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.
The Ministry of Petroleum and Mineral Resources (MoPMR), along with the Egyptian Natural Gas Holding Company (EGAS) and its subsidiaries, dealt with 2,423 complaints in February 2024, and addressed the reasons for and responded to 1,994 complaints and reports from them.
Minister of Petroleum and Mineral Resources Tarek El Molla has stated that the Middle East Refinery (MIDOR) expansion project is one of the major projects being implemented by the sector and will provide 3 million tons of high-quality petroleum products annually, including diesel, high-octane fuel, jet fuel, butane, and sulfur with costs of $2.7 billion.
Saeed Abdel Moneim, Chairman of Khalda Petroleum Company, has announced that the company will pump investments worth $1.2 billion and drill 42 exploratory wells, in addition to other 81 development wells in the Western Desert during fiscal year (FY) 2024/25.
The Egyptian Cabinet approved five draft laws for licensing to the Minister of Petroleum and Mineral Resources, Tarek El Molla, regarding oil and gas commitment agreements, for the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), and a number of national and international companies.
