Saib reopens Mansoura branch after comprehensive renovation    ABE signs cooperation protocol to finance beneficiaries of state-owned lands in Minya    Suez Canal Bank partners with CRIF Egypt to advance sustainability through Synesgy    Russia hits Ukraine with huge barrage as first Australian tanks arrive    Russia unveils 'Kinzhal' interceptor drone to counter low-altitude threats    Lebanon's PM says US proposal includes full Israeli withdrawal, state control of arms    Sandoz Egypt introduces OMNITROPE 15mg biosimilar growth hormone for the treatment of short stature    Egypt After 2025: Navigating a Critical Inflection Point    Spot Gold, futures slips on Thursday, July 17th    Egypt's EHA, Huawei discuss enhanced digital health    Egypt expresses condolences to Iraq over fire tragedy    Egypt, Oman discuss environmental cooperation    Egyptian, Belarusian officials discuss drug registration, market access    Health Ministry denies claims of meningitis-related deaths among siblings    EU–US trade talks enter 'decisive phase', German politician says    Sri Lanka's expat remittances up in June '25    Egypt's Health Min. discusses drug localisation with Sandoz    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's gas consumption to increase to 7.3bn scf/day next year
Energy needs of growing markets met by connecting wells of Zohr, North Alexandria, says source
Published in Daily News Egypt on 06 - 05 - 2019

The Egyptian Natural Gas Holding Company (EGAS) estimates the local market's consumption of gas to increase to about 7.3bn cubic feet per day (scf/day) in the next fiscal year (FY) 2020/21, according to the industrial development plan, alongside with an increase in electric energy products and transforming the largest number of cars to operate with gas instead of petroleum products.
A source at EGAS told Daily News Egypt that the needs of growing markets will be met through connecting the wells of Zohr and North Alexandria to the national grid according to the timetable of the new plan to develop explorations.
The source added that the local consumption rates will reach maximum 6.5bn scf/day during this FY.
The source pointed out that the average consumption of gas will increase to 9bn scf/day by FY 2020/21, according to the state's development plan.
Furthermore, the source pointed out that the average consumption of natural gas in the domestic market is growing annually, according to the industrial and construction development plan, with an increase in the number of cars running with natural gas.
Electricity consumption represents 61% of the total natural gas consumption, while the rest of the gas consuming sectors (industry, households, car supply, petroleum and its derivatives) represent 39%.
The ministry of petroleum's plan aims to complete the implementation of the fields of Zohr, North Alexandria, and Borollos in order to contribute to increasing domestic production and to cover consumption rates, especially with the operation of the liquefaction plants through the gas pumped from Cyprus and Israel.
The increase in Egypt's natural gas production has contributed to achieving domestic self-sufficiency, with the operation of the Edco liquefaction factory and the Jordan gas line, while retaining the gasification ship in Sumid port, the source pointed out.
He said that the second gasification ship will be utilised in case there is a need to import or convert gas through modern technology for a liquefied ship to export gas instead of importing it, transforming Egypt into a global market for energy and utilising the infrastructure owned by Egypt.
This plant will return imported liquefied gas to its gaseous state, with a maximum of 750m scf/day, in preparation for pumping it into the national gas grid and local consumption.
The source added that the petroleum sector has achieved several petroleum explorations over the past period, successively connected to the production. The total production is estimated to be 6.8bn scf/day now, compared to 7bn scf/day in March.


Clic here to read the story from its source.