Egypt

Egypt continues its push for CNG

Cargas and Gastec, representing the Egyptian Ministry of Petroleum and Mineral Resources, have signed contracts worth €11.3 million (EGP 200M) to finance the national programme to convert cars to run on natural gas.

MoP, Energean discuss plans to expand natural gas production in Egypt

The meeting saw a review and follow-up of the ambitious plan of the company operating in the areas of Abu Qir, North Idku and North Amriya in the Mediterranean. The company aims to put the gas discoveries in North Idku and North Amriya on the production map by linking new wells with Abu Qir production facilities, adding about 150 million cubic feet per day of natural gas.

QatarEnergy teams up with Shell on two blocks offshore Egypt

QatarEnergy has signed a deal with Anglo-Dutch supermajor Shell to come on board two exploration blocks offshore Egypt in the Red Sea

EGAS offers LNG cargo for late December loading: sources

Egyptian natural gas company (EGAS) has offered a liquefied natural gas (LNG) cargo for loading from the Damietta LNG plant on December, three industry sources said.

Urgency versus realistic: US and Egyptian leaders advocate differing energy transition strategies

US and Egyptian government officials highlighted differing strategies for tackling the energy transition during a ministerial plenary session of the 23rd World Petroleum Congress in Houston on Monday.

Egypt to launch natural gas-powered bus fleet in 2022

Egypt will launch its first fleet of buses powered by natural gas next year, Minister of Public Enterprise Hisham Tawfik has said.

Fuel prices in Egypt have reached a cap and will not increase

Fuel prices will not rise in Egypt, even if international prices rise more than this ratio, according to Tarek al-Mulla, Minister of Petroleum

Egypt, Spain renew 400-mln-euro financial cooperation protocol

Prime Minister Mostafa Madbouly announced on Wednesday that the Egyptian and Spanish governments renewed a financial cooperation Protocol – worth nearly 400 million euros – during the co-inauguration of the Spanish-Egyptian Business Forum in Cairo, attended by Spanish PM Pedro Sanchez.