Cabinet’s meeting number 110.

Egypt’s Government Overseeing Gas Deal with Israel

The agreement between private companies to import natural gas from Israel will be subject to the Egyptian regulations governing natural gas imports.

Siemens Completes 20 Electricity Generating Units

Siemens is preparing to complete implementing the eighth electricity generating unit in Beni Suef plant and add it to the national grid within days.

Egypt to Pay $250 M Arrears to IOCs in March

The Egyptian government plans to repay $250 million in arrears to international oil companies (IOCs) in March 2018.

Petroleum Ministry Rejects Gas Price Reduction for Factories

Governmental sources reportedly rejected decreasing natural gas price for factories following natural gas self-sufficiency as the output will be used to cover local demands.

Four Sectors Consume 40% of Egypt’s Natural Gas Output

The industrial sector is the top consumer as it depends heavily on natural gas to operate most of projects.

EGAS to Import 3 LNG Cargoes

EGAS arranged importing three liquefied natural gas (LNG) shipments from France's Engie, to be delivered during the second quarter of 2018.

EGAS Offers Flexible Payment Terms on Natural Gas Supply Contracts

The Egyptian Natural Gas Holding Company (EGAS) approved amending certain terms in the contract between the company and manufacturers, regarding supplying natural gas to factories.

Diesel Consumption Exceeds 1.2 M Tons per Month

Egypt's consumption of diesel exceeded 1.2 million ton per month, across all the consuming sectors.

Page 284 of 460

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