EMG
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EGPC Files Arbitration Case in Israel Gas Dispute
Monday, 7th May 2012
Egyptian General Petroleum Corp. and Egyptian Natural Gas Holding Co. filed a request for arbitration against East Mediterranean Gas Co. over a deal to supply natural gas to Israel, EGPC's chairman said. -
EMG shareholders sue Egypt over treaty violations
Sunday, 6th May 2012
International shareholders in East Mediterranean Gas (EMG), the company that oversaw the now defunct Egyptian-Israeli natural gas deal, said on Thursday they were suing the government of Egypt for violating three bilateral investment treaties. -
Egypt cancels gas deal with Israel
Monday, 23rd April 2012
Egyptian energy companies, citing a trade dispute, have terminated a deal to supply Israel with natural gas in a step that may further erode bilateral ties strained by a popular revolt that toppled Egypt's pro-Israeli leader last year. -
Egypt reviews re-start of gas exports to Israel
Thursday, 2nd June 2011
Egypt is reviewing the timetable for resuming gas exports to Israel and wants to negotiate more flexible contracts with foreign gas buyers, the Egyptian oil minister said. -
Israel rejects amendments to price of Egyptian gas
Monday, 23rd May 2011
Egypt's Minister of Petroleum, Abdallah Ghorab, has highlighted a difficulty in the negotiations due to start within days to amend the prices for the country's natural gas exports to Israel. -
Egypt to revise all foreign gas deals
Thursday, 14th April 2011
Egypt's prime minister has asked for the revision off all contracts to supply gas abroad, including to Israel, the official news agency MENA reported. -
Egypt to invest $ 1.7 billion in power generation
Wednesday, 13th April 2011
Egyptian Minister of Electricity and Energy, Dr. Hassan Younis has allocated $ 1.7 billion (EGP 10 billion) to generate an additional 2,680 megawatts of electricity to meet high summer demand. -
EMG: Egypt should honor Israel natgas deal
Tuesday, 22nd March 2011
East Mediterranean Gas (EMG), which supplies Egyptian natural gas to Israel and other Middle East countries, does not see any justification for amending the terms of its contract with the Egyptian government to negotiate a higher price, said an EMG stakeholder. -
Natural gas from Egypt to Israel resumes
Wednesday, 16th March 2011
The supply of natural gas from Egypt to Israel has resumed after a number of delays, said an Israeli partner in the East Mediterranean Gas (EMG) consortium. -
Israel relieved as Egypt resumes limited gas supply
Wednesday, 16th March 2011
Ampal-American Israel Corporation, which holds 12.5 per cent of the East Mediterranean Gas Company (EMG) that owns the pipeline, said the initial supply would be less than normal but would be ramped up 'on a daily basis' to reach the full supply.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.12 | +1.35% |
Crude Oil (Brent) Brent | USD/bbl | 63.78 | +1.32% |
NYMEX Natural Gas | USD/MMBtu | 2.58 | +2.26% |
OPEC Basket Price | USD/bbl | 61.22 | +0.89% |
Last Modified April 12, 2021