News / Egypt

El Molla Executed New Reshuffles

Minister of Petroleum and Mineral Resources, Tarek EL Molla, issued new promotions and transfers in the petroleum sector.

Ganope Signed New Concession Agreements

Ganoub El Wadi Petroleum Company (Ganope) signed two new concession agreements with Joint Stock Company Naftogaz of Ukraine Overseas Petroleum.

Egypt Can Contain Aramco’s Shipment Halts

Former Egyptian Minister of Petroleum, Osama Kamal, said refineries can replace Aramco halted shipments.

Natural Gas Pumping Saves $350m/m

Egyptian Presidency urged the delivery of natural gas to households across the governorates to replace butane consumption.

El Molla and BP’s CEO Reviewed West Delta Project

Egyptian Minister of Petroleum, Tarek El Molla, and BP's CEO, Bernard Looney, reviewed the status of West Delta development project.

Egypt to Increase Gas Production to 6.2bcf/d in 2017

Egyptian government plans to increase natural gas production from 4.5bcf/d to be 6.2bcf/d within 2017.

Around 6.2m Egyptians Applied for Fuel Smart Cards

Egyptians who applied for fuel smart cards until the 10th of March 2017 reached 6.2m citizens.

Orascom Seeks Consortium for a $8b Coal Plant Bid

Orascom Construction is in talks to form a consortium to bid on establishing the 6000 MW $8b Hamrawein clean coal power plant, CEO, Osama Bishai said. Bishai named Shanghai Electric, Dongfang Electric, Mitsubishi Hitachi, and Sumitomo Electric, as potential partners the company is negotiating with.

Egypt Launches Interconnection Projects

Egypt's Electricity Ministry has begun work on electricity interconnection projects with Saudi Arabia, Jordan, Syria, Lebanon, Iraq, Morocco, Libya, Tunisia, and Algeria, in a bid to export the surplus power.

EGAS Cuts Natural Gas Imports

The Egyptian Natural Gas Holding Company ( EGAS) has cut its imports of natural gas imports to five monthly shipments (equivalent to 700 mcf/d) from eight (800 mcf/d) since the beginning of 2017 thanks to rising domestic production and lower consumption.

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