Power China Looks to Increase Egypt Operations
Power China Company is keen to increase its activities in Egypt as the country looks to become a regional oil and gas trading hub, the company's chairman has said.
Egypt | Egypt Oil & Gas - Part 630
Power China Company is keen to increase its activities in Egypt as the country looks to become a regional oil and gas trading hub, the company's chairman has said.
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Dana Gas Company has announced that it intends to spend around $50 million in Egypt over the course of 2018.
El-Neel Oil Marketing Company added seven new filling stations to its distribution network and developed 37 more in 2017.
Tharwa Petroleum Company drilled seven development and exploratory wells and successfully made two new oil discoveries at Abu Sennan concession in 2017.
BP intends to sell its stakes in the Gulf of Suez Oil Company (GUPCO), banking sources have said.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Jordanian Minister of Energy and Mineral Resources, Saleh Kharabsheh, have inaugurated the 4th phase of Al Samra Power Plant.
Petroleum Arrows Company transported 3 billion liters of petroleum products during 2017.
Egypt Gas has signed a contract with Engineering for the Petroleum & Process Industries worth $13 million to build a 27km gas pipeline in northern Jordan.
An International Monetary Fund delegation will visit Egypt in May 2018 to conduct the periodic review of the country’s economic reform program.