Lebanon Eyes 55% of Potential Natural Gas Revenues
The government will receive at 55% of natural gas revenues from discoveries made off the Lebanese coast, the Minister of Energy and Water, Cesar Abi Khalil, said.
The government will receive at 55% of natural gas revenues from discoveries made off the Lebanese coast, the Minister of Energy and Water, Cesar Abi Khalil, said.
With the Zohr natural gas field coming online last week, Egypt’s natural gas output rose to 5.5 bcf/d.
Natural gas production from the Zohr natural gas field will permit the country to cut its imports of liquefied natural gas (LNG) by approximately $700 million per year.
Egyptian Minister of Petroleum, Tarek El Molla, announced the start of pumping natural gas from offshore wells in Zohr field to the onshore processing facility to be treated and injected into the country's natural ...
Egypt will decrease its imports of liquefied natural gas (LNG) by three cargoes a month when the Zohr natural gas field comes online.
Production from the Zohr natural gas field—which could begin within days—should permit Egypt to achieve natural gas self-sufficiency in 2018.
The government anticipates that 8.2 million households will be connected to the natural gas grid by the end of 2017.
The Ministry of Petroleum and Mineral Resources aims to increase natural gas production to 6.4 billion cubic feet per day (bcf/d) by mid-2018.
Initial production from Egypt's Atoll natural gas field started at a rate of 300 million standard cubic feet per day (mscf/d).
Egypt Gas Company has signed a cooperation protocol worth EGP 66.9 million with Egypt's New Urban Communities Authority (NUCA).