The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced amendments in the latest petroleum sector transfers movement.

The Ministry of Electricity and Renewable Energy decided to amend its electricity production projects plan until 2027 in light of the energy demand stability and production surplus.

The amendments are related the part of the law dealing the collection of fines resulting from the violation of the law.

Egyptian President Abdel Fattah El Sisi has signed into law legislation that allows Minister of Petroleum Tarek El Molla to sign an agreement with both the Egyptian General Petroleum Corporation (EGPC) and Apache East Bahariya Corporation LDC.

The Egyptian Cabinet has approved amending some annexes in the natural gas law number 217 for year 1980 during the Cabinet’s meeting number 110.