Egypt’s natural gas reserves increased by 33.3% reaching around 90 trillion cubic feet (Tcf), compared to 60 Tcf in 2015, as the country added new natural gas fields, including Zohr and Atoll, to production.
Eni has agreed to sell the natural gas produced by the Faramid well to the Egyptian Ministry of Petroleum for $2.60 per 1 million British thermal units (mbtu).
Egyptian President Abdel Fattah El Sisi has agreed with his Cypriot counterpart, Nicos Anastasiades, and Greek Prime Minister Alexis Tsipras to establish an Eastern Mediterranean gas forum to be headquartered in C ...
Egypt's natural gas output rose by 14.9% year-on-year (YOY) to reach 3.873 million tons in July 2018, compared to 3.371 million tons in July 2017.
Egypt has connected 9 million households to the national gas grid.
Noble Energy, Delek Drilling and Egypt East Gas Company have purchased a 39% stake in the Eastern Mediterranean Gas Company (EMG), paving the way for Israel to begin exporting natural gas to Egypt.
Egypt has begun sending experimental quantities of natural gas to Jordan, according to the Jordanian energy minister.
The Ministry of Petroleum has estimated that the country will save around $3 billion as a result of halting liquefied natural gas (LNG) imports during fiscal year (FY) 2018/19, according to a source in the oil and ...
President Abdel Fattah El Sisi announced that Egypt will obtain a surplus of natural gas by April 2019.
Egypt's average consumption of natural gas will grow to reach around 9 billion cubic feet per day (bcf/d) by 2020/21 because of Egypt's industrial development plan.
