cabinet | Egypt Oil & Gas - Part 5

Cabinet Denies Electricity Prices Increase for July

The Cabinet said that the assumed percentage is inaccurate and any official increase will be announced by the Cabinet through an official press conference.

Cabinet Approves Solar Project Talks with Eni

The cabinet approved establishing a 200 MW solar plant by Eni, considering that the price of electricity produced from the plant will be of the same value as the prices received to transmit electricity in Kom Ombo ...

Cabinet Promotes Natural Gas-Powered Vehicles

Prime Minister, Mostafa Madbouly, highlighted directives by President Abdel Fattah El Sisi to boost encouraging citizens to turn their cars into natural gas and electric-powered ones.

Cabinet Rejects Rumors of Fuel Price Increase

The media department of the Egyptian cabinet has rejected rumors about a new fuel price increase in 2018 to decrease the budget deficit.

Cabinet Approves Exploration and Development in Nile Delta

The Egyptian Cabinet has approved a decree allowing Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian General Petroleum Corporation, the Italian Egyptian Oil Company ...

Cabinet Approves Offshore Propylene Platform

The Egyptian cabinet approved establishing an offshore floating platform at Gameel area, West Port Said, to receive propane gas and liquefied propylene.

Cabinet Issues E&P Agreements Licenses

The Egyptian cabinet has issued a license to amend the exploration and production (E&P) agreement for the Ras Qattara Concession.

Egyptian Cabinet Approves Amendments in Gas Law

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.

Cabinet Approves E&P Agreements in Suez Gulf

Egyptian Cabinet has approved a draft law to license the Minister of Petroleum and Mineral Resources to contract with EGPC and BP Exploration (Delta) Ltd. for exploration and production (E&P) activities in the nor ...

Egyptian Cabinet Approves EBRD $200 M Loan

Egyptian Cabinet has approved the $200 million loan agreement with the European Bank for Reconstruction and Development (EBRD), which is set to finance the modernization of a number of selected gas infrastructure ...

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