ERC Allocates $3 M Annually for Social Projects
The Egyptian Refining Company has conducted assessments of the economic and educational needs of residents living in the neighborhood adjacent to the company.
News / Egypt
ERC Completes 96.5% of Mostorod Refinery
The Egyptian Refining Company announced completing 96.5% of construction work for Mostorod refinery.
Egypt’s Natural Gas Output to Reach 6 bcf/d
Egypt’s natural gas output is predicted to reach almost 6 billion cubic feet per day by the end of fiscal year 2017/18.
EGPC Exports Bunker Fuel to Europe
The Egyptian General Petroleum Corporation is shifting into exporting bunker fuel instead of importing high sulfur fuel oil from Europe.
Dana Gas Sells 157,200 barrels of Egyptian Condensates
Dana Gas Company has announced making $10.4 million during February 2018 after selling 157,200 barrels of condensates from Egypt’s El Wastani Field.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Zohr Natural Gas Output to Reach 700 mscf/d in May
Egypt aims to increase production of its Zohr natural gas offshore Mediterranean field to reach 700 million standards cubic feet per day (mscf/d) in May 2018.
PMS Signs 35 Contracts Worth $276 M in 2017
Petroleum Marine Services (PMS) signed 35 contracts worth $276 million, reaching its highest contracting rate since the day of its establishment, said Al Sayed Al Badawy, Head of PMS.
Egypt to Launch Oil Exploration Tender in H2 2018
Egypt will launch an oil exploration and production tender and contract new firms during the second half of 2018.
Fajr Egypt to Establish Pipeline in Jordan
Fajr Egypt Company has started construction on a 55 kilometer natural gas pipeline in Jordan.
