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.
Egypt | Egypt Oil & Gas - Part 291
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.
Petroleum Ministry Settles Disagreements between Firms
The Ministry of Petroleum and Mineral Resources is trying to approximate points of views between EGPC, EGAS and holding companies, and Taqa Gas Group.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators on one page, for your convenience.
Kuwait Energy Announces Oil Discovery in Egypt
Kuwait Energy Company announced an oil discovery in the Area A concession, located in Egypt's Eastern Desert.
Cabinet Issues Gas Law Executive Regulations
Egypt's Prime Minister, Sherif Ismail, has issued the executive regulations of the natural gas meet regulating law number 196 for year 2017.
BP Starts Production from Atoll Field
UK's BP announced starting production of natural gas from the first phase of Egypt's Atoll field, located offshore Egypt.
