egas

Coronavirus: EGAS ends 2 agreements with foreign partners over non-compliance

Sat, 25 Apr 2020 - 10:26 GMT

The EGAS, in a statement issued on Saturday, said a settlement agreement and another framework agreement signed with ENI, Naturgy, Union Venusa Gas and the Spanish Egyptian Natural Gas Company (Cigas) were canceled.

EGAS plans to up output to 7.5 bn cubic feet daily in FY 2020-21

Thu, 27 Feb 2020 - 12:44 GMT

The company also signed four development contracts with a total of $20 million grants.

Egypt signs $43M oil exploration deal with EGAS, Wintershall Dea

Tue, 11 Feb 2020 - 11:49 GMT

The new agreement was signed with the Egyptian Holding Company for Natural Gases "EGAS" and the German company Wintershall Dea, the ministry clarified in a statement.

EGAS contributes to establishing company by $6M

Wed, 22 Jan 2020 - 02:02 GMT

It clarified that 25 percent of the amount will be paid in advance, at a value of $1.5 million.

LNG Edco’s production exceeds 90% of total capacity

Tue, 19 Nov 2019 - 02:18 GMT

The volume of production of the liquefaction plant in Edco is expected to reach 100 percent in the coming period, the sources said.

Egypt exports 172.8B feet of LNG in 2018/19

Mon, 21 Oct 2019 - 02:29 GMT

The company's annual report of the fiscal year 2018/2019 said that 45 gas shipments were exported during the last fiscal year.

EGas turns into profitability in Q1 2019

Thu, 16 May 2019 - 10:15 GMT

The company reached revenues of LE 606.94 million by the end of March, compared to LE 397.33 million during the compared period of the previous year.

NOMP, EGAS ink cooperation protocol to manufacture smart gas meters

Thu, 18 Apr 2019 - 04:03 GMT

The protocol aims at improving and producing prepayment gas meters that are smart and up to the international standards.

Egypt joins major gas-exporters’ club

Sun, 17 Mar 2019 - 12:42 GMT

Egyptian Natural Gas Holding Company (EGAS) tendered to sell four cargoes of liquefied natural gas (LNG) for loading in April.

Minimum investment in Petroleum Authority, EGAS bids amounts to $750M

Tue, 12 Feb 2019 - 02:13 GMT

Shell Egypt NV Company won five sectors of EGAS biddings

Eni, Tharwa to dig Noor Field within 1 week

Thu, 20 Sep 2018 - 02:38 GMT

Egypt has recently signed several oil agreements for the exploration of oil and gas in several areas, including the Mediterranean and the Gulf of Suez.

EGAS provides 2.1T cubic feet of gas to local market in 2017/18

Mon, 17 Sep 2018 - 10:48 GMT

The ministry has also been maximizing its efforts in the Household Natural Gas Connection Project that aims at increasing household access to reliable, lower cost and grid connected natural gas supply.

Petroleum ministry: taking needed measures over $2B payment to Union Fenosa Gas

Thu, 06 Sep 2018 - 08:57 GMT

The ministry noted that EGAS failed to supply the project with gas due to the difficult situation in Egypt following the 25 January, 2011 revolution.

Business News Wrap-up

Tue, 24 Apr 2018 - 05:30 GMT

A wrap-up of the most prominent business news of the day.

Egypt. Italy sign MoU on natural gas infrastructure projects

Tue, 24 Apr 2018 - 02:09 GMT

EGAS and Italian natural gas infrastructure company Snam will cooperate in natural gas infrastructure projects and machinery manufacturing.

Egypt’s natural gas production rises to 3.4M tons in December 2017

Tue, 06 Mar 2018 - 09:07 GMT

Egypt’s production of natural gas increased in December 2017 to reach 3.4 million tons, up from 2.7 million tons in December 2016.

Egypt achieves 800 oil, gas discoveries in 15 years

Sun, 04 Mar 2018 - 03:00 GMT

During this period, the ministry achieved 520 crude oil discoveries, according to figures from state statistics agency CAPMAS.

Egypt’s gas production to reach 6B cubic feet daily by June

Sun, 18 Feb 2018 - 01:03 GMT

Egypt’s natural gas production will reach some six billion cubic feet a day by the end of fiscal year 2017/18, Deputy Chairman of EGAS said Sunday.

EGAS arranges delivery of 3 LNG cargoes

Sun, 18 Feb 2018 - 08:50 GMT

EGAS has arranged the delivery of three liquefied natural gas (LNG) cargoes from France’s Engie in the second quarter of 2018.

EGAS to issue natural gas exploration tender in 9 blocks before June

Thu, 15 Feb 2018 - 02:46 GMT

The Egyptian Natural Gas Holding Company will issue a tender for onshore and offshore natural gas exploration in nine blocks, the company's Vice Chairman said.

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