Egypt Natural Gas Output to Exceed 6 bcf/d
Egypt’s production of natural gas increased by 1.6 bcf/d in 2017, up to 5.5 bcf/d, said Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources.
Egypt | Egypt Oil & Gas - Part 641
Egypt’s production of natural gas increased by 1.6 bcf/d in 2017, up to 5.5 bcf/d, said Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources.
Once the plant starts operations, it will decrease the country's need for diesel by around 50% and that of imported gasoline by 20%.
The loan is designated to finance a number of energy efficiency investments, as well as installations and refurbishments at the Suez refinery.
The International Islamic Financial Corporation (ITFC) opens a line of credit (LOC) worth $400 million for Egypt to purchase petroleum products.
Egyptian President, Abdel Fattah El Sisi, urges to connect 1.4 million households to the national gas grid in 2018.
The Egyptian Ministry of Electricity and Renewable Energy plans to develop a strategy that will minimize borrowing risks for loans, aimed at increasing investments in energy efficiency.
EGYPS 2018 Highlights Industry Achievements, bringing together global key players in North Africa’s largest Oil and Gas Exhibition and Conference.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with CEO of Kuwait Petroleum Corporation (KPC)to discuss joint cooperation and investment opportunities.
President Abdel Fattah El Sisi inaugurated Zohr giant natural gas field in the attendance of Prime Minister Sherif Ismail and Minister of Petroleum and Mineral Resources, Tarek El Molla.