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Today, the closing of bids for exports of 13 Egyptian gas deliveries has been drained



Egypt's Natural Gas Holding Company (EGAS) has set a date for closing 13 LNG consignments to be loaded from Esco Esco in June and July.

The process of competing and exporting the "FOB" system back to the ship, more than the batch offer, comes after Egyptian self-sufficiency of gas production and ceasing imports last year in September last year.

Natural gas production in Egypt reached nearly 7 billion cubic feet a day after some wells in northern Alexandria, Delta Delta Nile and the Mediterranean Sea have been planted on the production map as well as the development of other areas that have been suspended for more than four years and will gradually increase to 8 billion cubic meters at the end of the year 2019, after the production of the rest of the field at noon, which would exceed 3 billion cubic meters a day, along the north-east project of Alexandria, in particular the field "Revin" and phase IX project (b), Giza and Fayoum Fields.

Minister of Oil Engineering Tariq Al-Mulla announced in the previous statements that Egypt currently exports about 1.1 billion cubic meters of gas after achieving self-sufficiency of gas and surplus in production after the ministry entered into projects parked on the Alexandria production map Norse.


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