El Molla emphasized the importance of improving oil and gas companies in order to increase their productivity to cover local demand of petroleum derivatives specially butane, diesel and benzine.
North Abu Qir3 area's 500bcf gas reserves and 20mb oil reserves are expected to push Abu Qir Petroleum's gas production to reach 300mcf/d and oil production to 7000b/d of condensates and 270 tone of butane daily.
Petrobel invested $948m in oil and gas exploration and operations during the fiscal year 2015/2016, with $426m directed towards the development of wells, leading to a hike in reserves of around 5.8m barrels of crude ...
The Egyptian Chamber of Engineering Industries corresponded with both the ministries of petroleum and industry, as well as Petrogas, in regards to the undersupply of butane tanks to Meet Ghamr aluminum manufacturers. ...
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the country is constructing a new Vapor Recovery Unit (VRU) worth $ 20b within Assiut Refinery, to cover domestic demands of petro ...
Iran has produced a new strategic and rare gas product called pentane, as the first country in the MENA region, having developed the new technology, Iranian Offshore Oil Company (IOOC) announced.
The Egyptian government has set plans to connect the national gas grid to an additional 400 thousand units by the third quarter of the current 2015/2016 fiscal year. The plans will be funded by the world bank's recen ...