gas | Egypt Oil & Gas - Part 28
Nigeria Approves $2b Fuel Subsidy, NNPC Advocating Deregulation
Nigeria announced it had approved a $2b (N407.07b) fuel subsidy package, including payments to oil marketers for accrued arrears from the two fiscal years, 2014 and 2015.
Abu Bakr: EBRD to Finance GANOPE’s Projects
EGPC, EGAS, and GANOPE signed a letter of intent with the European Bank for Reconstruction and Development (EBRD) to finance a number of energy projects that the state is in need of, reported Egypt Oil & Gas.
Turkmenistan Launches $10b TAPI Gas Pipeline Construction
Turkmenistan has began construction works on a $10b natural gas pipeline project designed to provide up to 33bcm/year of gas from the Galkynysh gas field to Afghanistan, Pakistan and India (TAPI).
Nigeria to Launch Oil&Gas Exploration in Lake Chad Area
The New Nigeria Development Company (NNPC) owned by 19 northern state governments has disclosed plans to commence exploration of oil and gas in the Lake Chad area, in the North-East.
Admoc’s Study Recommends Environmentally Friendly Corrosion Inhibitors
Abu Dhabi Marine Operating Company (Admoc) has recommended the use of the Vapour Phase Corrosion Inhibitor (VpCI) for corrosion management of caisson legs, based on its recent study outcomes.
Qatargas Announced 50% Flaring Reduction Success at IPTC
Qatargas announced that it had successfully reduced flaring by more than 50 %, and was pursuing other initiatives to meet its CO2 emissions reduction goal of below 6,000mscf/year by 2017.
EGAS Notifies Factories of a 15% Gas Supply Cut
EGAS notified energy intensive factories that they must reduce consumption by 15% from the contracted quantity due to the current low pressure of gas in the National Grid
EGAS to Launch a New Bid Round for Mediterranean
The Egyptian Natural Gas Holding Company (EGAS) is preparing for a new bid round, to be completed by the end of Q4 2016, Daily News Egypt reports.
