Egypt’s LNG Exports Expected to Resume by December or January: Eni
Egypt is expected to continue exporting liquefied natural gas (LNG) by December 2023 or January 2024 as the country’s domestic consumption decreases in winter.
News / Egypt
ECMR to Increase Capital to EGP 750 M
The Egyptian Company for Mining Resources (ECMR) held a general assembly to approve the business results for the fiscal year 2022/23, and to approve increasing the company’s capital from EGP 250 million to EGP 750 million.
UOG Average Production in Egypt Reaches 1,024 boe/d in 2023
United Oil & Gas Plc (UOG) working interest production in Egypt averaged 1024 barrels of oil equivalent per day (boe/d). This was divided into 946 barrels of oil per day (b/d) and 78 boe/d gas, for the year to 5 November 2023.
Madbouly Urges Rapid Completion of Energy Strategy Modernization, Green Hydrogen Strategy Adoption
Prime Minister Mostafa Madbouly has chaired the meeting of the Supreme Council of Energy, in the presence of Tarek El Molla, Minister of Petroleum and Mineral Resources; and Mohamed Shaker, Minister of Electricity and Renewable Energy, along with other ministers.
TAQA Arabia Launches Its first “Master Gas” Station in Tanzania
TAQA Arabia has announced that it has launched Tanzania's first integrated compressed natural gas (CNG) filling station and conversion Center branded “Master Gas”.
El Molla Chairs CSR Supreme Committee Meeting
Minister of Petroleum and Mineral Resources Tarek El Molla has confirmed that the petroleum sector strategy attaches utmost importance to social responsibility with the aim of achieving sustainability through cooperation between the sector’s companies and its partners in performing its social role to improve the quality of living conditions of Egyptian society.
El Molla Issues New Promotions, Transfers
Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a transfer movement that included a deputy for oversight of foreign and joint companies and general managers for financial affairs of petroleum sector companies.
Huawei Technologies Egypt Strengthens Ties with Oil and Gas Sector through Cooperative Agreements
Minister of Petroleum and Mineral Resources, Tarek El Molla, and Terry He, President of Huawei International for the North Africa Region, witnessed the signing of 3 cooperation agreements and memoranda of understandings (MoUs) between the petroleum sector and Huawei Technologies Egypt.
Egypt, Venezuela Talked Oil, Gas, Petrochemical Cooperation
During the meeting, potential cooperation opportunities between the two countries in the fields of oil, gas and petrochemicals, were reviewed.
GASCO’s GA Approves Authorized Paid-up Capital Increase
The company's general assembly approved an increase in the authorized, issued and paid-up capital, and amending Article 3 of the company's bylaws to add activities related to hydrogen, and the separation and transfer of carbon dioxide, to the activity of the company responsible for activities related to the management and operation of the national natural gas network.
