Egypt | Egypt Oil & Gas - Part 446

Egypt Buys 483,000 Tonnes Gasoil for February

EGPC bought up to 483,000 tonnes of gasoil for delivery in February.

Egypt: $2.2 Billion Tender Awarded to 4 Foreign LNG Firms

Egypt's state gas board has awarded a $2.2 billion tender to import 75 cargoes of liquefied natural gas (LNG) to four international firms,

Egypt Cancels Iraq’s Debts for Oil Shares

Reports revealed that the Egyptian and Iraqi governments have reached the proposal on the Iraqi debt to be canceled in exchange for shares of oil.

UAE, Egypt and Saudi Lead Renewables Demand

The UAE and Egypt are expected to account for the highest demand for renewable energy in the region this year, according to Luc Grare, senior vice president of sales and marketing at REC Group, a global provider of s ...

Japan to Provide $360 Million Financial Support for Egypt’s Energy Sector

Japan will provide the Egypt with $360m financial support in the energy sector, marking the development of the relations between both countries.

LNG Import Cost Dropping As A Result of Falling Oil Prices

The cost of importing LNG to Egypt will decrease $0.5 billion annually to $2 billion as a result of the drop in international oil prices, according to Khaled Abdel Badie, the chairman of state-run Egyptian Natural Ga ...

Eni Signs Two New Concession Agreements

Eni has signed two concession agreements for the North Leil and Karawan blocks offshore Egypt as a result of the EGAS 2013 bid round.

Eng. Ismail: Egypt Is Open to Importing Gas from Israel

Egypt is open to importing gas from Israel, its oil minister said in state-owned media on Wednesday, another sign that it may lean on its neighbour to help tackle its energy troubles.

Electricity Ministry to Add 3,600MW in Summer

The Ministry of Electricity plans to add 3,600MW of electrical energy next summer to overcome growing electricity consumption, according to Electricity Minister Mohamed Hamed Shaker.

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.

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