Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
26-09-21
Egypt extends 9 international natural gas exploration auctions until end of September
(MENAFN)According to chairman of the Egyptian Natural Gas Holding Company, the Magdy Galal, nine international natural gas exploration auctions that were declared in March were widened until the end of the current month.
In addition; nine new natural gas exploration deals were signed with international companies, amounting at 44. The new exploration licenses are going to lead to investment of about USD1 billion with signature grants standing at USD24 million, Galal further declared.
Eight new discoveries of natural gas, two discoveries in the Mediterranean and six in the Western Desert, were seen in 2020, adding a predicted 600 billion cubic feet of new reserves.
Four projects were set for the development and production of gas from the discovered fields with investments of over USD4 billion and 15 new wells were placed on the gas production map, with an average daily production of 1.4 billion cubic feet of gas and over 25,000 barrels of condensate.
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us