natural gas
UPDATE: Security officials say militants blow up natural gas pipeline in Egypt’s Sinai
Egypt
May 31, 2015
UPDATE: Security officials say militants blow up natural gas pipeline in Egypt’s Sinai
Security officials in Egypt say suspected Islamic militants have blown up a natural gas pipeline outside el-Arish, the provincial capital…
Minister: Studies on Cyprus gas project to end mid-2015
Business
April 30, 2015
Minister: Studies on Cyprus gas project to end mid-2015
Petroleum Minister Sherif Ismail said that his talks with Cypriot officials focused on the joint project to develop a natural…
Egypt to import US$3.55 bn worth of LNG in 2015-2016
Business
April 14, 2015
Egypt to import US$3.55 bn worth of LNG in 2015-2016
Egypt will import around US$3.55 billion worth of liquefied natural gas (LNG) in the 2015-2016 financial year, an official at…
New oil discovery in Western Desert
Business
April 4, 2015
New oil discovery in Western Desert
The General Petroleum Co. has made a new oil discovery in Abu Senan area in the Western Desert.A well was…
EFG Hermes says potential Israeli gas import benefits Egypt economy
Business
March 25, 2015
EFG Hermes says potential Israeli gas import benefits Egypt economy
EFG Hermes, one of the Middle East’s biggest investment banks, has praised Egyptian investors’ plans to import natural gas from…
Ministry: Egypt raises gas price for DEA to $3.50 per mmBtu
Egypt
March 23, 2015
Ministry: Egypt raises gas price for DEA to $3.50 per mmBtu
Egypt has agreed to pay Germany-based DEA 40 percent more for the natural gas it extracts in the Nile Delta…
$9 billion in UAE and Saudi investments for new power stations
Business
March 15, 2015
$9 billion in UAE and Saudi investments for new power stations
The New and Renewable Energy Authority has signed a memorandum of understanding with the UAE Masdar company to build a…
Energy, bride of the economic summit , Govt offers 24 projects in oil and electricity
Business
March 13, 2015
Energy, bride of the economic summit , Govt offers 24 projects in oil and electricity
The energy crisis of Egypt that had reached unprecedented levels has produced promising investment opportunities for private sector companies in…
Nine steps taken to reform Egypt’s energy system
Business
March 13, 2015
Nine steps taken to reform Egypt’s energy system
- Government decree issued in June 2014, restructuring the energy subsidization system and gradually raising energy prices by 2019.- Repayment…
Petroleum Minister: Egypt could import gas from Israel
Business
March 5, 2015
Petroleum Minister: Egypt could import gas from Israel
Egypt will take the controversial decision to import natural gas from Israel if the price is suitable and the Spanish…