Egypt Pays $75 a Barrel to Import Fuel
The Egyptian government announced in an official document that fuel imports cost $75 per barrel.
News / Egypt
Rosneft to Supply Gas for Industrial Consumers in Egypt
Russia's Rosneft signed a cooperation agreement with Fleet Energy and Fleetliner Energy for supplying gas to Egyptian industry.
El Molla Visits Zohr Field
Minister of Petroleum Tarek El Molla has visited Zohr gas field to follow up on operations and ensure that production will reach 2.7 billion cubic feet per day (bcf/d) in 2019.
Egypt, UK Discuss Hydrocarbon Investments
Egyptian petroleum minister Tarek El Molla met with the UK's Investment Minister, Graham Stuart, to discuss increasing the joint investments between the two countries in the oil and natural gas industry.
Petroleum Ministry Invests in Employee Skills
Petroleum minister Tarek El Molla has announced that the third phase of the ministry's modernization program includes a set of advanced training programs to develop the skills of the ministry's employees.
Butane Imports Decrease by 1.29% YOY in March
Egypt’s butane imports decreased by around 1.29% in March 2018 compared with March 2017.
Dana Gas to Begin Exploratory Drilling in North Arish Concession
Dana Gas will start drilling the first exploratory well at Block 6 of the Mediterranean North Arish concession before the end of 2018.
Egypt Repays $40M to Dana Gas
Dana Gas has announced receiving $40 million from the Egyptian government.
Egypt’s Natural Gas Production Increases by 20.5% YoY
Egypt’s production of natural gas increased by around 20.64% year-on-year (YoY), reaching 3.437 million tons in March 2018 compared to 2.849 million tons in March 2017.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
