Petroleum, Electricity Ministries Agree on Gas Price for Power Plants

• Sunday, 26th May 2019
• by Sarah Samir

The Ministry of Petroleum along with the Ministry of Electricity agreed to sell natural gas for $3 per 1 million thermal units (mtu) in the budget plan of fiscal year (FY) 2019/20.

Egypt Pays $3.1/mtu for Gas from North Alexandria, WDDM Fields

• Wednesday, 2nd January 2019
• by Sarah Samir

The Egyptian General Petroleum Corporation (EGPC) pays $3.1 per 1 million thermal unit (mtu), which is the minimum price stated in the agreement with BP, from the North Alexandria and West Delta Deep Marine (WDDM) ...

Egypt Pays $5.8/1mBTU for Zohr Gas

• Thursday, 15th December 2016
• by Sarah Samir

Egypt buys Eni's equity gas from Zohr field for $5.8 per 1m thermal unit (BTU), according to the recent agreement in November 2016.