gas | Egypt Oil & Gas - Part 69

Dana Gas: Oil Prices May Delay Debt Payments

UAE-based Dana Gas revealed on Wednesday that it could delay the schedule of receiving the owed debt by the Egyptian government, due to the international decline in oil prices.

Gazprom to Provide Egypt 35 LNG Shipments Over Five Years

Petroleum Minister Sherif Ismail announced Tuesday an initial agreement has been made with Russia’s Gazprom to supply around 35 shipments of liquefied natural gas (LNG) over the next five years.

GPC Invites E&P Companies to New Bid Round in South Sinai

The General Petroleum Company (GPC) invites companies in the of oil and gas exploration and production (E&P) field to submit offers for undertaking E&P services in GPC concession area in South Sinai; in order to max ...

Gas Supplies to Cement Factories Replaced with fuel Oil

A senior Egyptian Natural Gas Holding Company (EGAS) official said the Egyptian General Petroleum Corporation (EGPC) has been informed of measures to be taken for cement factories’ fuel oil needs in 2015.

Eni Signs New Concession Agreement in The Western Desert

Italy's Eni has signed a new concession agreement to operate in the South-West Melehia block in the Western Desert of Egypt, as Cairo continues to look to international operators to boost its flagging production.

Transport Ministry and Suez Canal Authority Refuse to allocate Port Said Pier for LNG Boat

A senior Ministry of Petroleum official said the Ministry of Transportation and Suez Canal Authority refused to allocate a pier at Port Said to receive a second regasification boat. The boat would allow shipments of ...

Egypt Signs Six New Exploration Agreements

The Petroleum Ministry said that it signed oil and gas exploration agreements in the Western Desert and Gulf of Suez.

New Era for Australia with Departure of First LNG Tanker from Queensland

The departure yesterday of the first liquefied natural gas (LNG) tanker from Queensland’s Gladstone Harbor marks the start of Australia’s dramatic transition to being the world’s largest supplier of the critically im ...

Electricity Sector’s Debts Repayment to Petroleum Ministry Scheduled

Egypt's Petroleum and Electricity Ministries have reached an agreement to reschedule debts owed to the Ministry of Petroleum by the electricity sector in the upcoming months. The debts have reached EGP 44 billion.

Eni Brings Congo’s Nene into Production

Italian energy company Eni announced it brought the Nene Marine field into production off the coast of the Republic of the Congo, 16 months after discovery.

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