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Tag: Russia

FT: Geopolitics cloud prospects for East Mediterranean gas finds

Posted: January 9, 2018 at 3:29 pm   /   Oil & Gas

Fields are attractively close to Europe but political risks make development complex. When gas started flowing from the Zohr field last month it was an important step in Egypt’s drive for energy independence and signified that the eastern Mediterranean was finally establishing itself as a force in gas production. Claudio Descalzi, chief executive of Eni, the […]

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Rosneft to supply Egypt with 10 LNG cargoes in 2017

Posted: March 22, 2017 at 8:03 pm   /   Oil & Gas

A trading unit of top Russian oil producer Rosneft has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company EGAS this year. The first delivery by Rosneft Trading SA (RTSA) is expected in May, Rosneft said. “This agreement will help to further strengthen the strategic partnership […]

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Oil Minister pitches investment opportunities to Russia’s Zarubezhneft

Posted: November 3, 2016 at 1:10 pm   /   Oil & Gas

Oil Minister Tarek El Molla pitched E&P investments in Egypt to a delegation from Russian state-owned energy company Zarubezhneft at a sitdown on Wednesday, Al Borsa reports. It was agreed that future meetings will take place to outline potential opportunities. The company operates in Vietnam, Cuba, Croatia and Jordan among others. (Source:

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