The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the Egyptian General Petroleum Corporation (EGPC), and the Egyptian Natural Gas Holding Company (EGAS) will offer onshore and offshore exploration blocks including the Mediterranean, Delta, as well as the Western and Eastern Desert for bids from energy companies within the next two weeks, according to an interview of Gulf Intelligence with the minister.

Svitzer, a leading provider of marine services, extended its ongoing contract with the Egyptian liquefied natural gas (LNG) Idku plant for five years.

The Ministry of Petroleum and Mineral Resources plans to boost petroleum exports to $8.5 billion by the end of fiscal year (FY) 2019/20, up from $7.7 billion in the previous FY.

The Egyptian Natural Gas Holding Company (EGAS) plans to boost its liquefied natural gas (LNG) exports through Idku liquefication plant in November.

Egyptian Natural Gas Holding Company (EGAS) has offered six liquefied natural gas (LNG) cargoes for loading from the Idku plant during the period between October to November 2019. Reuters quoted two industry sources as saying.

Egyptian Natural Gas Holding Company (EGAS) offered three Liquified Natural Gas (LNG) cargoes for shipment from Idku gas liquefaction plant in September.

The Ministry of Petroleum has allowed Eni and BP to export natural gas produced from Zohr and North Alexandria through the Idku Liquefaction Plant, after meeting the local market needs.

Egypt’s liquefied natural gas (LNG) exports via the Idku liquefaction plant have increased by 73.3% since November to reach 520 million standard cubic feet per day (mmscf/d).

Royal Dutch Shell is currently exporting 300 million standard cubic feet per day (mmscf/d) from its production share in Burullus and Rosetta fields, via the Idku liquefaction plant.