On the sidelines of the Africa Investment Forum 2019, held under the patronage of Egyptian President Abdel Fattah El Sisi, the Minister of Investment and International Cooperation, Sahar Nasr, inked a financing agreement with Adam Boehler, the CEO of the US International Development Finance Corporation, in the presence of Prime Minister, Mostafa Madbouly.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, received a report stating the achievements in the exploration and production (E&P) activities in July-September of the current fiscal year (FY) 2019/20.
Minister of Transport, Kamel El Wazir, met with a delegation from Zaitoun Green to discuss the construction of a liquefied natural gas (LNG) station for ships in Damietta port.
Converting cars to run on natural gas has achieved unprecedented results, with the support of the government’s reforms on July 5 to the pricing mechanism of the petroleum products
The Ministry of Petroleum and Mineral Resources could save nearly $60,000 was spent on renting a temporary treatment plant for the natural gas produced from Nooros field after finalizing the Nooros- Abu Madi- El Gamil pipeline project in May.
The Industry and Energy Committee of the House of Representatives intends to ask the government to reduce natural gas prices for the energy-intensive factories.
Nostra Terra Inc. (NTI), a wholly owned subsidiary of North Terra Oil and Gas Company plc, has conditionally agreed with North Petroleum International Company SA on East Ghazalat concession.
The Ministry of Petroleum and Mineral Resources plans to boost petroleum exports to $8.5 billion by the end of fiscal year (FY) 2019/20, up from $7.7 billion in the previous FY.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of a contract amending the trading categories of diesel and butane at Sonker’s bulk terminal.
Disouq Petroleum Company (Petro Disouq), the joint venture (JV) responsible for managing two natural gas fields; South Disouq and Ibn Younis at South Disouq concession, plans to increase natural gas supply to the national grid.
