Exports | Egypt Oil & Gas - Part 6
Electricity Rationalization Efforts Save More Natural Gas for Export
In a meeting to follow up on the progress of measures to rationalize electricity consumption, Minister of Petroleum and Mineral Resources Tarek El Molla praised the decision, asserting that it has contributed to savin...
El Molla: Egypt Targets Oil, Gas Investments of Up to $8B in 2022/23
Minister of Petroleum and Mineral Resources Tarek El Molla declared that Egypt seeks to achieve between $7.7 billion to $8 billion in oil and gas sector investments during fiscal year (FY) 2022/23, Bloomberg Alsharq r...
Russia’s Economy Ministry Expects $337.5B in Energy Export Revenue
According to a document from the Russian economy ministry, higher gas export volumes coupled with increasing gas prices will increase Russia’s energy export revenue to $337.5 billion this year, up 38% from 2021,...
Egypt Aims to Boost Natural Gas Exports by Rationalizing Electricity Consumption
Prime Minister Mostafa Madbouly held a meeting to follow up on the executive steps to activate electricity rationalization procedures with the aim of exploiting the gas that is pumped into power stations, exporting it...
Egypt’s Gas Export Revenues Reach $3.892 B in First Four Months of 2022
Egypt’s natural gas and liquefied natural gas (LNG) export revenues increased by 98% to reach $3.892 billion in the first four months of 2022, Reuters reported. The country exported natural gas worth $3.959 bill...
Egypt’s Oil Trade Balance Achieves $2.1 billion Surplus in July-December 2021/22
Egypt’s oil trade balance recorded a surplus of $2.1 billion, during the period from July to December of fiscal year (FY) 2021/22, compared to a deficit of $54.2 million a year earlier, according to the Central ... El Molla: Egypt to Ramp Up LNG Exports to Europe in Upcoming Period
In an interview with Al- Sharq, Minister of Petroleum and Mineral Resources Tarek El Molla disclosed plans with the East Mediterranean countries to increase liquefied natural gas (LNG) exports to Europe during the upc...
ADNOC to Build New LNG Plant to Expand ExportsÂ
Abu Dhabi National Oil Co. (ADNOC) announced that it plans to build a new liquefied natural gas plant to raise its exports amid surging demand. The plant will be built at Fujairah on the United Arab Emirates (UAE) ’ c...
