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No new changes to natural gas prices for homes: Petroleum Ministry of Egypt

Egypt’s Ministry of Petroleum and Mineral Resources announced on Monday that there are no new changes to natural gas prices for homes and businesses. A ministry statement explained that reports spread on Sunday concerned prices that were approved during the last package in September, in an effort to narrow the gap between prices and production …

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In a first, Egyptian companies to deliver natural gas to homes in Europe

The Egyptian Petroleum Sector, represented by the Egyptian Natural Gas Distribution Company for Cities (Town Gas), has signed contracts to implement local manufacturing projects for natural gas pressure reduction stations inside Egypt, as well as to deliver natural gas to homes and other facilities inside Romania. This comes after Town Gas was approved by the …

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Total natural gas production of Agiba, Pharaonic Petroleum surpasses 205 million cubic feet per day: Petroleum ministry

The total natural gas production of Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) reached 205 million cubic feet per day during FY 2022/2023, said the Petroleum and Mineral Resources Ministry.  In statements Sunday, Petroleum and Mineral Resources Minister Tarek al-Molla said that the petroleum ministry is currently intensifying its exploration activities in petroleum and …

The post Total natural gas production of Agiba, Pharaonic Petroleum surpasses 205 million cubic feet per day: Petroleum ministry appeared first on Egypt Independent.

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Interview – Africa depends on Egypt for natural gas: Chairman of the African Energy Chamber NJ Ayuk

The head of the African Energy Chamber, N.J. Ayuk, told Al-Masry Al-Youm in an exclusive interview that Africa relies on Egypt as a dependable source of natural gas, which will revolutionize the continent. Ayuk explained that the chamber plans to establish a branch in North Africa, with Cairo to be involved. Small projects are being …

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Wintershall Dea discovers new natural gas well in Disouq concession

The German Wintershall Dea company announced a new natural gas discovery within the Disouq concession in the onshore Nile Delta region in Egypt, RT reported. Operations centered on the new exploration well (NSG-3) in the Abu Madi reservoir within the Disouq concession under a field development agreement in this area. The new discovery comes after …

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Petroleum minister probes with Jordanian parliamentary delegation cooperation in natural gas domain

Minister of Petroleum and Mineral Resources Tarek El Mollah has discussed with a Jordanian parliamentary delegation cooperation in the natural gas domain and means to transfer Egypt’s expertise in gas projects, especially the conversion of vehicles to operate on natural gas, to Jordan. In a press release Friday, the minister hailed the deeply-rooted relations between …

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Russia is burning about $10 million worth of natural gas a day while it curbs exports to Europe, research says

Rystad Energy, an energy research company, estimates that Russia is burning about $10 million worth of natural gas a day as it severely restricts its exports to Europe. “Satellite monitoring of radiant heat levels shows that since 11 July 2022, Russia has been flaring large amounts of natural gas at the Portovaya LNG facility being built …

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Finnish gas firm Gasum says Russia will cut off natural gas supplies to Finland on Saturday

Finland’s main gas company, Gasum, said on Friday that Russian gas supplies to Finland will be cut off on Saturday at 7 a.m. local time (midnight ET). Starting Saturday and during the upcoming summer season, Gasum will supply natural gas to its customers from other sources, the state-owned firm said in a press release. “It …

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