ELAB Exceeds Production Expectations in 2017
The Egyptian Linear Alkyl Benzene Company produced 116,000 tons of linear alkyl benzene during 2017, exceeding the planned output by 16%.
News / Egypt
Egypt, Cyprus Discuss African-European Electricity Project
Egyptian and Cypriot officials have discussed the implementation of an African-European electricity project between Egypt, Cyprus and Greece.
New Gas Market Regulatory Authority Holds First Meeting
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the first meeting of the new Gas Market Regulatory Authority’s board of directors.
AMOC Targets Nasdaq Bourse
Egypt’s Alexandria Mineral Oils Company wants to list shares on the Nasdaq Dubai bourse.
Electricity Generation Increase by 2.9% Y.o.Y
Egypt’s generated electricity increased by around 2.9% year-on-year in November 2017.
Aviation Ministry’s Arrears for Petroleum Ministry Hike to EGP 7 B
The Egyptian Ministry of Civil Aviation's indebtedness to the Ministry of Petroleum increased to EGP 7 billion by the end of 2017.
IFIC Increases Stakes in a North Sinai Field
International Financial Investments Company (IFIC), has increased its stake in NSCO Investments Limited Company, which owns the concession rights of the natural gas field located in the North Sinai offshore region.
Egypt’s Butane Imports Increase by 21.76% Y.o.Y
Egypt’s butane imports increased by around 21.76% Year-on-Year (Y.o.Y), reaching 235,600 tons in December 2017 compared to 193,500 tons in December 2016.
Egyptian Petroleum Products Output Increases by 1.5% Y.o.Y
Egypt’s output of petroleum products increased by around 1.5% Year-on-Year (Y.o.Y) from 2.77 million tons in December 2016 to 2.811 million tons in December 2017.
Diesel Consumption Falls by 4.46% Y.o.Y
Egypt’s diesel consumption decreased by 4.46% Year-on-Year (Y.o.Y) from 1.278 million tons in December 2016, to 1.221 million tons in December 2017.
