Naftogaz | Egypt Oil & Gas
Naftogaz, ORLEN Sign Contract to Supply Additional 100 mmcm of LNG
Naftogaz and Polish ORLEN, one of the largest oil industry corporations in Central and Eastern Europe, have signed a contract for the supply of an additional 100 million cubic meters (mmcm) of liquefied natural gas (L...
Petrosannan Boosts Oil, Natural Gas Production in FY 2020/21
Petrosannan Company, a joint venture (JV) between Naftogaz of Ukraine (NJSC) and the Egyptian General Petroleum Corporation (EGPC) has increased its oil and natural gas production by 20% and 40%, respectively during t...
Naftogaz Ramps up Oil Production by 20% in Egypt’s Western Desert
Naftogaz Group ramped up oil production from its assets in the Western Desert of Egypt by more than 20% or 600 barrels per day (bbl/d), a press release reported. Accordingly, Naftogaz Group is expected to earn additio...
Naftogaz’s Investments Surpass $535 MM in Egypt
Naftogaz of Ukraine’s investments in Egypt have amounted to over $535 million over the course of 14 years, Director of Naftogaz in Egypt, Fedir Baiuk, told Al-Mal. Baiuk stated that the company is currently involved i...
Lazard to Advise Naftogaz on the Sale of its Egyptian Assets
Naftogaz Ukrainy has hired Lazard Freres SAS as a consulting company to advise it on the sale of its Egyptian assets, reports Amwal Al Ghad. Lazard will advise Naftogaz on the sale of its concessional rights and liabi...
Ganope Signed New Concession Agreements
An official at Ganoub El Wadi Petroleum Company (Ganope) informed Egypt Oil&Gas that the company signed two new concession agreements with Joint Stock Company Naftogaz of Ukraine Overseas Petroleum. One of the agr...
Ukrainian Naftogaz to sell Assets in Egypt
Ukraine’s Naftogaz Commercial Director, Yuriy Vitrenko, stated that the company considers contracting an investment and banking adviser who will assess how much the company can receive from sale of its assets in...
Russia Offers Enticing Gas Prices for Ukraine in Q3 2016
CEO of Russia’s energy giant Gazprom, Alexei Miller, has announced that Russia is ready to start supplying Ukraine with its requested gas volume of 3bcm in the third quarter of 2016 at a price rate of $167.57 per 1,00...
