TAQA Arabia to build 180 natgas filling stations with EGP 3.6 bn investment
TAQA Arabia will invest EGP 3.6 bn to build 180 natgas filling stations between now and 2023, Executive Chairman Khaled Abu Bakr told Kelma Akhira’s Lamees El Hadidi last night. Qalaa Holdings’ energy distributor was announced last week as a private sector partner that will help expand the country’s network of natgas stations as more […]
United O&G announces completion of Abu Sennan ASH gas pipeline
ASH gas pipeline completed on 27th December, contributing an additional 5.45 MMscf/d (1,090 boepd) gross Gas recovery rates improved across the Abu Sennan Licence Environmental performance enhanced across the Licence AIM-listed United Oil & Gas has announced the completion of the ASH gas pipeline in the Abu Sennan Licence, Egypt. United holds a 22% working […]
Egyptian LNG exports soar on back of rising LNG spot price – S&P Global Platts
Nine cargoes shipped from Shell facility since late-October Exports had dried up in March on low prices before rally JKM Asian LNG spot price trading at $10.05/MMBtu Egyptian LNG exports from the Shell-operated Idku plant — the country’s only operational LNG facility — have been coming thick and fast in recent weeks following a sustained […]
Egypt’s natural gas transition is in line for a boost by the government
Subsidized loans and more may be in the cards for those looking to convert petrol-powered cars to run on natural gas after President Abdel Fattah El Sisi called on the Central Bank of Egypt (CBE) and the Madbouly government to provide car owners with “appropriate” financial incentives. The president made the remarks at a meeting […]
Eni reaches agreement with partners for restart of LNG plant in Damietta, Egypt
Eni reaches an agreement with its partners for the restart of the liquefied natural gas plant in Damietta, Egypt and for the amicable settlement of disputes related to Union Fenosa Gas Today’s agreements, which are in line with the ones finalized last February and take into account the evolution of the energy scenario, allow to […]
EMG gas pipeline faces ownership change as Delek plans LSE spin-off
Delek Drilling to transfer ownership in Israel-Egypt gas pipeline to new company as part of LSE spin-off plan: Delek Drilling, one of the main operators of Israel’s large offshore gas fields, is planning to spin off most of its assets into a new company it will IPO on the London Stock Exchange, according to a […]
GASTEC to establish 400 new Natural Gas Stations in next 2 years
Natgas auto conversion plans: Sherdy interviewed Abd El Fattah Farhat, the head of the Egyptian International Gas Technology Company (GASTEC), who said that the government plans to convert 264k cars to run on natural gas in the coming two years. This comes a few days after Oil Minister Tarek El Molla told the Adipec oil […]
BP announces gas production startup at Atoll-4, Qattameya fields
BP announced 2 important gas production startup milestones: Qattameya gas field in the North Damietta offshore concession, in which bp holds 100% equity in the concession located in Egypt’s East Nile Delta. It is expected to produce up to 50 million cubic feet of gas/day. And Atoll – 4 which includes an estimated production of […]
Idku gas liquefaction plant exports its first LNG shipment in 3 months
The Idku gas liquefaction plant is preparing to export its first natural gas shipment in three months, energy intelligence firm Kpler said, according to Reuters. The Cape Ann tanker arrived at Idku Port yesterday from Norway in order to transport the shipment, according to MarineTraffic. Egyptian gas exports have dried up since March after the […]
BP starts gas production from Qattameya field offshore Egypt
BP today announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. Through bp’s joint venture, Pharaonic Petroleum Company (PhPC), the field, which is expected to produce up to 50 million cubic feet of gas per day, has been developed through a […]
