Natural Gas | Egypt Oil & Gas - Part 85
EGAS Increases Gas Imports to 1bcf/d
The Egyptian Natural Gas Holding Company (EGAS) has increased natural gas imports to 1bcf/d, up from 900mcf/d in early March.
US Oil&Gas Rig Count Drops to Record Lows
The number of rigs drilling for oil and natural gas in the United States has fallen to the lowest level since at least 1940. In spite of the decline, oil and gas production has been surprisingly resilient.
Egypt Reduces Natural Gas Prices to Steel, Iron Factories
Egypt will reduce the price of natural gas to steel and iron factories to $4.5 per 1m thermal units from the current $7, Industry Minister, Tarek Kabil, informed.
Georgia Confirms Gas Supply Deal with Azerbaijan
Georgia has confirmed details of its recently signed gas deal with Azerbaijan, according to which Georgia will receive up to 500mcm/year of natural gas from the Azerbaijani national oil company SOCAR until 2030.
Oil Ministry Aims to Deliver Gas to Homes, Reducing Imports
Egypt's petroleum sector aims to deliver gas to 3.5m housing units by the end of 2019, a source at the Ministry of Petroleum told Egypt Oil & Gas, adding that this move would reduce Egypt's annual imports of butane gas.
Jordan to Boost Natural Gas Production from Risheh Field
Jordan’s state-owned National Petroleum Company (NPC) plans to boost natural gas production from the Risheh field this year, which had dropped in 2015 due to some technical issues at the gas wells.
EU Approves Trans-Adriatic Pipeline Deal
The European Union has approved a deal between Greece and the Trans-Adriatic Pipeline (TAP), which will bring gas from Azerbaijan to Europe.
China Marks First-Ever Ultra Deepwater Gas Discovery
China's China National Offshore Oil Corp (CNOOC) said it had tapped country's first ultra-deepwater natural gas discovery in the northwestern part of the South China Sea. An "ultra-deep" well is categorized as one th ...
