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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).
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).
The Egyptian General Petroleum Corporation (EGPC) (Arabic: الهيئة المصرية العامة للبترول) is a national oil company of Egypt. EGPC's business includes crude oil exploration, refining, and storage. The company also produces lubricants and greases and offers services for oil and gas projects. [1]
The country generates most of its electricity from burning natural gas. Egypt's petroleum ministry said in July that gas production was 5.7 billion cubic feet per day, according to the state news ...
Egypt and a consortium made up of energy companies Total of France and Italy’s Eni will next month sign a key agreement to transport natural gas from an undersea deposit inside Cypriot waters to ...
Rebecca Babin, Senior Energy Trader at CIBC Private Wealth, US, joins Yahoo Finance’s Kristin Myers and Alexis Christoforous to discuss the ripple effects of the Colonial pipeline cyber attack.
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]
Moreover, investors tend to evaluate stock prices relative to earnings. Given this measure, investors might happily pay $704,000 per share when it produces tens of thousands per share in returns ...