UFG | Egypt Oil & Gas

Deals to Settle Disputes with Gas Companies Enter into Force

The Ministry of Petroleum and Mineral Resources announced that a convention of more than 40 agreements to settle disputes with some companies has entered into force, according to a press release. The agreements settle...

Damietta LNG Plant to Start First Test Cargo by Mid February

The operator of Damietta liquefaction plant, the Union Fenosa Gas (UFG), will start the first test cargo on February 14, S&P Global Platts Analytics reported. The test cargo will enhance Egypt’s ability to export ...

EGAS Exempted from $270m Fine for Damietta Gas Cuts

The Paris-based International Court of Arbitration has declared that the Egyptian Natural Gas Holding Company (EGAS) will be exempted from paying a $270m fine related to gas cuts at its foreign-owned LNG plant in Dami...

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