Latest in Highlight
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Gas exports fell to 100m scf/day due to low global prices
Egypt poised to achieve surplus of production after meeting the needs of domestic market
Ezz Steel, EZDK among top beneficiaries from gas price decline
EGAL saves about EGP 31m in production costs following gas price fall
Production of Burullus, Rashid fields increase to 290m scf/day
Linking 80m cubic feet from the second well in stage 9B, according to industry sources
Israeli gas exports to Egypt to increase to 85.3 bcm over 15 years
Exports from Leviathan to start 1 January 2020, from Tamar to start on 30 June 2020
Production testing of Zohr’s 13th gas well likely to start next week: source
Gas consumption by power plants down by 500m scf/day, say source
‘United in Science’ report urges world leaders to save the planet
Report comes along with UN Climate Action Summit, includes data on state of climate
Electricity consumption falls to 4bn scf/day of gas as weather cools
A source at the Egyptian Natural Gas Holding Company told Daily News Egypt that the consumption of gas stations decreased by about 300m scf/day as temperatures fell and the winter months approached.
Investments in oil sector reach $10.633bn in FY2020
Foreign companies pump 94.3% of investments, state-owned companies represent 5.7%
Baltim South West field to start production at 500m scf/day by mid-2020: BP
Linking the field to national gas network is underway, says EGAS source
Egypt’s gas exports through Idku increase to 750m scf/day
Connecting Giza, Fayoum fields contributed to increasing export quantities, according to EGAS
Egypt’s average consumption of gas to score 6.39bn scf/day in 2019/20
Surplus of local production will be exported through factories, Jordan line: Source
Delek announces postponing gas export to Egypt until end of year
Measures to import gas from Israel completed; Calcalist confirms company did not get regulatory approvals from Tel Aviv, saysindustry source
Egypt aims to export $2bn worth of gas FY 2019/20
Linking North Alexandria, Zohr, Borolos fields raises local production, says government source
BP to link 250m scf/day of gas to production from Giza, Fayoum this week
Total production of two fields in Mediterranean Sea is 680m scf/day per day
Arbitration agreement with Israel settled for $500m, allowing export of its gas via Egypt
Repayment of monthly instalments to compensate arbitration from proceeds of Tel Aviv gas: Source
Delek Drilling aims to start gas sale to Egypt by end-June
Delek Drilling and Noble Energy, the operators of Israel’s largest natural gas fields Tamar and Leviathan, signed with the Egyptian company Dolphinus Holdings two 10-year agreements, worth $15bn, in February 2018 to export Israeli natural gas to Egypt.
Eni completes gas processing plant with capacity of 3.2bn scf/day
Project’s investments are estimated at $5bn, says source
Polish minister pops 'what if' question over US gas plans
Petroleum ministry aims to develop 11 gas projects with $18bn investments until 2023
New gas discoveries will contribute to connecting 2bn scf/day to national grid, says source
Gas Market Regulatory Authority shall transfer 25% of its revenues to the Ministry of Finance
Authority follows commitment of companies to licensed activity to regulate gas market: Source
Power plants consumption increased to 3.7bncfd due to hot weather
The consumption of power plants from natural gas increased to about 3.7bn cubic feet of gas per day(bncfd), compared to 3.4bn cubic feet during the month of April, due to rising temperatures. A source at Egyptian Natural Gas Holding Company (EGAS) told Daily News Egypt that the consumption of gas stations began to increase as …
Egypt’s gas consumption to increase to 7.3bn scf/day next year
Energy needs of growing markets met by connecting wells of Zohr, North Alexandria, says source
Monthly decline in Shell’s production from Borollos, Rasheed fields of 10m cubic feet of gas
Projects produces 240m cubic feet of gas per day: source
Electricity Ministry estimates its gas needs at 4.4bn scf/day in summer
Gradual increase in consumption starts as temperatures rise, says source
Gas exports through EDCO factory decline to 500m scf/day
Gas quantities pumped to factory will be according to shipments specified in contract, says EGAS
Egypt reduces its gas exports to Jordan to 300m scd/day in April
Jordan’s gas imports changes according to needs of electricity plants
United Energy Group acquires Kuwait Energy for $650m
Shalakany acted as sole buy side legal advisor for all Egyptian assets on this transaction
BP to increase production of Giza, Fayoum fields to 700m scf/day in April
Adding third phase of North Alexandria project to national grid in late 2019
Egypt to import 150m scf/day of natural gas from Israel in June
Gas amounts from Tel Aviv will increase to 700m scf/d within two years, says source
Idku liquefaction plant to work at full export capacity by June: El-Molla
Plant to process 1.13bn scf/day