cabinet | Egypt Oil & Gas - Part 8
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, Egypt Oil & Gas reports. The amendments stated that the Egyptian Gen...
Cabinet Approves E&P Agreements in Suez Gulf
The Egyptian Cabinet has approved a draft law to license the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and BP Exploration (Delta) Ltd. for explorati...
Egyptian Cabinet Approves EBRD $200 M Loan
The 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 ...
EGPC to Supervise Development in Ras Fanar
The Egyptian Cabinet granted preliminary approval for the Egyptian Natural Petroleum Corporation (EGPC) to supervise the development of the Ras Fanar area, Egypt Oil & Gas reports. According to the cabinet’s preli...
Cabinet Extends SUMED’s Mandate
The Egyptian cabinet extended the Arab Petroleum Pipeline Company’s (SUMED’s) mandate for an additional 27 years, Egypt Oil & Gas reports. SUMED is state-sanctioned joint venture between the Egyptian General Petro...
MoF: No Increase in Fuel Prices until Next July
There will be no further increase in fuel prices during the fiscal year (FY) 2017/18, the Egyptian Minister of Finance stated during a call to ON TV, he further added that the government will continue to reduce energy... Cabinet Approves Six Agreements between EGPC and IOCs
The Egyptian cabinet met on the 25th of May 2017 for a meeting chaired by Prime Minister Sherif Ismail. During the meeting, the cabinet approved six agreements between the Egyptian General Petroleum Company (EGPC) and...
Egypt Increases Smart Card Program Participation
E-Finance’s Smart Cards Manager, Khaled Abdel Ghany, stated to Egypt Oil&Gas that 12,000 more Egyptian citizens applied for fuel smart cards throughout this week, adding that the fuel smart cards system has ...
