gas | Egypt Oil & Gas - Part 41

Eni to Start Development of Shorouk Block in January

Development operations in the natural gas field off the country’s Mediterranean coast will start in January 2016, said Lapo Pistelli, V-P of the Italian company.

OVL Buys Stake in Massive Russian Field

Indian firm OVL is buying a 15% stake in the massive Siberian oil field in Russia’s far East, Dispatch Times reported ...

Iran Targets Bangladesh with ‘Peace Pipeline’ and Energy Projects

Tehran’s Ambassador to Bangladesh, Abbas Vaezi, announced that Iran is ready to talk about extending its Iran-Pakistan-India “peace pipeline” to include Bangladesh

Eni’s Gas Discovery May Be Double Initial Estimates

Sources at EGAS told Egypt Oil & Gas (EOG) that according to the seismic data of Eni's massive Zouhr discovery, the potential reservoir is estimated at 60 TCF, rather than 30 TCF. Accurate estimates of the full res ...

Petroleum Minister: New Discovery Not to Affect Israeli Gas Imports

Sherif Ismail, the Egyptian Petroleum minister saying that the discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel.

Gazprom Reports High Sales in Europe

The Russian gas giant Gazprom posted higher-than-normal sales for the first half of the year,

Algeria to Raise Gas Output by 13% by 2019

Algeria plans to increase natural gas output by 13% by 2019 to reverse a decline in energy production in recent years that has hit its export earnings and spending policy, the energy ministry said

Mozambique Attracting Oil, Gas, LNG Investments from Far and Wide

South Africa's Sasol Ltd. has a two-pronged strategy on behalf of Mozambique, it seems.

Consortium of Iranian, Korean and Indian Firms to Build Energy Park

Trade Arabia reported that a group of Iranian, Indian and South Korean companies plan to establish an energy park in Iran’s Khuzestan province

EGAS Chairman: Egypt will Close the Gas Consumption, Production Gap by 2018

In exclusive statements made to Al-Borsa, EGAS Chairman Khaled Abdel Badie, said that Eni's new discovery will definitely contribute towards balancing Egypt's gas production and consumption by 2018, once combined wi ...

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