Egypt Consumes 1.18 M Tons of Diesel Monthly
Diesel production in Egypt is estimated at 545,000 tons per month, which are produced from state owned and private owned refineries and covers parts of local market's demands.
News / Egypt
South Disouq to Produce Gas by Mid-2019
South Disouq will sell its natural gas to the Egyptian Natural Gas Holding Company (EGAS) at a price of $2.85 per 1,000 cubic feet.
EPROM to be Supplier for Kuwaiti Refinery
The Egyptian company is negotiating with Libya's Sirte Oil Company to seal an agreement for operational support and services.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Egypt to Increase Natural Gas Production to 8 bcf/d
The country is implementing 19 projects to produce around 55,000 barrels of condensates, which will help in covering the local market's demands.
Petroleum Investments Record EGP 540 B in Five Years
Egypt saw a total of EGP 819 billion of investments from 2014 to 2020, of which 66% have been invested prior to December 2018 in 79 projects that cost EGP 540 billion.
Delek Drilling Seeks Acquiring Stakes in Egyptian Liquefaction Plants
The company wants to buy parts of either Idku or Damietta liquefaction facilities as a part of its deal with Egypt to liquefy gas and export it to global markets.
BP to Boost Production from Giza, Fayoum Fields to 700 mmscf/d
BP plans to add 300 million standard cubic feet per day (mmscf/d) from Giza and Fayoum natural gas fields to production.
Petroleum Arrows Transports 8.5 M Liters of Petroleum Products
The company transports 3,000 tons per day of butane, recording around 63% of the total transported amounts across Egypt.
Petroneel Earns $7.5 M from Fueling Jets
The company further earned $7.6 million from fueling ships in the ports of Safaga, Hurghada, Nuweiba, Sharm El Sheikh, El Hamrawein, and Abu Tartur.
