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.
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.
The industrial sector is the top consumer as it depends heavily on natural gas to operate most of projects.
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’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.
Egyptian President, Abdel Fattah El Sisi, urges to connect 1.4 million households to the national gas grid in 2018.
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.
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 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 has recorded the third place among Arab natural gas consuming countries, as it consumes 11.8% of the Arab natural gas total consumption.
Morocco will launch a tender for companies to establish a $4.6 billion natural gas project with capacity of 2,700 MW.