Egypt Supports Initiative to Balance Global Petroleum Markets
Egypt supports any procedures and initiatives taken to keep the global oil and gas market balanced, which comes with mutual benefits for both producers and consumers alike.
News / Egypt
Ministry Hosts Safety Stand-Down Event
The Ministry of Petroleum and Mineral Resources hosted a safety stand-down event on November 28 to highlight the importance of health, safety, and environment (HSE) standards in the oil and gas industry.
El Molla Looks to Increase Natural Gas Production by 1.9 bcf/d
The Ministry of Petroleum and Mineral Resources plans to increase natural gas production by 1.9 billion cubic feet per day (bcf/d) by 2023.
Parliament Approves Laws to Regulate Nuclear Activity
Parliament approved three laws governing nuclear regulation and usage.
Consumption of Petroleum Products Rises
Consumption of petroleum products rose 5.24% in September to 3.256 million tons.
Natural Gas Production, Consumption Slip
Production of natural gas slipped approximately 4.37% in September compared to the previous month.
Al Nowais Negotiating Details for Proposed Coal Plant
Al Nowais Investment Company has proposed selling electricity from its planned coal-fired power plant at Ayoun Moussa at a price of $0.058 (or roughly EGP 1.02) per kilowatt hour (kWh).
Elsewedy Electric to Build 2 Wind Farms
Elsewedy Electric Company and Marubeni Corporation are looking to build two wind farms in Egypt
Egyptian Parliament to Vote on Nuclear Legislation
Parliament will vote today on three laws to regulate nuclear activity.
EGPC Official: Two-Month Diesel Consumption at 2.5M Tons
Overall consumption of diesel edged up in September and October to 2.5 million tons.
