Newsletter subscribe
Tag: North Alexandria
tarek el molla

El Molla: Natural gas market regulatory authority to be established before end of 2017

Posted: November 15, 2016 at 12:32 pm   /   Oil & Gas

Petroleum companies being offered on EGX will be announced this November. The Ministry of Petroleum and Mineral Resources is aiming to complete the law to establish a regulatory authority for the natural gas market, said minister Tarek El Molla. The law has been presented to the State Council and is expected to be completed before […]

No Comments read more

Egypt chases own energy sources as government struggle to meet demand

Posted: October 24, 2016 at 2:02 pm   /   Oil & Gas

Egypt will boost production of natural gas to 5 billion cubic feet per day in the 2017-2018 fiscal year as the giant Zohr field comes online, but will still also ramp up gas imports to feed a spike in consumption, Oil Minister Tarek El Molla said. Once an energy exporter, Egypt has turned into a […]

No Comments read more
BP Egypt

BP to process 650 mcf/d of North Alexandria gas at Shell’s Burullus processing plant

Posted: October 18, 2016 at 6:25 pm   /   Oil & Gas

BP’s agreement with Royal Dutch Shell will see gas produced from North Alexandria project at $0.3 per million feet, says source. BP signed an agreement with Royal Dutch Shell to process 650m cubic feet of gas, produced from its North Alexandria project, at Shell’s Burullus station for $0.3 per million feet. A senior source in […]

No Comments read more
BP

BP acquires Shell’s Rosetta gas plant for $128 million

Posted: September 27, 2016 at 8:33 pm   /   Oil & Gas

Giza and Fayoum fields in northern Alexandria will produce 420m cubic feet per day in 2019, says source. BP acquired Shell’s Rosetta gas treatment plant in Rashid for $128m and received it in April. The plant will be prepared to be linked to the production of Giza and Fayoum gas fields in northern Alexandria. A […]

No Comments read more

GASCO to hire domestic companies for transporting natural gas from Raven field to Western Desert Gas Complex

Posted: August 2, 2016 at 2:08 pm   /   Oil & Gas

The Egyptian Natural Gas Company (GASCO) could potentially hire domestic energy companies such as Enppi and Petrojet to provide technical support as well as engineering and design services to transport gas from the Raven field in the North Alexandria Concession to the Western Desert Gas Complex, an unnamed source told Al Mal. Natural gas would […]

No Comments read more

GASCO studies investing $500 million in Western Desert Gas Complex

Posted: July 26, 2016 at 12:50 pm   /   Oil & Gas

The Egyptian Natural Gas Company (GASCO) is studying investing USD 500 million in the second phase of the project to increase the production of the ethane-propane mix from the Western Desert Gas Complex, Al Shorouk reported. The company is also studying a project to transport natural gas from the Raven field in the North Alexandria […]

No Comments read more
lng

Interfax: All quiet on Egypt’s LNG export front until after 2020

Posted: July 17, 2016 at 8:17 pm   /   Oil & Gas

Industry sources from inside and outside Egypt are confident the country can resume exporting LNG by the end of the decade. However, they have warned that the number of cargoes shipped from Idku will not rise out of single digits per year before then. A source from Egypt’s Ministry of Energy, who wished to remain […]

No Comments read more

Egypt to develop 5 new oil & gas fields from Q3 of 2017 to 2019

Posted: June 27, 2016 at 8:26 pm   /   Oil & Gas

The Government of Egypt has put measures in place to commence the development of five new oil and gas fields from Q3 of 2017 till 2019. The five fields are Taurus, Libra, Giza, Fayoum, and Raven, an official source revealed. According to this source, the Q3 of 2017 will also see BP restarting all the […]

No Comments read more

OTC 2016: Egypt posed for growth to meet growing energy demands

Posted: May 4, 2016 at 1:33 am   /   Oil & Gas

As Egypt’s dependency on gas increases, particularly electricity, the country is in the midst of restructuring to meet its energy demands as well as becoming a regional energy hub, commented Tarek El Molla, Egypt’s Minister of Petroleum and Mineral Resources, at the Offshore Technology Conference (OTC) 2016. The minister shed light on several investment opportunities, […]

No Comments read more

Bechtel discusses possibilities of participation in energy projects

Posted: December 15, 2015 at 9:02 pm   /   Oil & Gas

The Minister of Petroleum and Mineral Resources, Eng. Tarek El-Molla discussed with David Welch, Bechtel’s Senior Vice President and President of the Europe, Africa and Middle East Region, current and future projects in the oil, gas and petrochemicals sectors. Discussions covered the possibility of participation by Bechtel in the implementation of new projects and investment […]

No Comments read more