Egypt | Egypt Oil & Gas - Part 316

Bechtel Looks to Step Up Activity in Egypt

Bechtel is interested in increasing its investments in Egypt’s oil and gas sector, the company’s CEO, Brendan Bechtel, said during a meeting with the Egyptian officials.

EGAS Extends Deadline for LNG Tender

The Egyptian Natural Gas Holding Company (EGAS) is extending the timeline for its liquefied natural gas (LNG) tender by two days.

Abu Qir Production Hits 66 bcf of Natural Gas, 1.2M Barrels Crude

Abu Qir Petroleum Company produced 66 billion cubic feet (bcf) of natural gas and 1.2 million barrels of crude oil and condensates during fiscal year (FY) 2016/2017.

Natural Gas Fees to Rise by EGP 800 per Household

Egyptian Natural Gas Holding Company (EGAS) approved a hike in natural gas fees.

Apex Invests $46M in Western Desert

Apex International Energy is investing approximately $46 million in its concessions in the Western Desert.

Egypt to Increase Natural Gas Production by 1.4 bcf/d

The Egyptian Natural Gas Holding Company (EGAS) plans to increase natural gas production by around 27%, or 1.4 billion cubic feet per day (bcf/d), to reach 6.5 bcf/d by June 2018.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.

El Molla Invited to Attend Global Petroleum Show

The Canadian ambassador invited the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, to attend the Global Petroleum Show in Canada next year

Egypt Consumes 6 bcf/d of Natural Gas

Egypt is currently consuming around 6 billion cubic feet per day (bcf/d) of natural gas.

Rosneft Weighing Additional 5% Stake in Zohr

Rosneft is considering the purchase of an additional 5% stake in the Zohr gas field.

Page 316 of 459

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