Sameh Fahmy News
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Egyptian prosecutors summoned four opposition leaders over violence outside the Muslim Brotherhood’s Cairo headquarters, a day after President Mohamed Mursi warned he may take action to “protect the nation.”
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Egyptian natural gas exports to Israel and Jordan may be halted for as long as two weeks after an explosion damaged a pipeline in the Sinai Desert yesterday, Egyptian Oil Minister Sameh Fahmy told state television.
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Egypt cut gas exports to 26 percent of its total output in the first quarter of the fiscal year that that ended in September as local demand rose, Al Ahram newspaper reported, citing Oil Minister Sameh Fahmy .
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Sameh Fahmy, Egypt’s oil minister under the rule of ousted President Hosni Mubarak, was sentenced to 15 years in prison on charges related to gas exports to Israel, a Cairo criminal court said in a faxed statement today.
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Egypt’s public prosecutor ordered the detention for 15 days of former Egyptian Oil Minister Sameh Fahmy and five former energy officials who are being investigated in connection with the export of gas to Israel.
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Egypt expects to boost natural gas production to 6.9 billion cubic feet a day in the fiscal year starting July 1 as a result of intensified exploration, Al Ahram reported today, citing Oil Minister Sameh Fahmy .
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Egypt’s Oil Minister Sameh Fahmy said about 6 billion Egyptian pounds ($1.05 billion) will be spent on oil and gas projects in the Sinai peninsula, Al Ahram newspaper reported.
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Egypt made a deep-water gas discovery at a depth of 21,000 feet (6,400 meters), Al Gomhuria reported, citing Oil Minister Sameh Fahmy .
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Algeria, Africa’s biggest exporter of natural gas, is getting no help from Russia and Qatar in curbing production to increase prices in this year’s worst- performing energy commodity.
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