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A well was drilled in the end of January and tests showed that it has layers of hydrocarbons.
05.04.2015 State Information Service
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Hoegh signed a five-year contract with Egypt in November 2014 to provide the import terminal and the country has since agreed to a number of LNG import deals.
03.04.2015 Ahram Online
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Egypt spent 44.8 billion Egyptian pounds on fuel subsidies in the first half of the current fiscal year.
31.03.2015 Business Report
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Petrochemicals firm posted annual net profits of LE996.6 million for the year ended in December, down from LE1.3 billion the previous year.
30.03.2015 Ahram Online
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PTT bought the stake in EMG for $487 million.
27.03.2015 Reuters Africa
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Mashreq aims to take in a foreign partner to cover 40 per cent of the expenses of the second phase.
22.03.2015 Trade Arabia
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MOPCO is third biggest nitrogen producer globally
22.03.2015 Daily News Egypt
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Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply.
19.03.2015 Daily News Egypt
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Egypt has been slow in developing its own sizable gas resources and is seeking numerous import options.
19.03.2015 Reuters
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Russian firm Gazprom will start deliveries of liquefied natural gas in the second half of 2015.
18.03.2015 Ahram Online
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