gas | Egypt Oil & Gas - Part 34

Nigeria’s $20b Gas Pipeline Project Stalls, Fund Shortage

The $20 billion Trans-Saharan gas pipeline project through which Nigeria will transport natural gas to Europe is stalled over shortage of funds.

Zohr Improves Egypt’s Worldwide Ranking

A source at the Petroleum Ministry told Egypt Oil & Gas that Eni's recent giant gas discovery "Zohr", with 30 tcf of gas reserves, will raise Egypt's worldwide petroleum ranking to 12 instead of 18, reported Egypt Oi ...

Gas Exploration in Mozambique will Require $31b in Investment

According to the president of Mozambique's national oil and gas company (ENH), oil companies operating in the country will need to invest $31b over the next few years to begin exploration of the natural gas reserves ...

Egypt to Rent 3rd FSRU By 2017

Reuters reported that Egypt is planning to rent a third floating storage and regasification unit (FSRU) late 2016 or early in 2017, in an effort to deal with gas shortage.

North Alexandria Concession to Begin Production Early 2017

Egypt Oil & gas learned that British Petroleum (BP) will begin production at its North Alexandria concession early 2017, rather than mid-2017, as originally planned.

Khaled Abdel Badie: Egypt Will Not Obtain a 4th FSRU

Khaled Abdel Badie, Chairman of EGAS, explained that while originally Egypt planned to rent a fourth Fuel Storage and Regasification Unit (FSRU), the Shorouk discovery has deemed the move unnecessary, reported Egypt ...

Tarek El Molla: Egypt to Issue New Bid Rounds Soon

Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry plans to issue several bid rounds for exploration throughout the year, by EGAS, EGPC, and Ganoub El Wadi petroleum holding company, ...

Tarek El Molla: Egypt to Continue Gas Imports for 5 Years

Tarel El Molla, Minister of Petroleum and Mineral Resources, said that that petroleum sector continues importing natural gas for the coming 5 years to meet the needs of electricity, and the local market, reported Egy ...

Russia’s Rosneft to Supply Egypt

The Egyptian government has agreed to import petroleum products from major Russian oil companies, reported Russia T ...

Apache Finalizes Studies on Obayyed Shale Gas Reserves

Apache has completed the necessary studies to research and explore shale gas in the Obayyed field in the Western Desert for the first time in Egypt, reported Egypt Daily News.

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