import | Egypt Oil & Gas - Part 5
Egypt Approves Draft Law for the Egyptian Gas Regulatory Authority
The Egyptian cabinet approved in its weekly meeting several draft laws, including that of the gas regulatory, reported Egypt Oil & gas. The new draft law targets organizing the gas market, through setting rules an...
Zimbabwe Studies Emergency Power Imports
The Zimbabwean government is looking to import power from its neighbouring countries within the South African Development Community (SADC) region in 2016 to supplement local production, ESI Africa reported. Energy and...
Egypt Responsible for LNG Price Increase
Asian liquefied natural gas (LNG) prices for December delivery rose this week as traders and energy companies moved to fill slots awarded to Egypt recently, reported Egypt Independent. The price rose to $7.10 mmBtu, i...
Cyprus Proposes Connecting Aphrodite to Egypt’s Zohr
Cyprus Mail quoted Cypriot Energy Minister Giorgos Lakkotrypis recommending building a pipeline to connect Cyprus’ Aphrodite filed to Egypt’s newly-discovered Zohr gas field, instead of laying a pipeline straigh...
2nd FSRU to Reach Egypt in October
Khaled Abdel Badie, Chairman of the The Egyptian Natural Gas Holding Company (EGAS) confirmed that the second floating storage regasification unit (FSRU) will reach the Ain Sokhna port early October, reported Egypt O...
ADIB to Loan EGPC $100m
The Egyptian General Petroleum Corporation (EGPC) has requested a loan from Abu Dhabi Islamic Bank (ADIB) worth $100m to finance imported petroleum shipments, reported Daily News Egypt. According to an anonymous so...
Egypt to Begin Gas Imports from Cyprus by 2018
In an interview with Daily News Egypt, Sherif ismail announced that economic studies to import gas from the Aphrodite gas field in Cyprus are underway. This came after ENPPI completed all technical studies. “It ...
Kuwait Petroleum Corporation to Establish Office in Egypt
The Kuwait Petroleum Corporation (KPC) will establish an office in Egypt as part of an agreement, Tarek El Molla, CEO of the Egyptian General Petroleum Corporation (EGPC) told Egypt Daily News. With Egypt importing 1...
