The Egyptian Company for Gas Transportation and Delivery (Botagasco)’s Head, Ahmed Abdel Moteleb, has led a follow up visit to the company’s warehouses across Cairo in order to ensure the availability of butane cylinders.
Petrogas Company plans to pump 26 million butane cylinder per month into the Egyptian markets starting June 2018, Petrogas’ Head, Adel Al Shuwaikh, stated.
Badr El Din Petroleum Company (BAPETCO) plans to drill a total of 31 exploratory wells starting the second half of fiscal year (FY) 2017/2018 until the end of FY 2018/2019.
Roxtec Company has secured work on BP’s plans for the development of West Nile Delta natural gas output in Egypt, suppling several specialist transits in order to secure cable entries.
ADES International Company has extended two contracts in Admarine II and Admarine IV, additionally renewing an existing lease for Admarine VI in Egypt’s Gulf of Suez Area.
EPC is planning to produce 90,000 tons of polyvinyl chloride, 65,000 tons of caustic soda, and 15,000 tons of hydrochloric acid in fiscal year (FY) 2018/2019.
ASORC plans to refine 4 million tons of crude oil during FY 2018/2019, in order to produce around 36,000 tons of butane, 520,000 tons of naphtha, over 1 million tons of diesel, 2.3 million tons of mazut, and 25,000 tons of jet fuel.
ANRPC plans to refine 5 million tons of crude oil in FY 2018/2019 in order to produce around 99,000 tons of butane, 1.3 million tons of naphtha, 1.2 million tons of diesel, 1.4 million tons of mazut, 400,000 tons of jet fuel, and 19,000 tons of asphalt.
The Egyptian Ministry of Electricity and Renewable Energy received EGP 3 billion late December as a part of the amounts allocated for electricity subsidies.
Saudi Arabia’s ACWA Power Company reached the financial closure for the development, construction, and operation of solar power projects at the Benban complex in Upper Egypt's Aswan.
