Government Chooses Provider of Fuel Hedging Contract
The oil and finance ministries have chosen a firm to sign fuel hedging contracts with the government.
News / 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.
Egypt to Provide 10% of Jordan’s Gas Consumption
Oil minister Tarek El Molla and his Jordanian counterpart Hala Zawati renewed an agreement that will allow Jordan to receive 10% of its gas needs from Egypt.
Government Calls On Homeowners to Submit Papers for Gas Connection
The government is encouraging citizens to complete the required papers in order to connect their houses to the natural gas grid.
Egyptian-Jordanian Cooperation in Energy Sector Discussed
Oil minister Tarek El Molla discussed mutual cooperation with his Jordanian counterpart Hala Adel Zawati.
Balteem Field To Produce 500mcf of Gas by Mid-2019
The national company Belayim Petroleum Company (Petrobel) is planning to produce 500 million cubic feet per day (mcf/d) of natural gas from its south west Balteem project by mid-2019, according to the company’s head Atef Hasan.
El Molla Reviews Modernization Program
Oil minister Tarek El Molla asserted the importance of the sector’s modernization program in transforming Egypt into an energy hub.
Negotiations Begin for Egyptian Energy Exchange Market
The Ministry of Petroleum and the Egyptian Exchange have begun negotiations regarding the creation of a natural gas exchange market.
Egypt, Cyprus Take A Step Towards Aphrodite Pipeline Agreement
Egypt reached an agreement with Cyprus on a pipeline connecting the Aphrodite gas field in block 12 to Egypt.
Egypt Sells 250 Tons of Gas to Gaza
Egypt has exported around 250 tons of domestic gas to Gaza, one month after Israel closed the only commercial crossing to the strip.
