Egyptian Minister of Petroleum, Tarek El Molla, and Jordan's Energy Minister, Hala Zawati, launched a natural gas development project in the main compressor station in Aqaba City to enable natural gas trade between the two countries.
The country plans to boost the number of linked houses to a total of 10 million households by the end of June 2019.
Al-Manar Group plans to boost its exports to 10% in 2019, as the company increases its lubricant production capacity and supplies them to a number of new Arab and African markets.
Egypt’s diesel production decreased by 6.5% year-on-year (YOY) in January 2019, recording 518,000 tons, down from the 554,000 tons of January 2018.
Nihad M. Shelbaya, Public and Government Affairs Manager at ExxonMobil Egypt and Cyprus, was appointed Chairperson for the EOG CSR Subcommittee. Shelbaya has extensive experience in CSR projects.
The blood donation campaign, expected to be launched in the end of June, marks the beginning of the subcommittee’s activities and will have the participation of different companies in different cities and areas.
Lall praised the economic reform measures taken by Egypt that boost the country's investments and enable its private sector to continue growing.
The Egyptian Ministry of Petroleum signed a memorandum of understanding with the IFC for financing oil and gas infrastructure projects that support Egypt's strategy to become a regional oil and gas trading hub.
Egypt produces around 518,000 tons of diesel per month, through state owned and private owned refineries.
Egypt's electricity consumption decreased by 3.88% over, recording 12.4 megawatts per hour (MWh) in December 2018 compared to 12.9 MWh in November 2018.
