Qatar Consumed 40% More Natural Gas

• Tuesday, 27th September 2016
• by Egypt Oil & Gas

Qatar, the largest exporter of natural gas in the world, has witnessed a steep rise of 40% in its gas consumption over the last five years, Reuters reported. According to BP Statistical Review of World Energy 2016 rep...

Egypt’s Foreign Debt to IOCs Drops to $3.2b

• Tuesday, 2nd August 2016
• by Egypt Oil & Gas

The Egyptian government has decreased the sector’s foreign debt to $3.2b, down from $3.4b, an official from the Egyptian Ministry of Petroleum informed Egypt Oil&Gas. In an effort to enhance domestic production, E...

EGAS Goes to Finance Ministry to Purchase LNG

• Tuesday, 26th May 2015
• by Egypt Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) has said it requested EGP30 billion from the Finance Ministry for the 2015-2016 fiscal year to finance the purchase of liquefied natural gas. EGAS said it made the reque...

EGPC Put In Charge of Future LNG Imports

• Tuesday, 31st March 2015
• by Egypt Oil & Gas

The Ministry of Petroleum has assigned importing the liquefied natural gas (LNG) needed for power plants during fiscal year (FY) 2015/2016 to the Egyptian General Petroleum Corporation (EGPC). The corporation would pa...

Oil Minister: New LNG Import Deals for Egypt Expected

• Tuesday, 3rd March 2015
• by Egypt Oil & Gas

Egypt expects to agree additional liquefied natural gas (LNG) import deals with Shell and Total, and is close to paying BG Group more for the gas it produces offshore, its oil minister said on Monday. Sherif Ismail ou...