Egypt | Egypt Oil & Gas - Part 413

Dana Gas: Oil Prices May Delay Debt Payments

UAE-based Dana Gas revealed on Wednesday that it could delay the schedule of receiving the owed debt by the Egyptian government, due to the international decline in oil prices.

Butane Gas Crisis Is A Result of Weather Conditions: President Sisi

President Abdel-Fattah El-Sisi stated that the current butane gas shortage crisis in Egypt was caused by the wintery weather conditions that delayed the butane shipments to Egypt.

Gazprom to Provide Egypt 35 LNG Shipments Over Five Years

Petroleum Minister Sherif Ismail announced Tuesday an initial agreement has been made with Russia’s Gazprom to supply around 35 shipments of liquefied natural gas (LNG) over the next five years.

GE Willing to Participate in Renewable Energy Plant

General Electric (GE) has expressed its willingness to participate in constructing new and renewable energy plants in Egypt, the GE Vice President said according to a Monday cabinet press release.

35% Savings on Petroleum Subsidies Due to Oil Prices Decline

Savings on petroleum product subsidies will reach an estimated 35% of the current value of EGP 100 billion for the FY 2014/2015 budget if current oil prices continue as is, Minister of Petroleum Sherif Ismail said.

Egypt to Reach LNG Agreement with Gazprom This Month

Egypt and Russia's Gazprom are to reach an agreement for the company to supply LNG shipments later this month, Egyptian Oil Minister Sharif Ismail told Reuters.

Access Pre-qualifies to Develop Wind and Solar Power Plants

Access Infra Africa ('Access'), a wholly owned subsidiary of Access Power MEA, and its consortium partner Eren, a leading global investor in power projects, have been pre-qualified by Egypt's Ministry of Electricity ...

Kuwait Energy Completes Testing Al Jahraa-3

Kuwait Energy has completed testing at the Al Jahraa-3 oil appraisal well in the Abu Sennan Concession onshore Egypt, with the well cased and completed as an Abu Roash “C” member oil producer.

Transport Ministry and Suez Canal Authority Refuse to allocate Port Said Pier for LNG Boat

A senior Ministry of Petroleum official said the Ministry of Transportation and Suez Canal Authority refused to allocate a pier at Port Said to receive a second regasification boat. The boat would allow shipments of ...

Egypt Signs Six New Exploration Agreements

The Petroleum Ministry said that it signed oil and gas exploration agreements in the Western Desert and Gulf of Suez.

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