Natural Gas | Egypt Oil & Gas - Part 16

El Sisi Praises Natural Gas Achievements at Egypt’s Economic Conference 2022

Egypt was importing quantities of natural gas at around $2 billion per month and this figure was likely to rise to $10 billion at current prices, had it not been for the discovery of the Zohr field, which enabled ...

El Molla, Fayad Discuss Arrangements for Natural Gas Delivery to Lebanon

The meeting emphasized Egypt's commitment and readiness to pump natural gas to Lebanon immediately upon completion of the procedures related to the start of exporting Egyptian gas and receiving it in Lebanese terr ...

Egypt, Wintershall Dea Agree to Explore CCUS Opportunities

Minister of Petroleum and Mineral Resources Tarek El Molla has met with the CEO of Wintershall Dea Mario Mehren in which they agreed on working together to explore carbon, capture, storage and utilization (CCUS) o ...

ExxonMobil Indicates Strong Q3 Earnings on Natural Gas Pricing

According to a securities filing, ExxonMobil indicated strong third quarter operating profits following the previous quarter's all-time record as gains from natural gas offset weaker refining and chemicals, Reuter ...

EGAS Average Natural Gas Production Reaches 6.7 bcf/d in FY 2021/22

The Executive Managing Director of Egyptian Natural Gas Holding Company (EGAS) Mady Galal stated that the average rate of natural gas production during fiscal year (FY) 2021/22 reached 6.7 billion cubic feet per d ...

Ganope’s Oil Production Increases by 10% in FY 2021/22

The Chairman of South Valley Egyptian Petroleum Holding Company (Ganope) Nael Darwish announced that his company succeeded in increasing its reserves by adding 15 million barrels during fiscal year (FY) 2020/21 to ...

Electricity Rationalization Efforts Save More Natural Gas for Export

In a meeting to follow up on the progress of measures to rationalize electricity consumption, Minister of Petroleum and Mineral Resources Tarek El Molla praised the decision, asserting that it has contributed to s ...

El Molla: Egypt Targets Oil, Gas Investments of Up to $8B in 2022/23

Minister of Petroleum and Mineral Resources Tarek El Molla declared that Egypt seeks to achieve between $7.7 billion to $8 billion in oil and gas sector investments during fiscal year (FY) 2022/23.

PhPC Achieves 163 bcf of Natural Gas Sales

Hossam Zaki, the Chairman of the Pharaonic Petroleum Company (PhPC), announced that his company has achieved the planned production rates by 100%, recording 163 billion cubic feet (bcf) of natural gas sales in add ...

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