Egypt Records First Hydrocarbon Trade Surplus in 5 Years: CBE
Petroleum exports amounted to $3.2 billion while imports stood at $2.4 billion during Q4 2018.
Natural Gas | Egypt Oil & Gas - Part 51
Enel, Sonatrach to Extend Gas Supply Deal
Italy’s Enel has reached an agreement with Algeria’s Sonatrach to extend the natural gas supply contract.
Oil, Gas Production Reaches 6.8 MM Tons
The total production of oil and natural gas reached 6.8 million tons during April 2019, compared to 6.1 million tons during the same month in 2018.
Town Gas to Deliver Natural Gas to 35,000 Customers
Town Gas aims to deliver natural gas to approximately 35,000 commercial customers and bakeries by the end of December 2019
El Sisi Follows Up on Gas Exploration Activities
President Abdel Fattah El Sisi held a meeting on June 23 to follow up on some of the petroleum sector major projects, especially exploration and production in natural gas and oil fields, as well as delivering natu ...
Plans for $5 B Petrochemicals Complex in Alexandria
The government is considering a project to establish a petrochemicals complex in Alexandria, with around $5 billion in investments, beside a current $1.5-billion factory.
Natural Gas Grid Expansion Exceeds Target
The number of units connected to the natural gas grid during FY 2018/19 will reach a total of 1.21 million by June 30, exceeding the targeted 1.2 million households.
Egypt to Pay $500 MM to Settle Gas Case with Israel
The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) have agreed to pay $500 million to settle a dispute with Israel Electric Corporation.
El-Molla Discusses Cooperation Projects in Lebanon
Egypt and Lebanon agreed in May to increase cooperation in the energy sector, during the meetings of the High Joint Committee between the two countries.
Ministry of Petroleum to Implement 11 New Projects with $15 B Investments
This comes as result of achieving self-sufficiency and increasing natural gas production after the implementation of 27 projects to develop natural gas fields.
