Monday, 18th February 2019
The MoP agreed with its foreign partners to compensate for the plant's halting period by deducting amounts from EGAS' profits from the plants re-operations.
Tuesday, 4th September 2018
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.
Monday, 8th August 2016The Egyptian Ministry of Petroleum and Mineral Resources is to rerun ADCO and Damietta gas liquefaction factories by 2020/ 2021.
Tuesday, 5th April 2011The 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 Egyptian company.