Natural Gas | Egypt Oil & Gas - Part 66

Petroleum Ministry Rejects Gas Price Reduction for Factories

Governmental sources reportedly rejected decreasing natural gas price for factories following natural gas self-sufficiency as the output will be used to cover local demands.

Four Sectors Consume 40% of Egypt’s Natural Gas Output

The industrial sector is the top consumer as it depends heavily on natural gas to operate most of projects.

GASTEC to Establish Natural Gas Filling Station in Sharm El Sheikh

The Egyptian International Gas Technology (GASTEC)'s Head, Abdel Fattah Farahat, met with South Sinai Governor, Khaled Fouda, where they discussed establishing the first natural gas car filling station in Sharm El ...

Egypt Natural Gas Output to Exceed 6 bcf/d

Egypt’s production of natural gas increased by 1.6 bcf/d in 2017, up to 5.5 bcf/d, said Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources.

El Sisi Urges Connecting 1.4 M Households to National Gas Grid

Egyptian President, Abdel Fattah El Sisi, urges to connect 1.4 million households to the national gas grid in 2018.

Iran’s West Karoun Oil Output Doubles in 2017

Iranian oil output from its West Karoun oilfields reached 305,000 b/d in the Iranian month of Dey, compared to 161,000 b/d during the same period this year.

Egypt’s Natural Gas Production Increases by 14% Y.o.Y

The Egyptian natural gas production increased by around 14.11% year-on-year (Y.o.Y.), rising to 3.12 million tons in November 2017, compared to 2.734 million tons in November 2016.

Egypt to Halt LNG Imports by End of June

Egypt intends to stop importing liquefied natural gas (LNG) by the end of fiscal year (FY) 2017/2018, which ends late June 2018, according to Minister of Petroleum, Tarek El Molla.

Egypt is the 3rd Arab Country in Gas Consumption

Egypt has recorded the third place among Arab natural gas consuming countries, as it consumes 11.8% of the Arab natural gas total consumption.

Morocco to Launch Natural Gas Project Worth $4.6 B

Morocco will launch a tender for companies to establish a $4.6 billion natural gas project with capacity of 2,700 MW.

Page 66 of 104

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