Issue: November 2012

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INSIDE ISSUE

  • EGAS Refutes False Reports

    Several false reports have been circulating in the Egyptian and Arab-speaking media, suggesting that Israel and Cyprus had taken over three Egyptian natural gas fields in the Mediterranean Sea. The dilemma was instigated by Egyptian geologists Khaled Ouda and Engineer Khalid Al-Shafei, who claimed that Israel took the opportunity of the Egyptian official ineptness and commenced drilling operations within Egyptian territorial waters as early as April 2012.

  • Bottomless Potential: Venturing into the Depths of the Mediterranean

    Egypt Oil & Gas speaks with Mohamed Shoeib before leaving his post as EGAS Chairman about the Mediterranean's gas wealth, the challenges and opportunities facing the company, and the future of natural gas in Egypt.

  • The Egyptian Natural Gas, New Legal Challenges over the East Mediterranean Gas

    No one can deny that natural gas plays a vital role in all aspects of our life today. This proved apparent especially after the great industrial developments witnessed by the international sector that based solely on non-renewable energy, as a means to satisfying their intensive industrial needs. Although most developed countries exert thier best efforts to find alternatives ways instead of traditional means, they failed to get rid of oil and gas as a main source of Energy. Consequently all countries are aiming at achieving progressive steps to explore petroleum resources throughout its national or foreign petroleum companies. The war today indeed has become a war over oil and gas.

  • The Future of Natural Gas in the Mediterranean

    Experts confirm that Egypt possesses 223 trillion cubic feet of natural gas in the Mediterranean; more investments needed to acquire them.

  • Toyo and ENPPI, Ethylene Plant in Ethydco Complex

    Toyo Engineering Corporation (TOYO, President and CEO Yutaka Yamada) and ENPPI, an engineering company under the Egyptian Ministry of Petroleum, have been jointly awarded a contract to build a 460,000 T/Y ethylene plant and a 20,000 T/Y butadiene extraction plant as part of Ethydco's petrochemical complex to be established in Alexandria, the Arab Republic of Egypt, and owned by ETHYDCO (The Egyptian Ethylene and Derivatives Company), a newly established company under the investment law no. 8/1997 of Egypt. This will be TOYO's second ethylene plant in Egypt after 300,000 T/Y ethylene plant completed in 2001 for Sidi Kerir Petrochemicals Co. (SIDPEC).

  • Monthly News

    News of the month, know more about the recent activities this industry has shown during October 2012.