cabinet | Egypt Oil & Gas - Part 4

Natural Gas Vehicles to Save Citizen EGP 1,200 Monthly

The Minister of Petroleum and Mineral Resources, Tarek El Molla, said that natural gas usage as fuel will save about EGP 1,200 monthly for each citizen who uses an average 10 liters of gasoline 92 per month.

Oil Pipeline from Iraq to Egypt, Jordan Gets Considered

The Minister of Petroleum and Mineral Resources, Tarek El Molla, raised the subject of establishing a pipeline to transport crude oil from Iraq to Egypt and Jordan.

Madbouli Inaugurates Crude Pipeline at Al Hamra Port Worth $100 MM

The Prime Minister, Mostafa Madbouly, had opened an eight-kilometer new crude oil pipeline at Al Hamra petroleum port in Al Alamein worth $100 million.

Gamea Reviews Details for NGVs Conversion Initiative

The Minister of Commerce and Industry, Neveen Gamea, reviewed new details of the initiative to replace obsolete vehicles with vehicles running on natural gas.

Monday Minutes: Economic Snapshot

A summary of last two week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Egypt Eases Coronavirus Restrictions

The Prime Minister, Moustafa Madbouly, announced alleviating the precautionary measures taken to combat coronavirus and abolished nighttime curfew that was imposed to limit the spread of the disease.

El Molla: New 12 Petroleum Agreements Worth $1 B

The Minister of Petroleum and Mineral Resources, Tarek EL Molla, announced that the new 12 petroleum agreements on which the cabinet has approved, worth minimum $1 billion in addition to $19 billion as a signature ...

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

El Molla, Shaker to Sign a Protocol to Adjust Debts

The Minister of Petroleum and Mineral Resources, Tarek El Molla, agreed with the Minister of Electricity and Renewable Energy, Mohamed Shaker, to sign a protocol that aims at settling both ministries' debts and ad ...

Petroleum Sector Achieves EGP 3 B Surplus in Q1 2019/20

The Minister of Finance, Mohamed Maat, said that the petroleum sector achieved a surplus of EGP 3 billion in Q1 of fiscal year (FY) 2019/2020.

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