Butane Imports Decrease by 18.3% Y.o.Y
Egypt’s butane imports decreased by around 18.3% year-on-year (Y.o.Y) between February 2017 and February 2018.
News / Egypt
Egyptian Consumption of Petroleum Products Drops 14.45% Y.o.Y
Egypt’s consumption of petroleum products fell by 14.45% year-on-year (Y.o.Y) to reach 2.682 million tons in February 2018, compared to 3.135 million tons in February 2018.
Egyptian Natural Gas Output Increases 24.8% Y.o.Y
Egyptian natural gas output increased 24.8% year-on-year (Y.o.Y), reaching 3.191 million tons in February 2018 compared to 2.556 million tons in February 2017.
TransGlobe Completes Drilling K-45 Development Well in Egypt
Transglobe Energy Corporation has announced the completion of a drilling operation at Egypt's K-45 development well.
Egypt to Pay $200M in Arrears to IOCs
The Ministry of Petroleum and Mineral Resources will repay debts of $200 million to international oil companies in June 2018.
Egypt, Toyota Tsusho Discuss Petroleum Investments
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Toyota Tsusho's General Manager of Energy and Infrastructure, Yoshihiro Inoue, to discuss investment opportunities in Egypt's refining and petrochemical sectors.
Egypt to Launch E&P Outbidding
The Egyptian Ministry of Petroleum and Mineral Resources is in the process of launching new international bids for the exploration and production (E&P) of natural gas in the Mediterranean Sea.
Nostra Terra’s East Ghazalat Dispute Referred to Arbitration
Nostra Terra Oil and Gas Co has announced that a dispute between its subsidiary and North Petroleum over the East Ghazalat Concession has been referred to arbitration.
Egypt, Cyprus to Sign Pipeline Agreement
Egypt plans to sign a joint agreement with Cyprus to construct a direct pipeline from the Cypriot Aphrodite natural gas field to Egypt.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
