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Basic principles: promoting gas as a reliable, secure, clean source of energy. Attracting investment to the global natural gas market. Fair price for natural gas considering its energy efficiency and environmental benefits. As the outcome of the 5th Gas Exporting Countries Forum in Malabo The Declaration of Malabo was published. It stressed the ...
Egyptian Natural Gas Company (GASCO) is a subsidiary of the Egyptian Natural Gas Holding Company, operating in the field of natural gas transmission, distribution and processing. The company was established in March 1997. GASCO operates the gas grid with total length of 22,000 kilometres (14,000 mi).
As of 2005, Egypt's reserves of natural gas are estimated at 66 trillion cubic feet (1.9 × 10 ^ 12 m 3), which are the third largest in Africa. [11] Egypt's production of natural gas was estimated at 2,000 billion cubic feet (57 × 10 ^ 9 m 3) in 2013, of which almost 1,900 billion cubic feet (54 × 10 ^ 9 m 3) was domestically consumed. [12]
Gas import started in April 2015, supplying to the national gas grid after the regasification with quantity of 30 billion cubic feet (850 million cubic metres). [4] In 2012/2013, total net gas production in Egypt reached 2.26 trillion cubic feet per annum (64 billion cubic metres per annum).
In the mid-2010s the pipeline did not export Egyptian gas due to domestic gas shortages which forced Egypt to stop exporting gas to all countries. Exports were resumed in 2018 as gas supply in Egypt was increased (thanks mainly to the Zohr gas field coming online). In 2020 the pipeline began distributing gas originating from Israel to Jordan ...
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About 21% of the world’s oil flows through the strait, and anything that threatened that supply would send oil prices well above $100 per barrel, and maybe above $150. US gasoline prices would ...
DETROIT (AP) — The city of Detroit is taking steps to ban gas stations from locking people inside the store, a year after a man was fatally shot during an argument with another customer. Police said a clerk's decision to lock the door while he was safely behind protective glass contributed to the shooting.