Newsletter subscribe
Tag: El Burg
ElBurg

Egypt modifies gas price of El-Burg offshore concession to $5.88/MMBtu

Posted: February 10, 2020 at 3:53 pm   /   Oil & Gas

Egypt agrees price indexing of Mediterranean’s El-Borg concession capped at $5.88/MMBtu. The Egyptian Natural Gas Holding Company (EGAS), Shell, and BP have signed an agreement to modify gas prices at El-Borg marine concession area in the Mediterranean Sea, through a price index formula linked to the global price of crude barrel, with a maximum price […]

No Comments read more