Union Fenosa | Egypt Oil & Gas

Egypt to Export 550 mmscf/d of Gas via Damietta Plant in April

The Egyptian government agreed with its foreign partners in the Damietta Liquefaction plant to start exporting 550 million standard cubic feet per day (mmscf/d) of gas through the plant by April 2019, a source at the ...

Egypt to Pay Union Fenosa $2B in Gas Dispute

Egypt will pay $2 billion to Union Fenosa Gas Company as a settlement for halting gas supplies to the company’s Damietta LNG plant in 2012, The Financial Times reported. Union Fenosa, a joint venture (JV) between Ital...

Egypt to Rerun ADCO, Damietta Gas Liquefaction Factories

The Egyptian Ministry of Petroleum and Mineral Resources is to rerun ADCO and Damietta gas liquefaction factories by 2020/ 2021, according to Daily News Egypt. Oil Minister, Tarek El Molla, said that the gas which wil...

EGAS raises price of gas sales to Union Fenosa

The Egyptian Natural Gas Holding Co. (EGAS) signed an agreement allowing it to increase the price of natural gas sold to Union Fenosa SA, to reflect soaring global crude prices, according to an official for the Egypti...

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