President Sisi
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Sisi: Egypt to Achieve Natural Gas Self-Sufficiency by 2020
Monday, 30th July 2018
President Abdel Fattah El-Sisi affirmed on July 29 that Egypt would achieve natural gas self-sufficiency and a surplus by June 30, 2020.
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Egypt to Get $3b Financial Package from South Korea
Tuesday, 8th March 2016
South Korea will provide Egypt with a financial package worth $3b for export credits and to develop infrastructure in the energy, water resources, and transport sectors, the Egyptian presidency announced. -
Egypt, Russia Finalize Nuclear Plant Deal
Sunday, 22nd November 2015
The Egyptian and Russian governments signed a final agreement to build a nuclear plant in Dabaa, Egypt on November 19th. -
Update 1: Eni Provides Full Report on Mega-Gas Find in Egypt
Monday, 31st August 2015
The Ministry of Petroleum and Mineral Resources announced in a press release that the petroleum Minister, Sherif Ismail, received a report from Eni Chief Executive Claudio Descalzi concerning the company's deepwater mega-gas find in the Shorouk block in the Mediterranean Sea. The discovery holds a potential of 30 tcf of gas and 5.5 bboe, covering an area of about 38.6 square miles (100 square kilometers).
Latest News
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021