The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a meeting to increase Egypt’s role as an integrated central hub for ship supply services which contribute in maximizing the added value.

The Ministry of Planning and Economic Development (MPED) allocated EGP 4.9 billion of investments to the oil and gas sector during the fiscal year (FY) 2020/21;  29.5% of total investments in Alexandria.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Minister of Environment, Yasmine Fouad, followed up on the environmental compliance and reform plans concerning the industrial drainage issue facing petroleum companies operating in the Gulf of Suez and Alexandria.

SIDPEC signed a final contract with Alex Fiber to acquire a land lot, which it will use to construct a $1.2 billion expansion project to produce propylene and polypropylene.

The government is considering a project to establish a petrochemicals complex in Alexandria, with around $5 billion in investments, beside a current $1.5-billion factory.

ECHEM announced that Sidi Kerir “Sidpec” expansion in Alexandria will be implemented over two phases with $1.7 billion investments.

The Egyptian Ministry of Petroleum and Mineral Resources, along with the ECHEM and Sidpec, plans to establish a new polypropylene factory in Sidpec's headquarter in Alexandria.

The Egyptian General Petroleum Corporation (EGPC) seeks to buy 202,000 tons of LNG to be received by October

Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, visited the petrochemicals projects in Alexandria governorate to follow up on the performance rate of the new projects and expansion plans.

Tarek El Molla, Minister of Petroleum and Mineral Resources, and Mohamed Ahmed Abdel Zaher, Governor of Alexandria, have launched the 8th Mediterranean Offshore Conference and Exhibition (MOC) on April 19th, under the auspices of Prime Minister Sherif Ismail, a ministry press release stated.