News / Egypt

Car Gas Starts Trial Operations in Hurghada Natural Gas Station

Natural Gas Vehicles Company (Car Gas) began a trial operation to the first natural gas supply station in collaboration with the National Service Products Organization’s (NSPO) Watanya in Hurghada, Red Sea.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

EOG to Host Roundtable Discussing Brownfield Investments in Egypt

Under the patronage and with the participation of H.E. Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, the Egypt Oil & Gas (EOG) Technical Committee is hosting a virtual roundtable on October 18 at 10:30 am, focusing on increasing investments in Egypt’s brownfields. 

EBRD to Fund APC’s Project with $250 MM

The European Bank for Reconstruction and Development (EBRD) announced its provision of a sovereign loan to fund a project by Alexandria Petroleum Company (APC) worth $250 million for upgrading water and energy efficiency at the company’s diesel refinery.

Unified Government Complaints System Delegation Praises MoP’s Performance

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met a delegation from the Government Unified Complaints System which praised the ministry’s performance for its immediate response for any received complaint through it.

Egypt Leaves Fuel Prices Unchanged for Q4 2020

Egypt’s Fuel Automatic Pricing Committee decided to leave the current fuel prices for Q4 2020.

El Molla, Fouad Follow up Environmental Reform Plans 

The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Minister of Environment, Yasmine Fouad, followed up on the environmental compliance and reform plans concerning the industrial drainage issue facing petroleum companies operating in the Gulf of Suez and Alexandria.

EATC, VW, AOI Mull Partnership to Launch Natural Gas-Based Vehicles

Egyptian Automotive & Trading Company (EATC) in cooperation with Volkswagen (VW) Group are working on a partnership with The Arab Organization for Industrialization (AOI) to launch two vehicle models of Crafter and Cadi 5 equipped with a natural gas engine.

Gempetco’s Production Exceeds 8,000 bbl/d

After completing the new development well A-15, Gemsa Petroleum Company’s (Gempetco) production exceeded 8,000 barrels per day (bbl/d) from both Zafarana and Gemsa fields.

Gastec Delivers Eni’s Lubricants to Agiba

The Egyptian International Gas Technology (Gastec) Gastec has delivered the first shipment of over 9 tons of lubricants to Agiba Petroleum Company’s production field in the Mleiha, Western Desert.

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