Natural Gas | Egypt Oil & Gas - Part 71

Algeria Looks to Begin Production at Reggane

Sonatrach plans to bring online a $1 billion natural gas project at the Reggane natural gas field this year.

El Sewedy Wants 1M Households Connected to Gas Grid in FY 2018/2019

The parliamentary Energy and Environment Committee supports the government’s plans to extend the natural gas grid to 600,000 new households during fiscal year (FY) 2017/2018.

Iran Looks to Export LNG

Iran signed a contract for the conversion of natural gas into liquefied natural gas (LNG) for export.

Ministry Predicts Natural Gas Output of 5.342 bcf/d

Production of natural gas should rise to 5.342 billion cubic feet per day (bcf/d) during fiscal year (FY) 2017/2018.

Natural Gas Output Remains Steady in August

Natural gas production remained constant in August. Egypt produced 3.364 million tons, a slight decline from the 3.37 million tons it produced in July.

Egypt Expects to Garner over $40B in Energy Investments

The Zohr, North Alexandria, and Nooros natural gas fields will receive investments worth $27.3 billion in 2018.

Natural Gas Fees to Rise by EGP 800 per Household

Egyptian Natural Gas Holding Company (EGAS) approved a hike in natural gas fees.

Egypt to Increase Natural Gas Production by 1.4 bcf/d

The Egyptian Natural Gas Holding Company (EGAS) plans to increase natural gas production by around 27%, or 1.4 billion cubic feet per day (bcf/d), to reach 6.5 bcf/d by June 2018.

Egypt Consumes 6 bcf/d of Natural Gas

Egypt is currently consuming around 6 billion cubic feet per day (bcf/d) of natural gas.

Egypt Spends $2.4B on LNG in FY 2016/2017

The Ministry of Petroleum and Mineral Resources spent between $2.2 billion and $2.4 billion on liquefied natural gas (LNG) imports during fiscal year (FY) 2016/2017.

Page 71 of 104

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