Friday 1 August 2014

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.


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


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


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


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


Hill forms JV with Egyptian firms

Hill International has entered into an agreement with the Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian Natural Gas Co. (Gasco). The two subsidiaries of the Egyptian Ministry of Petroleum, in alliance with the the worldwide cons


Dana Gas makes new gas discovery

Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has discovered a new gas well. The new well is drilled in its Egyptian concessions, adding a  further new well  to what  were already

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