Explosion in Egypt shuts-down natural gas pipeline

Source: Ampal-American Israel Corp.

Ampal-American Israel Corporation (Nasdaq: AMPL) has been advised by East Mediterranean Gas Co.(EMG) that shortly after 03:30 last night there was an explosion at a gas metering station 2 kilometers from Al Arish, Egypt and some 30 kilometers from the EMG terminal. 

The station is owned and operated by Gasco, the Egyptian gas transport company, which is a subsidiary of EGAS, the Egyptian national gas company (EMG's gas supplier). 

Following the explosion EGAS has initiated its standard shut-down procedure affecting gas transportation throughout the Sinai Peninsula and gas supply to Jordan, Lebanon, Syria; to major Egyptian industries and gas consumers in the Sinai; and to EMG. 

The extent of the damage to Gasco’s metering station and the estimated repair period is unknown at this point.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs