Dana Gas, the sixth largest gas producer in Egypt, announced on Sunday that its daily production reached 40,000 barrels of oil per day, an 8% increase compared to the previous year.
Egypt’s Petroleum Ministry expects the country’s natural gas production to drop by 3.6% to 4.85 bcf/day in FY 2017/18 from 5.03 bcf/day in FY2014/15, while demand is expected to rise by 24% from 5.98 bcf/day to 7.42 ...
Egyptian Natural Gas Holding Company’s (EGAS) dues from the Ministry of Electricity have significantly increased to amount to roughly EGP 53 billion in exchange for the gas that electricity generation stations obtain.
Iran exported over 9.575 million tons of gas condensates, worth $8.65b, in the nine months of the calendar year (started March 21, 2014), said an official.
Saudi Arabian Oil Co. plans to start natural gas production at a field near Jordan next year as the world’s biggest crude exporter is “investing big in gas,” CEO Khalid Al-Falih said.
Several prominent figures from the oil and gas industry met last week once again for the Production Optimisation Convention steering committee, organised by Egypt Oil & Gas and is taking place in April.
Egypt is open to importing gas from Israel, its oil minister said in state-owned media on Wednesday, another sign that it may lean on its neighbour to help tackle its energy troubles.
Egypt and Russia's Gazprom are to reach an agreement for the company to supply LNG shipments later this month, Egyptian Oil Minister Sharif Ismail told Reuters.