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Natural gas
Egypt's prime minister said on Sunday the decision to reduce natural gas prices for iron and steel factories is temporary and will last one year.
كتب: Aswat Masriya
Egypt will double its natural gas production by the second quarter of 2017 aas a result of 2015's discoveries, Prime Minster Sherif Ismail said on Tuesday.
The Israeli government has given the approval Thursday to begin exporting natural gas to Egypt, according to the Israeli press. Meanwhile, Egypt awaits the result of its appeal of an international court's ruling requiring it to pay $1.7 in compensation to Israel for halting gas supply in 2012.
كتب:
Italian oil and gas company Eni has discovered natural gas in Egypt’s Nile Delta, with initial estimates suggesting a quantity of 15 billion cubic meters of gas and condensate, Egypt’s Petroleum Ministry said on Monday.
Emirati private sector firm Dana Gas started drilling a development well onshore Egypt's Nile Delta, the company said on Sunday.
Aswat Masriya English