gas | Egypt Oil & Gas - Part 20
Germany’s E.ON Propped Up Profits Thanks to Gazprom Deal
E.ON, Germany's largest utility, reported an 8% rise in first-quarter core earnings, after the group secured better gas prices from Russian supplier Gazprom.
Nigeria Lifts Gas Subsidy, Fuel Nearly Doubles Price
Nigeria's government announced it is lifting a controversial subsidy on gas, nearly doubling the price amid a massive fuel shortage and militant attacks on oil installations in Africa's biggest petroleum producer.
Pakistan, Italy Likely to Sign LNG Supply Deal
Pakistan and Italy are likely to sign a government-to-government deal for the supply of liquefied natural gas (LNG), as Italian firm Eni has offered to provide gas to Pakistan, according to officials familiar with th ...
Export of Gas to Iraq, Iran’s Top Priority
Export of gas to Iraq is Iran’s top priority, according to the Director of National Iranian Gas Company for Planning, Mohammad Reza Qodsizadeh, who added that completing the Iran-Iraq gas project by next Iranian cale ...
Angola Discovers More Gas In the Sea
The US company Cobalt International has made a “significant” discovery of condensates and natural gas in the Zalophus # 1 well in Block 20 in the Angolan sea. The exploitation would yield 2mbp/d for three years.
Iran and Oman to Establish a Marketing LNG Firm
Iran and Oman plan to establish a joint company to market liquefied natural gas (LNG). It is expected to be registered in Oman, and will have the sole responsibility of market natural gas to other parts of the world.
EDF Among Bidders for Galp’s Gas Distribution Unit
Portugal's Galp Energia has asked French EDF's investment arm, and other infrastructure funds to submit tentative bids for a 49% stake in its gas distribution business.
Iran’s Condensate Exports Reach 2.45mb/d
Iranian Oil Minister, Bijan Zangeneh, stated that Iran's oil and gas condensate exports have reached 2.45mb/d.
