The International Gas Union, a global body that represents all natural gas producing and consuming countries, has membership strength of 91 countries representing 97% of production
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BP makes 3rd gas discovery in Egypt concession
The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 metres in water depth of around 108 metres
Saudi Aramco resumes Egypt oil deliveries
Saudi Arabia agreed to finance Egyptian imports of refined products from Aramco for five years in a $23bn deal, but the shipments were suspended last October due to a spat between the two countries
Aramco to resume oil shipments to Egypt soon
The Egyptian ministry said in a statement it was working out a timetable with Aramco for the resumption of shipments
Egypt nearing deal with Iraq to import crude oil
Cairo’s search for additional crude comes after Saudi Aramco halted shipments of oil products to Egypt last year
Egypt pays Eni for the “Zohr” development deal
Egypt’s foreign reserves rose to $26.363bn at the end of January, but were still about $10bn less than the reserves before an uprising in 2011 ushered in a period of political turmoil
Dana Gas to raise Wastani gas production in Egypt
The current production of WASCO is estimated at 195mn cubic feet of natural gas and 6,200 barrels of condensates per day
Egypt’s power sector seizes 60% of natural gas
The rise in natural gas consumption of all Egyptian sectors within the last years was the main factor behind government’s decision to liberalise gas market
Egypt’s bill of importing natural gas hit $250mn
The Egyptian government would continue importing natural gas until reaching self sufficiency within the coming two years
Egypt signs $220mn of oil and gas deals
The deals include drilling for six wells and a signing bonus of $9mn and are the result of a tender called by Egyptian state gas board EGAS