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Egypt’s opportunities for importing liquefied natural gas have increased as a result of US sanctions on Russia
12 shipments of liquefied gas represent only 3% of one day summer’s consumption
Reuters – Egypt has appointed Khaled Abdel Badie as chairman of state-run Egyptian Natural Gas Holding Company (EGAS), the oil ministry said on Wednesday, as the country grapples with a looming energy crunch. Badie, the vice-chairman of EGAS, replaces Taher Abdelrahman. The statement, which announced a number of changes in the leadership of state energy …
Sources revealed that EGAS negotiated with Shell and other companies to import between 500 and 750 million ft3of gas per day to cover the electricity power stations’ needs.
The most recent statistics coming from the Egyptian General Petroleum Company show that the number of private and public registered fuel stations throughout the country totaled 2,700 by the end of 2011.
The transport and logistics of the shipments are currently under discussion between the two countries.
So far holding company receives bids from BP, Sea Dragon, Edison, Dana Gas and Pura Vida
Egyptian National Gas had allegedly asked the jointly owned Israeli-Egyptian East Mediterranean Gas Company (EGM) to cancel the agreement.
By Philip Whitfield Notice the traffic? Given up going out? Carrying a doggy bag on the shopping run? Good news. Nobody will be able to afford to drive soon. Everyone’s money will be spent paying the gas bill and keeping cool in ice baths. Who dares flick on the air-con? Bit chilly? Snuggle up in …
Ministry of Petroleum approves plan to convert burned gas to butane
Gas prices for steel, iron and cement factories are expected to rise to $6 per million BTU
Private sector to operate as a private contractor in the transport of natural gas
Results of the bid round to be announced in the first half of January 2013
A new bid round is to be issued to private sector companies to participate based on a new model
The Ministry of Petroleum aspires that the private sector would be capable of importing approximately 500 million cubic feet per day
The Country Chair and Managing Director of oil giant Royal Dutch Shell, Jeroen Regtien, talks to the Daily News Egypt, highlighting the company’s vision in post-revolution Egypt, the impediments curbing the organic growth of the sector and voices his suggestions on how the government can resolve structural hindrances.
Libya’s drop in the ocean, aid to Syria, Egypt tender delays, UAE central bank
Minister of Petroleum, Osama Kamal, refused to comment on the matter