Domestic Butane Production Covers More Than 50% of Egypt’s Needs
Domestics production of butane covers almost 50% of the market’s needs.
News / Egypt
Egypt PM Meets Eni CEO
Prime Minister Mostafa Madbouly discussed Italian oil major Eni's Egyptian investments with company CEO Claudio Descalzi on August 28.
Natural Gas Accounts for 20-40% of Industrial Product Costs
Natural gas accounts for between 20% and 40% of the total cost needed to produce industrial products.
Shell Discussing Pumping Gas to Eni’s Processing Plant
Royal Dutch Shell is discussing pumping 23 million cubic feet (mcf) of gas from its Faramid well in the Western Desert to Eni’s gas processing plant in Obayed.
Egypt, Vietnam Sign Petroleum Cooperation Agreement
Egyptian oil minister Tarek El Molla and Vietnam’s Minister of Trade, Chan Tuan, signed a memorandum of understanding (MoU) on August 27 for cooperation in the fields of oil, gas and mineral resources.
El Molla Discusses Apex’s Exploration Concessions
Oil minister Tarek El Molla held talks with chairman of Apex International Energy Thomas Maher about the company’s concessions in Egypt's Western Desert in the attendance of a delegation from Blue Water Energy.
Russian Petroleum Exports to Egypt Increase by 84%
Egypt imported $481 million of oil and gas products from Russia in the first six months of 2018, an 84% increase from the same period in 2017.
Hamrawein Coal Plant Agreement to Be Signed in September
The Egyptian Electricity Holding Company (EEHC) is expected to sign the final contracts for the $4.4 billion, 6 GW Hamrawein coal-fired power plant in September.
EGAS, GASCO Apply For Gas Licenses
The Egyptian Natural Gas Holding Company (EGAS) has applied for shipping and supply licenses from the Gas Regulatory Authority (GRA) while the Egyptian Natural Gas Company (GASCO) has applied for transportation and distribution licenses.
El Molla Signs Two E&P Deals Worth $65M
Oil minister Tarek El Molla has signed two oil and gas exploration and production (E&P) agreements in the Sinai and the Suez Gulf with investments of $65 million and $3.5 million signature grant.
