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Reading: Egypt ceases supplying gas to Jordan indefinitely: EGAS
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Dailynewsegypt > Blog > Business > Egypt ceases supplying gas to Jordan indefinitely: EGAS
Business

Egypt ceases supplying gas to Jordan indefinitely: EGAS

Mohamed Adel
Last updated: 2014/08/04 at 4:15 PM
By Mohamed Adel 1 Min Read
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Egypt is keen to promote bilateral oil and gas sector cooperation, said Egyptian Minister of Petroleum Sherif Ismail, during a meeting with Jordanian Minister of Energy and Mineral Resources Ibrahim Saif in Cairo. (AFP Photo)
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EGAS has suspended natural gas supplies to Jordan in April (AFP Photo)
EGAS has suspended natural gas supplies to Jordan in April
(AFP Photo)

Egyptian gas holding company EGAS has announced the indefinite suspension of natural gas supplies to Jordan since April as a result of multiple explosions along the pipeline and a decrease in Egyptian gas production, said a senior official at the company.

Egypt once again began supplying gas to Jordan at variable rates not exceeding 80m cubic metres daily throughout March for a several days, but soon the supplies were soon suspended.

The official noted that the contracted amounts of gas exports to Jordan are 255m cubic metres of gas daily.

He pointed out that Egypt currently produces approximately 4.7bn cubic metres of gas daily due to a natural reduction in well production of approximately 100m cubic metres of gas per day.

Egypt has export contracts with Syria and Lebanon for 175m cubic metres of gas daily, but exports to the two nations have been suspended for some time, the official added.

He said the Egyptian government is owed significant amounts of money by Syria for past gas supplies.

 

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TAGGED: Daily News, Daily News Egypt, DNE, Egypt, Export, Gas, jordan, Oil, Syria
Mohamed Adel August 4, 2014
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