Issue: May 2016



  • Gas Flaring Reduction is Possible

    The European Bank for Reconstruction and Development (EBRD) in cooperation with the Egyptian oil sector held a prominent workshop on gas flaring reduction in the oil and gas sector in March 2016. At the Cairo event, Egypt Oil&Gas had an opportunity to meet EBRD’s Associate Director, CRISTIAN CARRARETTO, to discuss the Bank’s support for the country in - what has already become - a global initiative - Zero Routine Flaring by 2030 - to eliminate routine gas flaring detrimental to the oil and gas industry in economic terms, to the country’s social development, and most alarmingly to environmental concerns.



    When environmental improvement promises economic prospect, the hesitation is hardly in place. An assumption that environmental responsibility is unattractive as it comes with higher investments has already been shattered. This is particularly visible in the practices of associated petroleum gas (APG) flaring, which is truly a global conundrum.


    For a country that is already juggling several economic problems, the prospect of saving an additional $300m per year is an exciting piece of news. The amount corresponds with annual losses that Egypt suffers from as a result of 2.5bcm of gas being flared in the country every year, according to preliminary findings of a study conducted by the European Bank for Reconstruction and Development (EBRD).

  • Fading Environmentally Destructive Flames

    Gas flaring, a long-standing practice in the oil and gas industry, has come under harsh criticism. It not only wastes valuable resources and billions of dollars annually, it also has a severe impact on the environment. Efforts to curb gas flaring around the world are slowly gaining support, and if pursued efficiently, the end of this practice, harmful to our health, may come true by the envisioned 2030.

  • Nigeria’s Unfulfilled Gas Flare Targets

    Nigeria is an eloquent example of a gas flaring paradox. While exerting efforts in stopping routine gas flaring for decades, an end to this practice seems to be still distant for the country. It seems that Nigeria is taking one step forward and two steps back.

  • NORWEGIAN Lesson in Gas Flare Elimination

    Routine gas flaring is a dramatic example of what should urgently be eliminated. There is no benefit to it from the monetary point of view, except in a rare number of cases. Given an enormous dimension of the problem, could routine gas flaring really end? Is it an issue of willingness, financing, or knowledge?


    Innovative technologies for more efficient and environmentally friendly utilization of associated petroleum gas are flooding the market. There is a plethora of available products to choose from that will help replace gas flaring with other more economically viable and energy efficient alternatives. The technologies were developed for countries that cannot adopt standard solutions such as building expensive gas pipelines that would transport associated gas.

  • Renewable Energy for Egypt’s Optimal Generating Mix

    The response of various governments and other policy makers and advocates to the worldwide emergence and ongoing development possibilities of renewable energy, particularly of the wind and solar variety, has been inconsistent. The spectrum of policy implementation ranges from ardent promotion to tepid indifference. Renewables’ penetration into the various grids of the world appears, more often than not, to correspond to the degree of promotion of renewables extant in each locale.

  • MOC 2016: Egypt Offers Efficient Investment Model

    The MOC 2016 Conference - Mediterranean Potentials - Unlocked Step 1 - has attracted a gigantic attention of current and new players in the industry. In the course of three days, more than 1,600 delegates from 23 countries gathered in the Bibliotheca Alexandria complex. Industry professionals and decision-makers presented their innovative ideas, new research, technologies, as well as the latest developments impacting the offshore exploration and production activities in the Mediterranean Sea.