Natural Gas | Egypt Oil & Gas - Part 20

ADNOC to Build New LNG Plant to Expand Exports 

Abu Dhabi National Oil Co. (ADNOC) announced that it plans to build a new liquefied natural gas plant to raise its exports amid surging demand.

El Molla: Rising Oil Import Bill Could Cancel Out Gains From Higher Gas Exports Revenues

Egypt’s rising oil import bill could cancel out any gains from higher gas export revenues this year, Minister of Petroleum and Mineral Resources,Tarek El Molla,said.

Eni Opens Two Accounts at Gazprom Bank

As deadlines for the payment of gas supplies are scheduled for the next few days, Eni announced the start of the process of opening two K current accounts at Gazprom Bank, on a precautionary basis (one in euros an ...

Bahrain to Import LNG To Meet High Demand 

Bahrain disclosed that it seeks to import at least five or six cargoes of liquefied natural gas (LNG) in 2025 toml meet the rising demand of energy with the start of the summer.

El Molla: No Intention to Increase Gas Price for Industrial Sector

"There is no intention to move the prices of natural gas for the local industry at the present time, in light of the current international changes," Minister of Petroleum and Mineral Resources, Tarek El Molla, sai ...

Egypt’s Petroleum Subsidies Stand at EGP 28B in 2022/23 Budget

The state’s draft general budget for fiscal year (FY) 2022/23 allocated an estimated EGP 28.094 billion for petroleum subsidies, 52.6% more than petroleum subsidies in the 2021/22 budget which amounted to EGP 18.4 ...

GECF Secretary General Indicates Natural Gas Expansion in G20, Asia

The next G20 Energy Ministerial, which will be hosted by Indonesia, provides a chance to highlight natural gas's expanding role in meeting the G20's growing energy needs, as well as recognise its global relevance. ...

Egypt Converts 9,000 Vehicles to Run on Natural Gas in April

Around 150 gas fueling stations are entering service, El Molla noted, adding that the spread of stations in various regions encourages and motivates citizens to use natural gas as a fuel for cars.

El Molla: More Than 7M Households Received Natural Gas in Eight Years

The Minister of Petroleum and Mineral Resources Tarek El Molla declared that the petroleum sector succeeded in achieving a leap in natural gas utilization during the past eight years.

Four New Villages Connected to Natural Gas Grid

The executive status of the Hayah Karima (Decent Life) projects shows that 4 new villages were connected to the national natural gas grid. The new villages are Tahanoub, Nazlat Arab Juhayna, and Arab Al-Sawalha in ...

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