Gas can be piped directly to Egypt from the field off Cyprus' southern coast that is estimated to hold 3.6 trillion to 6 trillion cubic feet of the fossil fuel.
26.11.2014
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News by
Fresnobee
Egypt's energy crisis does not only harm households but industries, which in turn reflects in poorer economic performance.
Papers by
Hussein Kamal Mehrem
BP holds 50% interest in the Denise-Karawan (Deka) natural gas development offshore the Nile Delta, which started production in August.
15.11.2014
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News by
Oil & Gas Journal
Egypt has delayed payments to oil and gas firms as its economy has been hammered by almost three years of instability.
15.11.2014
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News by
Daily Star Lebanon
The government has targeted energy-intensive cement companies for cutoffs while its priority has been to preserve gas for power generation.
06.11.2014
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News by
Reuters
Saudi Arabia, Kuwait and the United Arab Emirates have together provided Egypt with billions of dollars in grants, loans and petroleum products.
05.11.2014
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News by
AlArabiya
Two loan agreements signed on Saturday worth a total of about $100 million will be invested in two electricity stations.
02.11.2014
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News by
Ahram Online
BG is in advanced talks with Israel to import gas supplies into Egypt and this week began similar discussions with Cyprus aimed at restoring output.
24.10.2014
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News by
Ahram Online
BG Egypt, a subsidiary of global energy company BG held talks on Tuesday to import natural gas from Cyprus, the company said on Wednesday.
23.10.2014
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News by
AlArabiya