Iran’s South Yaran Oilfield plans to drill 22 wells by March 2016 said Mohammadreza Takayedi, deputy head of National Iranian Drilling Company (NIDC).
Sources at EGAS told Egypt Oil & Gas that a decision was taken to pump 700 mscf of liquefied natural gas (LNG) to factories suffering from gas shortages.
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.
Reuters reported that Egypt is planning to rent a third floating storage and regasification unit (FSRU) late 2016 or early in 2017, in an effort to deal with gas shortage.
Tarel El Molla, Minister of Petroleum and Mineral Resources, said that that petroleum sector continues importing natural gas for the coming 5 years to meet the needs of electricity, and the local market, reported Egy ...
A source at EGPC revealed to Egypt Oil & Gas that negotiations with a number of foreign oil companies are underway to buy their share of liquefied natural gas (LNG) to meet the needs of power plants and factories suf ...
Sources at EGAS told Egypt Oil & Gas, that the 3rd floating Storage and Reclassification Unit (FSRU) ship is planned to arrive to Egypt the coming March of 2016.