News / Egypt
EGAS Decreases Gas Imports, Restores Full Industrial Supply
The Egyptian Natural Gas Holding Company (EGAS) has reduced gas imports to around 700mcf/d from 1bf/d in November over declining domestic consumption, allowing the company to fully supply gas to high-consuming factories.
EGAS: Gas Fulfillments to Fertilizer Plants Return to 100%
EGAS announced that the gas capacity pumped to fertilizer plants has been restored to 100% of fulfillment of contractual obligations, after dropping to 85% due to reduced capacity in the national gas network.
EGPC Presents Monthly Needs to International Cooperation Ministry
The Egyptian General Petroleum Corporation (EGPC) presented its monthly petroleum needs report to the Ministry of International Corporation.
Eastern Libyan State Oil Company Signs Deal with Egypt
The state oil company of Libya’s eastern government has completed a deal to sell 2m barrels of oil to Egypt.
Egyptian Banks to Co-Finance Siemens Power Plants
The Egyptian Electricity Holding Company has signed a loan contract with a consortium of 10 Egyptian banks worth EGP10b ($1.2b) to partially finance three new power plants to be built by German firm Siemens.
President Sisi Meets with OAPEC Ministers
President Abdul Fattah El-Sisi met with ministers and delegates from member states of the Organization of Arab Petroleum Exporting Countries (OAPEC) to discuss regional energy issues.
Saudi Pledges New Investments, Oil Support for Egypt
Saudi Arabia and Egypt signed an agreement that will renew kingdom's economic support for Cairo via oil assistance and additional $8b worth of investments in the next five years.
Former Minister: Official Cost for Liter of Gasoline EGP7
The official cost for a liter of gasoline in Egypt is EGP7, said Osama Kamal, the former Minister of Petroleum. 
