To promote safety measures in Ramadan, Egypt Oil & Gas (EOG) health, safety, and environment (HSE) subcommittee in collaboration with the Ministry of Petroleum and Mineral Resources, has launched a unified Ramadan HSE campaign, powered by the EOG Technical Committee.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
The Minister of Finance, Mohamed Maait, said that the new fees that will be imposed on octane and diesel will not increase their current prices.
Co-Operation Petroleum Company (Copetrol) signed a three-year contract with E- Finance Company to issue pre-payed smart cards for supplying fuel to the governmental agencies, which goes in line with the digital transformation projects adopted by the state.
Egypt's share of international Liquified natural gas (LNG) exports market jumped to 1% in 2019 after exporting about 3.5 million ton (MT), a 2 MT increase compared to 1.4 MT in 2018.
BP announced that Hesham Mekawi, the Regional Presiden for North Africa, has decided to step down from his position and retire as of the end of 2020.
Egypt Gas and Town Gas signed an EGP 232.8 million deal to deliver natural gas across several governorates.
Aton Resources Company announced that it requested and has been granted a three-year extension to the final exploration period of its exploration license at its Marwat concession.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed the industrial wastewater treatment issues in the Gulf of Suez and the Red Sea region with Yasmine Fouad, Minister of Environmental Affairs.
Eni’s production of natural gas in Egypt has reached 1.217 billion cubic feet per day (bcf/d) during Q1 2020, decreasing from Q1 2019’s 1.434 bcf/d.
