natural gas production | Egypt Oil & Gas - Part 6
Egypt to Import $2.4b in LNG during 2017
Egypt is planning to import 120 liquified natural gas (LNG) cargoes in 2017, worth about $2.4b at current spot prices in Singapore.
Egypt’s Gas Output Pushed to 4.35bcf/d
Egypt boosted natural gas output to reach 4.35bcf/d as a result of linking new wells to production.
EGAS Refused to Drop Gas Selling Price
The Egyptian Natural Gas Holding Company (EGAS) stated that the current cost of suppling gas to the industrial market averages $7 per unit, and as a result EGAS is unable to recover its cost of production and importa ...
Egypt’s Natural Gas Production Increased to 4.05bcf/d
Egypt’s daily natural gas production has increased to 4.05bcf within the last week of July – for the first time since the beginning of 2016 – compared to a production volume of 4bcf in previous weeks.
US EIA Forecasts Gas Production Decline in 2016
The US Energy Information Administration (EIA) revealed its forecast for US domestic natural gas production in 2016, which is expected to mount to 79.69bcf/d, marking the sixth annual record high.
Egypt’s Gas Production Will Not Increase in FY 2015/2016
Gas production in the next fiscal year (FY) 2015/2016 will not increase, according to a senior official at Egyptian Natural Gas Holding Company (EGAS).
