The Ministry of Petroleum and Mineral Resources (MoP) denied the rumors that spread on social media saying that there is an increase in gasoline prices after the issuance of the decision regarding the amendments of increase the gasoline prices allocated to the construction and maintenance of public roads.
The Egyptian Natural Gas Holding Company (EGAS) exported about 33.9 billion cubic feet (bcf) of natural gas to Jordon through the Arab Gas pipeline in the fiscal year (FY) 2019/20.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, emphasized the local manufacturing of petroleum equipment to reduce imports and rationalize foreign exchange while visiting Petrojet’s central workshops for manufacturing static equipment. This showed how all national petroleum companies (NOCs) especially Petrojet gained distinguished experiences and achieved outstanding results in the local manufacturing field.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, inaugurated the first natural gas supply station in Sharm El Sheikh, South Sinai Governorate, accompanied by South Sinai Governor, Khaled Fouda, with the aim to expand the presidential initiatives of converting cars to run on natural gas.
Egypt did not witness any shortages in petroleum products during the pandemic thanks to the plans and strategies of the Ministry of Petroleum and Mineral Resources (MoP), the Head of Energy and Environment Committee, Talaat El Sewedy, stated.
Eni has made a new oil discovery in the Meleiha Concession in the Western Desert, adding an extra 10,000 barrels of oil per day (bbl/d) to the current concession production.
The Suez Canal Authority (SCA) is extending the discounts granted for liquefied petroleum gas (LPG) tankers, which operate between the ports of the US Gulf, India, and its eastern parts till 30 June 2021.
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) with the cooperation of the Ministry of Petroleum and Mineral Resources (MoP) through Cargas and Gastec has put facilitation to encourage citizens to convert their cars to run on natural gas.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a new transfers movement among the petroleum companies to support the petroleum sector with the necessary capabilities and achieve future goals.
The Minister of Trade and Industry, Neveen Gamea, announced that Egypt is preparing for organizing the first technological exhibition for natural gas vehicles (NGV) conversion and replacement which will be launched in January 2021 under the patronage of the Egyptian President Abdel Fattah Al-Sisi in participation of major NGV manufacturers.
