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Egypt is expected to restart natural gas supplies to Jordan in mid-May after officials from the two countries held series of meeting to discuss the issue. Reports say that Egypt may initially begin with supplying 150 million cubic feet per day — well below the 220 million cubic feet stipulated...
Egyptian companies have terminated a long-term deal to supply Israel with natural gas. The moves places Israel in risk of facing summer power outages due to energy shortages. Ampal-American Israel Corporation, a partner in the East Mediterreanean Gas Company (EMG), which operates the...
The 14th attack on the Arab Gas Pipeline which took place on Monday is likely to prolong the disruption of Egyptian gas supplies to Jordan. Amman has yet to receive information from Cairo regarding the required time to repair the damages sustained by the latest blast. Continuous attacks on the...
Beach Energy Limited has announced its fourth consecutive discovery at the El Salmiya-1 exploration well in the Egyptian Abu Sennan concession. The well is the fourth well drilled as part of a six well exploration program. El Salmiya-1 reached total depth in the Kharita Formation at 3,799...
Israel is looking to depend on its own natural gas supplies in order to move away from supplies from Egypt. The Egypt-Israel gas pipeline, strategically important for both Israel and Egypt, has come under attack many times in last few months. Israel gets almost 40 percent of natural gas from this...
Supplies of natural gas from Egypt to Israel have been disrupted after a section of a pipeline that carries gas from Egypt to Israel and Jordan exploded. The explosion occurred near the northern Sinai city of Arish. The blast is the latest in a series of attacks on the pipeline in recent months. Egypt...
Egypt is hopeful that it can successfully renegotiate a new natural gas deal with Israel after it did the same with Jordon. Government official in Egypt say the price of gas to Israel would rise to between $5 and $10 per million metric thermal units (MMBTU). The establishment has seen protests over...
Dana Petroleum has received the approval for its joint venture with Egyptian General Petroleumonm Corporation from the Egyptian authorities. The JV called Petro Kareem will produce oil and gas from the Lorcan Development lease, within the North Zeit Bay concession, located onshore in the Gulf...
Israel Electric Corporation is expected to opt for liquefied natural gas (LNG) instead of Egyptian natural gas due to erratic supplies from Egypt. Currently, supplies from Egypt have been suspended. Although the LNG would cost 2-3 times the price of Egyptian natural gas, it would still be 50% less...
RWE AG reportedly plans to divest its oil and gas concessions in Egypt as part of programme to shore up its balance sheet. In 1999, RWE Dea took over assets from Deminex in Egypt, which have been operating since 1974. In recent years the company made a number of major gas discoveries in Egypt and boosted...