Egypt Cuts Gasoline Prices by EGP 0.25/liter
Egypt's Fuel Automaitc Pricing Committee announced that all gasoline types will be cut by about 25 piasters per litre, effective as of April 11.
News / Egypt
Petroleum, Tourism, Aviation Ministries Discuss Cooperation
The Minister of Petroleum and Mineral Resources, Tarek El Molla, Khaled Al-Anani, Minister of Tourism and Antiquities, and Mohammad Manar Enabah, Minister of Civil Aviation, discussed forming joint coordination between the three ministries to implement controls and proposals for the Aviation Incentive Program.
Gastec Launches New Natural Gas Fuel Station
The Egyptian International Gas Technology (Gastec) launched its second Beni Suef’s natural gas fuel station, operating at a capacity of 900 cubic meters per hour (m3/h) and provided with six charging points.
Dana Gas Delays Selling Egypt’s Assets
Dana Gas confirms delaying selling its assets in Egypt.
Egypt Extends Curfew Amid Coronavirus Outbreak
The Egyptian Prime Minister, Moustafa Madbouly, has announced extending a nationwide curfew for more two weeks starting from 9 April until 23 April, in line with the precautionary measurements taken by the government to combat coronavirus outbreak.
SDX Announces New Commercial Discovery at Sobhi Well
SDX company announced a new commercial discovery at Sobhi Well which is located in the South Disouq Exploration Permit onshore Nile Delta saying that the well has encountered 108 feet net of high-quality gas- bearing sands with an average porosity of 20%.
El Molla Reviews Plans to Ensure Availability of Petroleum Products in Local Market
The Minister of Petroleum and Mineral Resources, Tarek El Molla, affirmed the availability of petroleum products across the local market and that there is a strategic plan in the works to cover the domestic market's demand.
SDX Continues Producing 50 mmcf/d From South Disouq in Q1 2020
SDX company said that its operations in Egypy remain unaffected by the outbreak of Coronavirus at present through the first quarter (Q1) of 2020.
EDC Owns 60% of Egypt’s Onshore Drilling Market
The Egyptian Drilling Company (EDC) now owns 60% of the local offshore drilling market.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
