Natural Gas | Egypt Oil & Gas - Part 70

Parliament Considers Changes to Industrial Natural Gas Prices

The Parliamentary Committee on Industry is considering proposals for re-pricing the natural gas sold to industrial purchasers and eliminating the property taxes on factories.

LNG Imports to Cease Next Year

Egypt will cease importing liquefied natural gas (LNG) before the end of 2018, the Minister of Petroleum and Mineral Resources, Tarek El Molla, stated.

Egypt, Cyprus Explore Opportunities for Cooperation

Egyptian and Cypriot officials met to discuss hydrocarbon cooperation

Saudi Aramco Inks $4.5B in Deals

The state-run Saudi Aramco signed $4.5 billion in deals with international companies.

Atoll Field Still on Track for Production in 2017

The BP-operated Atoll natural gas field remains on track to begin production in 2017.

Sonatrach Looks to Up Gas Exports by 20 mcm/d

Sonatrach will be able to increase its exports of natural gas by 20 million cubic meters per day (mcm/d) to meet increased winter demand.

Sonatrach to Invest $2B in Hassi Rmel

Sonatrach, Algeria’s state-owned oil and gas company, announced that it plans to invest $2 billion in the Hassi Rmel natural gas field.

Egypt Consumes 4.5M Tons of Natural Gas Per Month

Egypt’s consumption of natural gas has risen to approximately 4.5 million tons per month.

CHC Seeking Opportunities to Export Natural Gas to Egypt

The Cyprus Hydrocarbon Company (CHC) is exploring opportunities to export natural gas to Egypt.

Regulations for Gas Law to be Submitted to Cabinet

The regulations for the new gas law and the regulatory authority it establishes will be submitted to the Cabinet soon.

Page 70 of 104

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