cabinet | Egypt Oil & Gas - Part 6

Cabinet Approves Three E&P Agreements

The Egyptian Cabinet approved three draft laws for three exploration and production (E&P) agreements, according to a statement published on the Cabinet Facebook page. The first draft law is regarding an agreement ...

Cabinet Emphasizes Petroleum Sector Achievements

The Media Center of the Cabinet issued a report shedding light on the most important achievements that led to Egypt’s economic resilience during coronavirus, on top of which are several milestones of the petrole...

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, according...

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 in a meeting with Prime Minister Mostafa Madbouly , a...

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

Prime Minister, Mostafa Madbouli, has opened a new eight-kilometer crude oil pipeline at Al Hamra petroleum port in Al Alamein worth $100 million, according to a statement posted on Cabinet’s Facebook page. Al Hamra l...

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, according to a press release issued by the Cabinet. Accord...

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. July 27 to August 10 Coverage: CBE announced that net international reserves reached $38.314 bil...

Egypt Eases Coronavirus Restrictions

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

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  which were approved by the cabinet , are worth a minimum of $1 billion in addition to a $19 million sign...

Monday Minutes: Economic Snapshot

Monday Minutes: A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience. May 11 to May 18 Coverage: CBE is allowing construction companies with annual revenu...

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