News / Egypt

Egypt to Restart Damietta Liquefication Plant Operations

Eni company has signed several agreements with the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS) and the Spanish company Naturgy, to settle the disputes related to the Damietta liquefaction plant in Egypt to restart its operation by June 2020,

El Molla Approves New Gas Transmission Tariff

The Gas Regulatory Authority (GASREG), headed by Minister of Petroleum and Mineral Resources, Tarek El Molla, approved a transmission tariff valued at 37.5 cents per million British thermal units in 2020.

EGAS to Sign Seven Agreements Worth $690 MM in FY 2020/21

the Egyptian Natural Gas Holding Company (EGAS) targets to sign seven agreements with a cost of $690 million and a signature bonus estimated at $16 million, EGAS Chairman Osama El Bakly said while discussing the company's planning budget for Fiscal Year (FY) 2020/21.

Madbouly Supports Chilean Investments in Egypt

Prime Minister Moustafa Madbouly expressed the government full support to the Chilean investments in Egypt, represented in ENAP Petroleum Company.

Apache, Pharos Energy Offer Buying Shell’s Onshore Assets

Apache Corporation and London-listed Pharos Energy are among the bidders interested in buying Shell’s onshore assets in Egypt.

Egypt Seeks to Decrease Natural Gas Price for Manufactures

The Member of the Economic Affairs at the Egyptian Parliament, Mohamed Badrawy, said that there are four main elements to support the industry in Egypt including the fund, development, export and the cost.

Petroleum Sector Keeps Pace with Global Standards

The Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the Egypt’s capability to face the challenges and make decision built upon scientific and Practical approaches helped in supporting the attraction of investments especially the petroleum ones.

EOG-HSE Subcommittee Sets 2020 Agenda

The EOG-HSE Subcommittee convened on February 25 at Halliburton’s premises in Katameya to discuss the 2020 HSE agenda.

ECHEM Puts New Projects as Top Priority for FY 2020/21

he Chairman of Egyptian Petrochemicals Holding Company (ECHEM), Saad Helaly said that his company targets implementing new projects in the fiscal year (FY) 2020/2021, coming in line with the plan of the ministry of petroleum and mineral resources to expand the petrochemical industry under the Modernization Project.

Egypt to Launch International Bid Round for Mining

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the post of an international bid round number one of year 2020 for gold mining.

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