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First gas import license to be granted in 2018

An official source at the Ministry of Petroleum and Mineral Resources said that the executive regulation of the gas market regulation law is expected to be completed within the next month. According to the source, the members of the Natural Gas Market Regulatory Authority will be announced next month, while next month will also see …

Ahmed Ismail

Egypt to stop importing gas by end-2018: EGAS

According to Vice President of the Egyptian Natural Gas Holding Company (EGAS) Magdy Galal, the company aims to stop importing liquefied natural gas from abroad by the end of next year. According to Galal, the Ministry of Petroleum owns the bulk structure that qualifies Egypt to become a regional energy hub. It owns the Sumed …

Ahmed Ismail

850bn cubic metre gas reserves in Zohr field 

Zohr, a natural gas field,  is the largest discovered field in Egypt and the Mediterranean Sea, with gas reserves estimated at 850bn cubic meters, according to Eni Company. The Zohr gas field is an offshore natural gas field located in the Egyptian sector of the Mediterranean Sea. The field is located in the Shorouk concession, …

Daily News Egypt

Zohr field investments amount to $16bn

Minister of Petroleum and Mineral Resources Tarek El Molla said that the development of the Zohr field in the Shorouk concession area in the Mediterranean is proceeding well according to the plan. The project’s plan aims to produce about one billion cubic feet of gas per day in the first stage by the end of …

Daily News Egypt