Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed methods to increase cooperation in the petroleum sector between Egypt and the US with Stuart Jones, President for Regions and Corporate Affairs at Bechtel Corporation, and Jonathan Cohen, the US Ambassador to Egypt.
Tarek El Molla, Minister of Petroleum and Mineral Resources, has agreed to raise Petrojet’s capital from EGP 3.6 billion to EGP 6 billion.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Ministry of Petroleum and Mineral Resources (MoP) convened the joint coordination cooperation platform with the Ministry of International Cooperation (MOIC), under the title “Egypt as a Regional Energy Hub: Reforms and Prospects in the Oil and Gas Sector".
Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed the petroleum products’ distribution system ahead of Eid al-Fitr.
Dana Gas’s total production has averaged around 64,900 barrels of oil equivalent per day (bbloe/d) indicating a 2% increase compared to 63,650 bbloe/d in Q1 2020.
TransGlobe Egypt production averaged around 11,009 barrels of oil per day (bbl/d) in April and recorded 10,238 bbl/d throughout Q1 2021.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers within The Egyptian Mineral Resources Authority (EMRA) in his endeavor to support the sector with the necessary competencies.
The Ministry of Petroleum and Mineral Resources (MoP) announced that the fifth edition of the Egypt Petroleum Show (EGYPS) will be held from 14-16 February 2022.
The Klaipėda liquefied natural gas (LNG) terminal expects to receive about 138,000 cubic meters of LNG from Egypt’s Idku LNG plant for the first time on May 7.
