Natural Gas | Egypt Oil & Gas - Part 21

Egypt’s Gas Export Revenues Reach $3.892 B in First Four Months of 2022

Egypt's natural gas and liquefied natural gas (LNG) export revenues increased by 98% to reach $3.892 billion in the first four months of 2022.

El Molla Discusses Natural Gas Cooperation with Mozambican Counterpart

On the sidelines of the World Economic Forum (WEF), the Minister of Petroleum and Mineral Resources Tarek El Molla has met with Mozambique's Energy Minister Carlos Zacarias to discuss ways of exchanging expertise ...

El Molla: Egypt to Ramp Up LNG Exports to Europe in Upcoming Period

In an interview with Al- Sharq, the Minister of Petroleum and Mineral Resources Tarek El Molla disclosed plans with the East Mediterranean countries to increase liquefied natural gas (LNG) exports to Europe during ...

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. ...

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