Egypt | Egypt Oil & Gas - Part 386
EGAS Granted Gas Importing Licenses
EGAS granted four companies preliminary approvals on their requests to import natural gas privately and pump it through the national grid
New Gas Law Presented to the Parliament
Egypt’s government on proposed a new draft law to the parliament to open natural gas sector to private investors
Egyptian Firms Increase Gas Production
Pharaonic Petroleum Company and North of Sinai Petroleum Company (NOSPCO) increase natural gas production.
Eni’s Zohr, BP’s Atoll Aim for Production in 2017, 2018
UK's BP and Italian Eni will aim their development plans for both Atoll field and Zohr field in Egypt at production in 2017.
Egypt Pays $5.8/1mBTU for Zohr Gas
Egypt buys Eni's equity gas from Zohr field for $5.8 per 1m thermal unit (BTU), according to the recent agreement in November 2016.
Egypt Stockpiled on Petroleum Reserves
Egypt's strategic reserves of butane is enough to cover consumption of a 15-day period, while that of benzene and diesel covers a 10-day duration.
EGPC to Launch Fuel Tender
Egyptian General Petroleum Corporation (EGPC) is launching a tender to receive 700,000 tons of benzene, diesel and mazut.
Bapetco to Link BTE-2 Output to Gas Plant
Badr El Din Petroleum (Bapetco) is in talks with its foreign partner Royal Dutch Shell on linking production for a new discovery at North Alam El Shawish concession, BTE-2 well, to Badr-3 gas process facilities.
