Natural Gas | Egypt Oil & Gas - Part 74

Sonatrach to Boost Gas Output from the Rhourde El Baguel Field

Sonatrach plans to increase gas production from the Algerian Rhoude El Baguel oilfield by 6 million cubic meters a day (mcm/d).

Rosneft to Invest $1B in KRG Pipeline

Russian oil firm, Rosneft, will invest approximately $1 billion to develop natural gas pipelines in areas under the authority of the Kurdistan Regional Government (KRG).

Algeria to Increase Gas Exports to Offset Low Crude Revenues

In order to offset low oil prices, Algeria is looking to increase natural gas exports.

Number of Households Linked to Gas Grid Rises to 8M

The number of households attached to the Egypt’s natural gas grid has risen to over eight million in 2017.

Egypt’s Gas Production Rises

Egypt’s production of natural gas rose to 3.19 million tons in June, a year-on-year (y-o-y) increase of 26.5% from last year’s 2.52 million tons.

GUPCO Exceeds Production Target

Gulf of Suez Petroleum Company (GUPCO) surpassed its production targets for the month of July.

Egypt Witnesses Cars Conversion to Natural Gas

Gastec witnessed a 250% increase in the number of cars conversion to natural gas instead of fuel to be 35 cars per day.

Turkey to Reach 11bcm Gas Storage Capacity by 2023

Turkey is aiming to boost its annual natural gas storage capacity to reach around 11 bcm by 2023.

Egypt to Pump Natural Gas to 600,000 Households

The Egyptian Ministry of Petroleum and Mineral Resources is targeting pumping natural gas to 600,000 households on an annual basis.

Parliament Approves New Gas Regulatory Law

The Egyptian Parliament has granted the final approval on the new gas regulatory law, which allows the establishment of the gas regulatory authority.

Page 74 of 105

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