Egypt decided to stop burning natural gas in fields across Egypt starting July.
The Egyptian Natural Gas Holding Company (EGAS) informed that recently suspended gas imports to be delivered to several fertilizer plants is to be gradually resumed on April 7h.
Israeli companies are continuing to pursue energy trade deals with Egyptian firms despite the Egyptian government’s order to freeze current energy negotiations.
Egypt hopes to halt liquefied natural gas imports in 2020, Oil Minister Sherif Ismail said on Monday, as projects to develop its own gas fields are completed.
Petroleum Minister Sherif Ismail announced Tuesday an initial agreement has been made with Russia’s Gazprom to supply around 35 shipments of liquefied natural gas (LNG) over the next five years.