News / Egypt

Sidpec Fire Not to Affect Production

The ethylene production unit will resume output according to the planned schedule after the completion of the regular maintenance work.

El Molla Assigns Committee to Investigate Sidpec Fire

Minister of Petroleum and Mineral Resources, Tarek El Molla, issued a decision to form a technical committee for assessing the fire accident at the ethyline unit in Sidi Kerir Petrochemicals (Sidpec).

El Molla Reviews Modernization Program at EGPC

The modernization program is in line with the reform programs and development plans adopted by the state on all tracks, the minister stated.

Egypt Awards Geophysical Data Contract

Ganoub El Wadi Petroleum Holding Company (Ganope) awarded WesternGeco Schlumberger and TGS a $720m contract for geophysical data in Ganope's concession areas.

GASCO Covers 60% of Electricity Plants Gas Demands

Egyptian Natural Gas Company (GASCO Company) is covering 60% of the gas needs in electricity power plants through the volumes it injects in the national grid.

Egypt to Pump Natural Gas to 600,000 Households

The Egyptian Ministry of Petroleum and Mineral Resources is targeting pumping natural gas to 600,000 households on an annual basis.

El Molla Visits Ethydco’s Petrochemical Complex

The complex is covering the local market needs of polyethylene and exporting the remaining to secure dollars.

Insurers Compete to Cover GASCO’s Assets

Eight insurers are competing to win commissions to provide insurance that will cover the assets of the Egyptian Natural Gas Company (GASCO).

El Molla Visits Sumed’s LNG Platform

Egyptian Minister of Petroleum visited the liquefied natural gas (LNG) recipient platform and related facilities owned by Arab Petroleum Pipelines Company (SUMED) to follow up on the experimental work in the platform and facilities located in Ain Sokhna Port.

Electricity Ministry Announces New Tariffs

The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, announced the details of the new electricity prices according to consumption brackets in an official press conference.

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