Car Conversion Project | Egypt Oil & Gas

MoP Highlights Objectives of Car Conversion Project

The Ministry of Petroleum and Mineral Resources is targeting environmental, economic, and industrial goals among others through a project to switch more vehicles in Egypt to run on natural gas, according to a stat ...

Egypt Allocates EGP 2.1 B For Green Initiative Incentives

Egypt has allocated EGP 2.1 billion in the next fiscal year’s budget to finance the first phase of the green initiative, which aims to replace 250,000 vehicles to run on natural gas in the governorates of Cairo, G ...

Petroleum Investments Surpass EGP 1.2 T in 6 Years

The petroleum sector’s investment rate over the past six years has surpassed EGP 1.2 trillion in addition to attracting about 90% of foreign investment to Egypt.

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