Natural Gas | Egypt Oil & Gas - Part 46

Libya’s NOC Halts Production at Faregh Oil Field for Maintenance

Libya’s National Oil Corporation (NOC) has decided to halt production at the Faregh oil field at Zueitina for scheduled maintenance from October 7 to October 14.

Egyptian Cabinet Approves Re-Pricing Gas for Some Industries

Prime Minister Mustafa Madboly announced that the Egyptian Cabinet approved the recommendations of the Ministerial Committee to re-price natural gas for some industries on September 30, 2019.

EGAS Calls off Third LNG Tender

Egyptian Natural Gas Holding Company (EGAS) has canceled a tender for six Liquefied Natural Gas (LNG) loading cargoes from the Idku plant, after it was scheduled to be offered during the period between October to ...

FAJR, NEPCO Sign Two Gas Supply Deals

Jordan’s National Electric Power Company (NEPCO) and the Jordanian-Egyptian FAJR for Natural Gas Transmission and Supply Company have signed with two gas supply deals.

Butane Local Consumption Rate Decreases 5%: El Molla

The ministry said that the use of natural gas expanded locally in homes and retail stores after the new pricing indexation mechanism, which contributed to the relatively low consumption rates of butane, reaching 5 ...

Dana Gas Egyptian Assets Attract Huge Interest

Dana Gas is receiving several offers from companies interested in acquiring its asset portfolio in Egypt.

El Sisi Orders Maximizing Egypt’s Oil Exploration

President Abdelfatah El Sisi has directed the Cabinet to extend the rate of oil and natural gas exploration, with a focus on maximizing the utilization of the country’s natural resources.

Iraq Discusses Gas, Petrochemical Projects with Saudi Investors

A number of investment opportunities in Iraq’s gas and petrochemicals field have been presented to Saudi investors.

Petrobel Sets New Production Record with Milestone Achievements

The average production of Belayim Petroleum Company (Petrobel) has exceeded a record 803,000 barrels of oil equivalent per day (boe/d).

Egypt to Drill Two New Gas Wells in North Damietta

The Ministry of Petroleum and Mineral Resources is preparing to drill two new wells in the Mediterranean fields of Atoll and Katameya in the North Damietta offshore concession with about $289 million in investment ...

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