Showing posts with label Daily Gas Imports. Show all posts
Showing posts with label Daily Gas Imports. Show all posts

Thursday, January 2, 2020

Leviathan gas begins flowing to Jordan - GLOBES

Yuval Steinitz, Israel's energy minister
2 Jan, 2020 9:02

Jordan's National Electric Power Company (NEPCO) has said that the experimental supply of natural gas by US-based Noble Energy Inc. started as of yesterday. "The experimental pumping, which will last three months, is aimed at testing the infrastructure prior to the actual commercial supply," NEPCO added.

NEPCO continued, "The gas supply is in line with an agreement signed between the two companies in 2016. Under the agreement, Noble Energy will provide gas worth $15 billion dollars to the Kingdom for a period of 15 years, or 300 million cubic feet on a daily basis."

No mention in NEPCO's statement was made of either Israel or Leviathan because the agreement to buy Israeli gas is unpopular with many in Jordan. Last year Jordan's parliament scrap the deal.

Sunday, January 8, 2017

Egypt- Petroleum Ministry implements 11 development projects with investments of $17.5bn - MENAFN / DAILY NEWS EGYPT

08/01/2017 

The Ministry of Petroleum plans to implement 11 projects to develop gas fields in cooperation with foreign partners. Investments in these projects are expected to total 17.5bn. They aim to offset the natural decay rate in the productivity of fields and increase production rates.

A source at the Ministry of Petroleum told Daily News Egypt that the projects are expected to produce 1.9 billion feet of gas per day and 50,000 barrels of condensate.

The source added that the ministry is in negotiations with foreign partners to speed up the implementation of projects to offset the natural decay rate and to achieve self-sufficiency of gas in Egypt by the end of 2019.

Wednesday, August 10, 2016

UPDATE 1-Egypt government approves five oil and gas exploration deals - REUTERS

Wed Aug 10, 2016 1:51pm GMT

CAIRO Aug 10 (Reuters) - Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies, Petroleum Minister Tarek El Molla said on Wednesday.

Once an energy exporter, Egypt has turned into a net importer because of declining oil and gas production and increasing consumption. It is trying to speed up production at recent discoveries to fill its energy gap as soon as possible.

Four of the deals are offshore Mediterranean gas exploration and drilling agreements between Egypt's state gas board EGAS and BP, Eni, Total, and Edison.

The fifth deal, which is an oil drilling deal in the Gulf of Suez, is between state petroleum board EGPC and local company Trident Petroleum.