News / Egypt

Egypt-Israel Suit to Be Resolved through Negotiations

The Egyptian government expects the current gas dispute with Israel to be settled through negotiations due to Egypt's importance as a terminal for Israeli gas exports.

Egypt Seeking Greater Saudi Investment

Egyptian Prime Minister, Sherif Ismail will meet with Saudi government officials and investors with the goal of increasing economic ties.

Government to Test LPG Card System

The government of Egypt is interested in implementing an LPG card system to help tackle black market, Egypt Oil & Gas reported.

GANOPE Shares FY 2015-2016 Plans

GANOPE Chairman, Abu Bakr Ibrahim, told Egypt Oil & Gas that his company is preparing to announce the results of a seismic, magnetic, and aerial survey conducted by GDF Suez in its concession areas.

Abu Bakr: EBRD to Finance GANOPE’s Projects

EGPC, EGAS, and GANOPE signed a letter of intent with the European Bank for Reconstruction and Development (EBRD) to finance a number of energy projects that the state is in need of, reported Egypt Oil & Gas.

Electricity Ministry Trains African Engineers Amid Renaissance Negotiations

The Egyptian Ministry of Electricity has trained 51 engineers from around Africa's Nile Basin as an effort to increase international cooperation on electricity issues.

EGPC Waiting for $300m in Delayed Aramco Shipments

The EGPC is waiting for $300m in petroleum shipments from Saudi Aramco as a part of a deal that ended in November.

Promotions and Transfers within the Industry

The Ministry of Petroleum and Mineral Resources, Tarek El Molla, approved the following list of promotions within State-owned companies:

WRA in Partnership with the Ministry of Petroleum to Host Egypt Downstream Summit

The World Refining Association (WRA) announced in a press release that the Egypt Downstream Summit & Exhibition will take place on February the 15th, and will be held under the patronage of Tarek El Molla, Minister of Petroleum and Mineral Resource

EGAS Notifies Factories of a 15% Gas Supply Cut

EGAS notified energy intensive factories that they must reduce consumption by 15% from the contracted quantity due to the current low pressure of gas in the National Grid

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