2nd in less than a week..Egypt announces new gas discovery

Sun, 15 Jan 2023 - 05:53 GMT

This comes less than a week after the announcement of a gas discovery in Egypt by the German company Wintershall Dea, on Thursday, Jan. 12, in one of its concession areas in the Nile Delta.

Eni announces new gas discovery in Egypt

Sun, 15 Jan 2023 - 04:03 GMT

The Nargis-1 well has encountered approximately 200 net feet (61 m) of Miocene and Oligocene gas bearing sandstones and was drilled in 1,014 feet (309 m) of water by the Stena Forth drillship.

Egypt's production of gas doubles in 8 years

Wed, 28 Dec 2022 - 01:05 GMT

Egypt’s production of natural gas was not halted during the coronavirus outbreak despite the worldwide suspension of production as a result of the crisis.

Egypt's natural, liquefied gas exports increase to $7.8 bln in 2022

Wed, 28 Dec 2022 - 10:33 GMT

Egypt's natural and liquefied gas exports have seen an increase reached, $7.8 billion, which is equivalent to 160 billion pounds, during the period (January-October 2022), ranking Egypt the first in the Arab world.

Egypt's President Sisi directs to accelerate gas, oil exploration

Thu, 22 Dec 2022 - 04:10 GMT

Also, the president directed the Ministry of Petroleum to accelerate implementing the project of Sodium carbonate, Na₂CO₃, Complex in the new city of El Alamein. Rady continued.

Egypt to host biggest edition of EGYPS in 2023, driving global efforts towards sustainable energy

Sun, 18 Dec 2022 - 02:19 GMT

The Egypt Petroleum Show (EGYPS) 2023 is held under the auspices of His Excellency President Abdel Fattah El Sisi and with the support of the Ministry of Petroleum & Mineral Resources from 13-15 February 2023.

24 gas-related agreements worth $2.7B signed in 4 years, says official

Tue, 13 Dec 2022 - 03:05 GMT

In four years, 24 agreements were signed in the Mediterranean and the Nile Delta with investments totaling $2.7 billion and grants worth nearly $25 million, Raslan added.

Egypt's gas production up 6.5 bcf per day: Molla

Mon, 12 Dec 2022 - 02:36 GMT

The Mediterranean region is still full of many resources, he said, adding the coming period requires cooperation of all peoples to achieve hopes, stability and development for countries.

Egypt aims to increase gas exports to $1B per month in 2023

Thu, 08 Dec 2022 - 11:00 GMT

Maait elaborated during his speech on the sidelines of the "Euromoney Egypt 2022" conference, that the current gas exports amounts to $600 million per month.

US Chevron discovers 3.5tcf gas well in Egypt

Sun, 04 Dec 2022 - 03:43 GMT

The discovery will be a huge boost to Egypt which has seen its output fall from a peak of 7.2bn cfd last September to 6.5bn cfd for Q3.

Petroleum minister indicates amount of Egypt's LNG exports to European markets in 2022

Mon, 28 Nov 2022 - 11:36 GMT

The figures reflect a growth as the country exported seven million tons of LNG to European markets in 2021.

Environment Ministry highlights efforts on cutting greenhouse gas emissions at COP27

Sat, 19 Nov 2022 - 11:34 GMT

The program shed light on the ministry’s efforts to cut harmful greenhouse gas emissions and develop plans on facing the negative impacts of the climate changes.

Palestinian Authority in talks with Egypt to develop natural gas field off Gaza Strip’s coast

Mon, 17 Oct 2022 - 02:02 GMT

Egyptian Minister of Petroleum Tarek el-Molla revealed that Egypt has developed its gas infrastructure, and will coordinate with the Palestinians in Gaza to develop their gas fields, Dostor newspaper reported on Monday.

EGAS announced 5 new gas discoveries in Mediterranean Sea, Nile Delta

Wed, 28 Sep 2022 - 03:56 GMT

Gas exports increased by 44 percent during 2021/2022 on an annual basis, as 84 shipments of liquefied natural gas were exported from the gas liquefaction plants in Idku and Damietta.

Gas deal between Egypt, Lebanon stalled because of WB new terms: Minister

Mon, 19 Sep 2022 - 10:06 GMT

He added that the World Bank has set a ten-term condition, the most prominent of which is increasing the tariff price. He noted that Lebanon already has formulated how the new tariff will cover the expenses.

Egypt's rationalization policies 'saved surplus quantites of gas' and helped export to Europe: Cabinet Spox

Thu, 15 Sep 2022 - 06:46 GMT

The official spokesman for the Council of Ministers, Nader Saad, said that the government agencies are committed to measures to rationalize electricity, and accordingly, the lights are turned off after the end of official working hours.

Zohr gas field production jumps to 2.7B cubic meters per day

Mon, 29 Aug 2022 - 05:39 GMT

Current production from Zohr gas field hiked to 2.7 billion cubic meters per day, added the ministry Mondayز

Egypt assigns offshore concession area "northeast of El-Arish" to EGAS, Eni to search for gas

Thu, 25 Aug 2022 - 01:47 GMT

The Cabinet said in a statement, Thursday, that the project is being built within the framework of the trend towards expediting the exploratory operations in the "Northeast of Al-Arish" offshore area.

Value of Egyptian non-oil exports drop by 18.3% on YoY basis

Tue, 23 Aug 2022 - 04:12 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022.

Egyptian gov't directs electricity consumption to save, export gas used in stations

Wed, 10 Aug 2022 - 03:37 GMT

The government is currently working on investing in the most important resource it owns, which is natural gas, to which huge investments have been directed in the past,” Prime Minister Mostafa Madbouli said on Tuesday.