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Pegasus and Glaucus join Cypriot gas fields pumping our way
The agreement cements Egypt’s strategy to act as an East Med infrastructure middleman
FinMin caps sovereign guarantees at EGP 560 bn
Good morning, wonderful people. Local banks are lining up to absorb excess EGP liquidity in the market as the currency…
Dana Gas confirms new Egyptian onshore gas find
Good afternoon, friends, and congratulations on another successful workweek. The news cycle is seeing a delayed start, with the press…
Gov’t set to pay USD 1 bn in arrears to foreign energy firms next month
The government plans to settle all its foreign energy dues by year-end
Oil Ministry gets the ball rolling on USD 530 mn sustainable aviation fuel project
The project aims to produce 120k tons of sustainable aviation fuel and reduce carbon emissions by 400k tons a year
Raya Contact Center’s board greenlights full acquisition of Gulf CX. PLUS: Oxy Egypt’s UAE expansion, new private freezone plans, Ras El Hekma marina greenlit
Raya CX acquired an 85% stake in the company in 2021
Dana Gas wants to reinvest USD 58 mn in Egypt. PLUS: News from Ades and Transport Ministry,
The Emirati firm wants to use the money to drill more wells and increase production
Egypt to resume LNG exports in January
Plans to export some 1 bn cubic feet per day of gas starting January
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