Regas Connects Natural Gas to 135,830 Housing Units in Qena
The Chairman of Gas Region (Regas) company, Hatem Abdel Ghany, stated that the company has connected natural gas to 135,830 housing units at a cost of EGP 280 million in Qena.
News / Egypt
Korra Energi Launches New Project for Gas Flaring Worth $10 MM
Mohmaed Medhat, the Manager of Energy Solutions in Korra Energy, said that the company will implement a new project in cooperation with Egyptian Maintenance Company (EMC) worth $10 million.
Abu Sennan Production Reaches 12,347 bbloe/d during H1
The United Oil and Gas (UOG) Company announced that Abu Sennan Concession gross production increased to 12,347 barrels of equivalents per day (boe/d) representing net production 1,709 baoe/d during the first half (H1) of fiscal year (FY) 2020,
El Molla Urges Raising Mostorod Region’s Efficiency
The Minister of Petroleum and Mineral Resources, Tarek El Molla, stressed the importance of raising the efficiency of Mostorod region which comes in line with the integrated program of boosting the efficiency of all petroleum regions all over Egypt.
Foad: Mostorod Refinery Integrates Environment, Energy, Industry
The Minister of Environment, Yasmine Foaad, praised the Egyptian Refinery Company's (ERC) Mostorod project as a model for integration between energy, environment and industry sectors, which is set to be one of the main elements for economic growth and a path to international markets.
Heikal: Mostorod Refinery to Achieve Savings Worth $1 B Yearly
The Board of Directors of Qalaa Holdings Company, Ahmed Heikal, said that Mostorod Refinery project will achieve savings for the country worth between $600 million to $1 billion per year.
Al-Sisi Inaugurates New Mostorod Project Worth $4.3 B
The Egyptian President Abdel Fattah Al Sisi has opened the Egyptian Refinery in Mostorod at a cost of $4.3 billion equals to EGP 70 billion which is one of the most important petroleum refineries in Egypt and Africa by producing 4.7 million tons of petroleum products per year.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Abu Qir Fertilizers Produce 24% Above Expectations
Saad Abu Al Maati, the Chairman of Abu Qir for Fertilizers and Chemical Industries Company, announced that the production of the company exceeded the expectations during the fiscal year (FY) 2019/2020 despite the special circumstances and challenges of coronavirus outbreak.
Energy Egypt Discusses Advantages of Spoolable Composite Pipeline
Energy Egypt held its first online webinar on September 24 to discuss the latest updates on the prevalent debate between Spoolable Composite Pipeline (SCP) and Steel. The Webinar titled “The Economical Benefits of Spoolable Composite Pipeline vs Steel”, was organized by Energy Egypt and Shawcor, giving industry experts’ insight into this ongoing debate.
