EGAS to Put 11 Gas Exploration Blocks for Bid Rounds
EGAS has finalized seismic studies and scans, and is waiting for the Ministry of Petroleum’s approval to set a date for the bid rounds.
Natural Gas | Egypt Oil & Gas - Part 52
Egypt’s Natural Gas Production Increases by 28.75% YOY
Egypt’s natural gas production increased by 28.75% YOY, reaching 4.425 million tons in March 2019, up from 3.437 million tons produced in March 2018.
Sound Energy Maintains Positive Assesment for Morocco’s Gas Potential
Sound Energy continues seeking natural gas potential with the company’s overall assessment of the Eastern Morocco acreage, despite TE-10 well's disappointed flow rate results.
Egypt to Boost Gas Output to 7.95 bcf/d in FY 2019/20
The increase is directly linked to the boost in production from the second phase of North Alexandria project and from Zohr field.
Eni, Sonatrach Extend Gas Supply Contract
Italy’s Eni and Algeria’s Sonatrach have signed agreements to renew the deal supplying Algerian natural gas to Italy until 2027.
Egypt to Attract $10 B Petroleum Investments in FY 2019/20
The Egyptian oil and gas sector plans to attract $10 billion investments in fiscal year (FY) 2019/20, adding to the $30 billion invested over the past three years.
Kuwait Announces Potential Bidders for Gas Project
Kuwait Oil Company (KOC) has pre-qualified 17 international companies to bid for a project to increase natural gas production in its northern fields.
EGAS Offers 13 LNG Cargoes in June, July
EGAS offered 13 gas cargoes to be shipped from Idku liquefaction plant in June and July 2019.
Egypt to Export 12 M Tons of Natural Gas in FY 2019/20
Egypt is expected to export around 12 million tons of natural gas for $2 billion in fiscal year (FY) 2019/20, compared to 4 million tons exports for $589 million in FY 2018/19 budget plan.
Ministry of Petroleum to Invest $18 B in Gas Projects
The Ministry of Petroleum aims at developing 11 natural gas projects in different concession areas, with investments totaling $18 billion.
