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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 ...
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
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).
The pipeline will diversify European gas supplies and lessen dependence on Russian Natural Gas. [15] [16] [17] In April 2019, the European Commission labeled the EastMed pipeline as a Project of Common Interest, having contributed €34.5 million (US$38.9 million) to complete technical studies for the project. [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).
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]
Pages in category "Oil and gas companies of Egypt" The following 8 pages are in this category, out of 8 total. This list may not reflect recent changes. D.
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