On the sidelines of ADIPEC Exhibition and Conference 2022, the Minister of Petroleum and Mineral Resources, Tarek El Molla, has met with the Eni’s CEO, Claudio Descalzi discussing the latest investments of Eni in Egypt as well as its business plan during the current and next year within the strategic partnership among the petroleum sector.
Minister of Petroleum and Mineral Resources, Tarek El Molla, inspected the ministry’s pavilion at the Abu Dhabi International Petroleum Exhibition (ADIPEC 2022), accompanying the conference.
Osama Asran, Vice Minister of Electricity and Renewable Energy, has inaugurated the Egypt Energy Exhibition and Conference 2022 in the presence of Gaber Desouki, Chairman of Egyptian Electricity Holding Company, at the Egypt International Exhibition Center under the patronage of the Ministries of Electricity and Renewable Resources, Environment, and Trade and Industry.
United Oil & Gas company stated that it expects to drill the ASH-4 well to its total depth (TD) during the coming days after which it will be tested and completed.
Chairman and Managing Director of Town Gas Mohamed Fathy held discussions with the Director of the Monitoring Department at the Unified Government Complaints System (UGCS) Karam Khalifa, regarding the company’s complaint response procedures and its capabilities in swiftly dealing with customer complaints.
The Egyptian Holding Gas Company (EGAS) has signed a letter of intent (LoI) with Shell, Pyramid Navigation, Affinity Gas and Eagles Gas to explore cooperation on fueling ships with liquified natural gas (LNG) in Egypt in addition to discussing the establishment of a joint company to prepare a feasibility study for the project.
Minister of Petroleum and Mineral Resources Tarek El Molla has received the CEO and Managing Director of Saudi Arabia's Arabian Petroleum Supply Company (APSCO) Mohamed Ali Reda to discuss the company’s business plans after it is approved to enter into the Egyptian market, specifically in the jet fuel and lubricants trade.
The Egyptian Ministry of Petroleum and Mineral Resources announced that the first natural gas torch was lit for the first household in the village of Bakhans in the Abu Tesht district in Qena Governorate after the Modern Gas Company finished pumping gas to the village included in the first phase of the presidential initiative Haya Karima ('Decent Life').
The Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, has approved several memoranda of understanding (MoUs) on green hydrogen and energy projects.
The Minister of Electricity and Renewable Energy, Mohamed Shaker, has stated that Egypt has the ability to produce green hydrogen at the lowest costs in the world starting from $2.68 per kilogram in 2025 reaching to $1.7 per kilogram in 2050.
