EPC Targets 120,000 Tons PVC Expansion

• Tuesday, 27th January 2026
• by Samar Samir

Karim Badawi, Minister of Petroleum and Mineral Resources, has approved the 2026/2027 investment budget for the Egyptian Petrochemicals Company (EPC), emphasizing the company's pivotal role in localizing the production of essential materials for secured documents and national industries. The company reported its operational performance for the first half (H1) of fiscal year (FY) 2025/2026, according to a statement by the Ministry of Petroleum and Mineral Resources (MoPMR). The company's Polyvinyl Chloride (PVC) production reached a five-year high of 41,000 tons, while caustic soda achieved the planned target of 60,000 tons. Moreover, EPC has completed a feasibility study for a new production line with an annual capacity of 120,000 tons.

Badawi Approves SOPC, NPC Investment Plans for FY 2026/2027

• Tuesday, 27th January 2026
• by Doaa Ashraf

Karim Badawi, Minister of Petroleum and Mineral Resources, has approved the investment budgets of Suez Oil Processing Company (SOPC) and Nasr Petroleum Company (NPC) for the fiscal year (FY) 2026/2027, focusing on upgrading production units, expanding refining capacity, and improving operational efficiency.

Egypt Exports 150,000 m³ of LNG to Türkiye

• Monday, 26th January 2026
• by Doaa Ashraf

Egypt exported in January a new shipment of liquefied Natural Gas (LNG) from Idku liquefication plant to Türkiye aboard the METHANE BECKI ANNE carrier, transporting 150,000 cubic meters (m³) for UK Shell Global, according to the Ministry of petroleum and Mineral Resources. 

SCZONE Signs $34Mn Deal with China’s CNCEC for Soda Ash Project

• Monday, 26th January 2026
• by Doaa Ashraf

The General Authority for the Suez Canal Economic Zone (SCZONE) signed a contract with China National Chemical Engineering Company Co., Ltd. (CNCEC) worth $34 million in investments to establish an industrial project for soda ash production in the Sokhna Industrial Zone.

The agreement follows an October meeting between President Abdel Fattah El-Sisi and executives from CNCEC and its subsidiary, TCC Group, which underscored the strategic importance of the project as Egypt’s first integrated soda ash production complex.

Hunter & Co Eyes Egypt’s Mining Sector for Investments

• Monday, 26th January 2026
• by Sherine Samir

Hunter & Co, an Australian private investment and strategic advisory firm, expressed interest in investing and establishing partnerships in Egypt’s mining sector, in light of the legislative reforms and investment incentives launched by the Ministry of Petroleum and Mineral Resources to improve the investment climate and attract mining companies. This came during a meeting of the group representatives. Karim Badawi, Minister of Petroleum and Mineral Resources.

Also, the meeting followed up on outcomes of Badawi’s visit to Perth in November, during which he presented Egypt’s mining reform agenda and investment incentives, highlighting the country as an attractive destination for mining startups and international companies.

Representatives of Hunter & Co. praised the legal and regulatory reforms implemented in Egypt’s mining sector, noting that many of the measures address long-standing challenges, reduce procedural bottlenecks, and accelerate licensing and investment processes, according to a statement by the Ministry of Petroleum and Mineral Resources.

Madbouly Presents Strategy to Phase Out Gasoline and Diesel imports

• Monday, 26th January 2026
• by Samar Samir

Prime Minister Mostafa Madbouly reaffirmed the government's full support for the petroleum and petrochemical refining sectors, emphasizing that achieving self-sufficiency in products such as gasoline and diesel is a national priority to reduce the import bill. This came during the Prime Minister's high-level meeting at the New Administrative Capital on January 25 with state officials to review mechanisms for encouraging investment and securing the necessary financing for refining projects, according to a statement by the Cabinet.

The meeting was attended by Hassan Abdalla, Governor of the Central Bank of Egypt (CBE); Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation; Hassan El-Khatib, Minister of Investment and Foreign Trade; and Karim Badawi, Minister of Petroleum and Mineral Resources.

Cabinet Grants Lands for Green Hydrogen Projects in Red Sea

• Sunday, 25th January 2026
• by Doaa Ashraf

The Cabinet approved the allocation of several plots of land in the Red Sea Governorate to the General Authority for Red Sea Ports to support the development of green hydrogen projects and related infrastructure

During the Cabinet’s 76th meeting, chaired by Prime Minister Mostafa Madbouly, an area of ​​251.73 acres has been allocated to establish a green hydrogen production plant, an area of ​​50.17 acres has also been allocated to establish the marine pier for the green hydrogen project, in addition to 173.92 acres to be used in implementing the route of the electricity transmission cable line.

China’s SANY in Talks to Launch Egypt’s First Wind Turbine Plant

• Sunday, 25th January 2026
• by Doaa Ashraf

Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from China’s SANY Group to explore cooperation opportunities in renewable energy and discuss the establishment of the country’s first wind turbine manufacturing plant.

MoPMR Launches “Takamol” Platform for Petroleum Sector IT Integration

• Sunday, 25th January 2026
• by Fatma Ahmed

The Ministry of Petroleum and Mineral Resources (MoPMR)  launched the “Takamol” platform recently for information technology integration. Takamol is a cloud computing solution for the oil, gas, and mineral resources industries, serving  150 companies and more than 250,000 employees, revealed Ahmad Moharram, Takamol Project Manager, during an episode of Petrocast, the Ministry of Petroleum and Mineral Resources' (MoMPR) podcast.

Egypt, Libya Sign MoU on Oil, Gas and Mining Cooperation

• Sunday, 25th January 2026
• by Doaa Ashraf

Egypt and Libya have signed a memorandum of understanding (MoU) to deepen cooperation in the oil, gas, and mining sectors on the sidelines of the Libya Energy and Economic Summit in Tripoli, according to the Ministry of Petroleum and Mineral Resources.