E&P Activities to be Exempted from VAT
The Egyptian Ministry of Finance is preparing a list of oil and gas exploration-and-production (E&P) activities to be exempted from the value-added tax (VAT).
News / Egypt
Ganope Drills 13 Exploratory Wells
During fiscal year (FY) 2016/2017, Ganoub El Wadi Petroleum Company (Ganope) drilled 13 exploratory new wells.
Egypt Highlights Economic Opportunities for Bahrain
The Egyptian Minister of Finance, Amr El Garhy, participating in the International Institute for Strategic Studies (IISS) Geo-Economic Forum, highlighted the complementary nature of the Egyptian and Bahraini economies.
Town Gas Launches New Online Service in Port Said
Town Gas Company has launched a new service to enable Port Said residents to apply online for natural gas delivery.
Egypt’s LNG Imports to Fall to 80 Cargoes
Egypt will import $1.8 billion worth of liquefied natural gas (LNG) during fiscal year (FY) 2017/2018.
El Molla: Exploration Agreements in the Works
Egypt is preparing to finalize eight new oil and gas exploration agreements.
Nasr: Rolling Back Red Tape Essential to Increase Investment
The Minister of Investment and International Cooperation, Sahar Nasr, said that her ministry was working to eliminate red tape and bureaucratic measures that discourage investment.
Shaker: Egypt Moving Forward on Nuclear Plant
Egypt has concluded contracts to finance, supply, and maintain its planned nuclear power plant at El Dabaa.
ECHEM Revenues Reach EGP 1.141B
The Egyptian Petrochemicals Holding Company (ECHEM) increased its revenues in fiscal year (FY) 2016/2017 to EGP 1.141 billion, a 56.6% increase from FY 2015/2016.
Edison to Drill Deepwater Exploratory Well
Edison plans to drill a deepwater exploratory well in the Eastern Mediterranean.
