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Power plants consumption increased to 3.7bncfd due to hot weather

The consumption of power plants from natural gas increased to about 3.7bn cubic feet of gas per day(bncfd), compared to 3.4bn cubic feet during the month of April, due to rising temperatures. A source at Egyptian Natural Gas Holding Company (EGAS) told Daily News Egypt that the consumption of gas stations began to increase as …

Mohamed Adel

New study indicates high potential for gas discoveries in Red Sea

The results of recent geophysical data analysis in the Red Sea carried out by Schlumberger in cooperation with Ganoub El Wadi Petroleum Holding Company (Ganope) revealed a 70% potentiality for new natural gas discoveries according to a seismic survey. A source from the petroleum sector told Daily News Egypt that the analysis have shown that …

Mohamed Adel