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.
Natural Gas | Egypt Oil & Gas - Part 72
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.
Sonatrach Considering JVs to Market Natural Gas
Algeria’s state-owned energy company, Sonatrach, is considering forming joint ventures with trading companies to market its natural gas.
