Egypt | Egypt Oil & Gas - Part 324

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.

Egypt Launches Tender for 12 LNG Cargoes

The Egyptian Natural Gas Holding Company (EGAS) launched a tender to buy 12 shipments of liquefied natural gas (LNG) to be delivered during the first quarter of 2018.

Shell Lubricants Hosts Conference

Shell Lubricants Egypt hosted a two-day conference to discuss the challenges facing the construction sector.

Egypt Spends $2.4B on LNG in FY 2016/2017

The Ministry of Petroleum and Mineral Resources spent between $2.2 billion and $2.4 billion on liquefied natural gas (LNG) imports during fiscal year (FY) 2016/2017.

Egyptian Firms Participate in KOGS 2017

A number of Egyptian firms participated in the Kuwait Oil & Gas Show and Conference (KOGS 2017).

Egypt Looks to Renew Financing Deal

Egypt will likely renew its deal with a global banking consortium for another year to strengthen its foreign reserves and to permit the government to implement economic reforms.

Solar Sector Attracts $1.8B in Investments

Egypt’s solar energy sector has garnered $1.8 billion in investments.

Egypt Receives Last Shipment of Iraqi Crude

Egypt expected to receive its last shipment of Iraqi crude oil—under April’s import agreement with Iraq—on October 17th.

NREA to Establish BOO Wind Farm

The New and Renewable Energy Authority (NREA) will work with Abu Dhabi Future Energy Company (Masdar) to build a wind farm, using the build, own, operate (BOO) framework.

Page 324 of 467

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