Minister of Petroleum and Mineral Resources Tarek El Molla has participated in a ministerial economic meeting chaired by Prime Minister Mostafa Madbouly who announced positive indications for the dollar flow in the Egyptian market.
Minister of Petroleum and Mineral Resources Tarek El Molla has praised the Petroleum Projects and Technical Consultations Company (Petrojet) as a source of national pride for its success in boosting local contributions to essential projects. It also exports specialized equipment for petroleum projects abroad bearing the “Made in Egypt” logo.
The minister stated that the business results presented by Enppi for the year 2023, and the actual volume of business it has contracted for during the period from 2024 to 2028, amounting to about $5 billion, confirms its benefit from the expertise and specialized capabilities it possesses in achieving this.
Ministers of Petroleum and Mineral Resources Tarek El Molla has held a meeting with other Egyptian ministers at the headquarters of the Ministry of Petroleum and Mineral Resources (MoPMR) in the New Administrative Capital to discuss coordination and cooperation mechanisms to produce sustainable aviation fuel (SAF).
At its general assembly on March 9th, Minister of Petroleum and Mineral Resources Tarek El Molla has praised the pioneering role of Egypt Gas in the field of natural gas deliveries and its achievement of the highest rates of implementation at the sector level, Al Ahram Newspaper reported.
Belayim Petroleum Company (Petrobel) Chairman Khaled Mowafy has stated that his company targets investments of $614 million during the fiscal year (FY) 2024/25.
Petroshrouk Chairman Khaled Mowafy has announced that work is underway on the plan drawn up during the current fiscal year (FY) 2023/24 to implement development operations for the Zohr natural gas field.
Minister of Petroleum and Mineral Resources Tarek El Molla has confirmed that the integration with which the petroleum sector works has achieved many distinguished results, the most important of which is attracting new investments and partnerships, especially in the activity of marketing petroleum products and natural gas, which is witnessing great expansion and development.
Minister of Petroleum and Mineral Resources Tarek El Molla has chaired the general assembly meeting of the Sidi Kerir Petrochemicals Company (Sidpec) to approve the results of its work for the year 2023.
Minister of Petroleum and Mineral Resources Tarek El Molla has inaugurated the integrated Gastec - Eni fueling station in cooperation with Fajr Egypt, to supply cars with natural gas, liquid fuel and associated services. The station is located in the Banafseg area in New Cairo.
