Enel, Algeria Negotiate Natural Gas Contracts
Enel is negotiating new natural gas contracts with Algeria to replace current contracts set to expire soon
Enel is negotiating new natural gas contracts with Algeria to replace current contracts set to expire soon
Egypt’s natural gas could prove an alternative energy source for Europe.
Egypt currently consumes approximately 6 billion cubic feet per day (bcf/d) of natural gas.
Rosneft plans to invest more than $2 billion in the Zohr natural gas field.
Natural gas consumption of Egypt's electricity generating power plants has decreased by around 900 million standard cubic feet per day (mscf/d).
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.
Egypt will cease importing liquefied natural gas (LNG) before the end of 2018, the Minister of Petroleum and Mineral Resources, Tarek El Molla, stated.
Egyptian and Cypriot officials met to discuss hydrocarbon cooperation
The state-run Saudi Aramco signed $4.5 billion in deals with international companies.
The BP-operated Atoll natural gas field remains on track to begin production in 2017.