Latest in Tag: gas production Highlight

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Latest in Tag: gas production

Gas production in first four months of this year amounted to 24.6m tonnes

Osama El Bakly, chairperson of the Egyptian Natural Gas Holding Company (EGAS), said that production of gas in the first four months of 2018 reached about 24.6m tonnes. El Bakly told Daily News Egypt that the volume of natural gas consumption reached 24.9m tonnes, whereby the household, electricity, and industry sector account for most of …

Mohamed Farag

Daily gas production up by 1.5bn scf/day: Petroleum Ministry

The Ministry of Petroleum announced that the total daily added production of natural gas since the beginning of 2017 thus far amounted to about 1.5bn standard cubic feet per day (scf/day) and 5,170 barrels of condensates. The ministry explained that the plans and programmes of work that have been implemented have contributed to increasing Egypt’s …

Mohamed Farag

Petroleum Ministry aims to increase gas production by 19.53%

The Ministry of Petroleum is aiming to increase the average production of Egypt’s natural gas during this fiscal year by 19.53%, to reach 5.342bn cubic feet of natural gas daily, compared to 4.469bn cubic feet of gas daily throughout the past fiscal year 2016/2017, according to data from the ministry. Data reveals that the ministry …

Ahmed Ismail

Eni invests $4bn in Zohr gas production processing plant

Italian oil company Eni invested $3.5-4bn in implementing the Zohr natural gas production processing plant at a capacity of 2.7bn cubic feet of gas per day. Minister of Petroleum and Mineral Resources Tarek El-Molla told Daily News Egypt that the total investments in Zohr field are estimated at $12bn until the point when production begins. …

Mohamed Adel

UAE’s DANA Gas receives $60m in overdue payments from Egypt

Emirati company Dana Gas said in a Sunday statement that it received $60m in late dues from the Egyptian government. The sum makes up only a part of the full amount of $212m Egypt still owes to Dana Gas. Egyptian payments to oil and gas companies have been delayed due to the country’s faltering economy …

Mohamed Ayyad

80% majority of Egypt’s natural gas production goes to power plants: Petroleum ministry report

Power plants currently receive 80% of Egypt’s natural gas production, equivalent to approximately 3.043bn cubic feet per day, currently the maximum supply rate, according to a report issued by the Ministry of Petroleum. Approximately 519.8m cubic feet of the remaining 20% of Egypt’s gas production is directed toward the industrial sector. The other 1.79bn cubic …

Mohamed Adel

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