Egypt | Egypt Oil & Gas - Part 454
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.
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.
