A short while ago, a huge explosion inside the natural gas inspection station near Al Arish City International Airport rocked the capital of Northern Sinai. The explosion has ignited a huge fire in the pipeline, whic ...
Shareholders of East Mediterranean Gas Co. will take legal action against Egypt, seeking more than $8 billion in damages for interruptions in natural gas supply through a cross-border pipeline, a company official said.
Egypt has resumed its gas supplies to Israel and Jordan after a 45-day gap caused by an attack on a pipeline in the Egyptian side of the Sinai desert, Egyptian officials said.
BG Group's Egyptian subsidiary announced it would invest $2 billion to install a pipeline and drill new wells off Egypt's Mediterranean coast to help meet the country's growing demand for gas.