Latest in Tag: natural gas Highlight
Latest in Tag: natural gas
EU ambassador to Egypt welcomes reduction of subsidies on petroleum products
Misr Al Qawia criticises decision, Al-Nour Party calls for transparency and improved methodology, while Socialist Popular Alliance proposes alternate
This follows a surprise increase in consumption took place on Friday following the announcement that fuel prices would increase.
Decreased gas production is result of slowdown in partners’ development and exploration of wells in light of increasing operation costs
The gas company cut 300m cubic feet of gas per day from cement factory consumption, from its estimated daily rate of 430m cubic feet.
Investors welcome the move to reduce energy subsidies, but ask government to protect the poor from expected price jumps through social programmes
Ministries of Electricity and Petroleum have launched initiative to reduce 20% of electricity consumed annually and thereby decrease energy deficit
Debts owed to the Ministry of Petroleum by other government agencies decreased to approximately EGP 156bn at the end of March, compared to EGP 172bn in February, after the Ministry of Finance paid part of its debts
Some of the Western bankers, money managers and oil traders who help keep that money moving are unconvinced sanctions will have a truly significant effect.
Field is part of the Disouq natural gas project in northern Egypt, operated by Germany’s RWE Dea oil and gas firm
Government says the new decision took into account needs of low-income citizens
Price hike only affects users connected to gas grid, most citizens not connected to grid
A natural gas supply unit will stop working from 17 to 27 April, Ministry of Electricity says
Israel in talks with Egypt, Turkey on major gas export deals
Ministry says 77% of natural gas and diesel supply were delivered to cement factories in January and February
Improvements will boost output by 25%
Titan Cement Company vice president says reduction of gas caused 50% decrease in cement production
Chairman of EGAS attributes this increase to the accessibility of funding
Hurghada power station was converted to work with natural gas instead of subsidised diesel.
The contract was signed with RWE and Dove Energy oil companies with a minimum of $22.5m in investments
The new well discovered by IPR is expected to produce 12,000 barrels of light oil and 14 million cubic feet of natural gas per day
By Oxford Business Group The start of production at a concession in Egypt’s Nile Delta basin by a German firm has come as welcome news, an indication of the sizable potential offered by the country’s offshore blocks. With local consumption growing, the North African state is looking to balance the need to expand output to …
Agreements are the first to be signed since 2010
Second stage implementation will follow delivery of smartcards to citizens and data entry
Egyptian Mineral Resources Authority calls for government forgiveness of coal mining debt
“Qatar is pressuring Egypt” for Morsi supporter crackdowns, says Chamber of Commerce chairman for petroleum products
The aim of the committee is to study how coal can be used as an energy supplement to meet the needs of the industrial plants such as producers of electricity and cement
Minister of Electricity and Energy Ahmed Emam says electricity crisis was ameliorated by renewed fuel supplies
Minister of Petroleum plans to increase fuel production in attempt to meet demand and address nationwide electricity crisis
Natural gas import agreement between Egypt and Qatar delayed because of “unresolved legal details”