Latest news
Eni finds about 15 billion cubic meters of gas in Egypt
Italy's Eni has found gas reserves of approximately 15 billion cubic metres in Egypt's Nile Delta region, with production ready to begin in two months, as stated by the Egyptian oil ministry on Monday.
read more... 21/07/2015
Egypt inks energy import agreement with Russia’s Rosneft
Egypt and Russia's major oil producer Rosneft have inked two initial agreements for the delivery of petroleum products and liquefied natural gas to Cairo, as stated by the two sides on Tuesday.
read more... 08/07/2015
Egypt increases gas price paid to Italy’s Eni and Edison
Egypt has increased the prices it pays Eni and Edison for the natural gas they produce in the country, as stated on Sunday by an official with state-owned gas firm EGAS.
read more... 06/07/2015
BP inks LNG supply deal with Egypt amid its severe gas shortage
British oil giant BP has inked a deal to supply 16 cargoes of liquefied natural gas (LNG) through 2015 and 2016 to state-owned Egyptian Gas (Egas). The final quantity is less than 21 cargoes as previously envisaged.
read more... 24/06/2015
Cyprus gas field expected to annually produce 8 bcm with pipeline to Egypt
The Aphrodite natural gas field off Cyprus is commercially feasible and plans require to yearly produce 8 billion cubic metres (bcm) and building of a pipeline to Egypt, as stated by the associates behind the project on Sunday.
read more... 08/06/2015