Wednesday 10 February 2016
 
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EGAS

BP wins 3 blocks in Egypt; $229m investment planned

BP Egypt has been awarded three new exploration blocks in the 2015 Egyptian Natural Gas Holding Company (EGAS) bid round, the company has announced. BP and its partners have committed to invest a total of $229 million in the block

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Egypt's Egas seeks 4 LNG cargoes via Jordan terminal

Egypt's state-owned gas company Egas is seeking four cargoes of liquefied natural gas (LNG) for delivery to Jordan's Aqaba terminal, three traders said.   Egas has approached existing suppliers for the ca

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King & Spalding advices BW Gas in Egypt LNG project

King & Spalding, a leading international law firm, has advised BW Gas in connection with its tender to provide Egyptian Natural Gas Holding Company (EGAS) with LNG regasification services utilising a floating storage regasification unit (F

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Egypt, Jordan sign gas sector co-operation deal

Egyptian Natural Gas Holding Company (Egas) and the Jordanian-Egyptian FAJR Company have signed a deal on gas sector co-operation, according to a report. The memorandum of understanding (MoU) was signed to tap into the infrastruct

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Egypt awards $2.2bn LNG tender to four foreign firms

Egypt's state gas board has awarded a $2.2 billion tender to import 75 cargoes of liquefied natural gas (LNG) to four international firms, its chairman said, as the country seeks new energy sources.   Declini

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Egas expects delay in gas import terminal

Egypt expects a delay in the delivery of an import terminal for liquefied natural gas (LNG), a plant that is expected to help it combat the worst energy crisis in years, a source at Egyptian Natural Gas Holding Company (Egas) said on Sunday.

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Egypt names new chief of state gas firm

Egypt has appointed Khaled Abdel Badie as chairman of state-run Egyptian Natural Gas Holding Company (Egas), the oil ministry said, as the country grapples with a looming energy crunch. Badie, the vice-chairman of Egas, replaces T

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Egypt to sign new deals with foreign gas firms

Egypt is revising the prices it pays to buy gas from foreign energy companies operating in the country and plans to sign new contracts to "reassure" the firms, al-Mal newspaper quoted the oil minister as saying. Sherif I

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Egypt diverts gas from factories to power plants

Egypt's state gas company Egas will cut back on the amount of gas it supplies to factories to keep electricity plants running instead during the peak summer months, Al Borsa newspaper reported on Wednesday. The move signals th

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Egypt weighs up offers oil and gas blocks

Egypt is still evaluating offers it received for its latest oil and gas bid round offering 11 blocks in the Gulf of Suez  and the South Eastern Desert, the country's oil minister said on Saturday. 'I think they are under asses

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