Coronavirus | Egypt Oil & Gas - Part 4
ADNOC Increases Efforts to Sell Fuel to China
Abu Dhabi National Oil Company’s (ADNOC) main refinery is pushing for fuel sales in China after the Chinese economy is starting to show signs of recovery from the coronavirus, according to Bloomberg. The Ruwais refine...
Petroleum, Tourism Ministries Agree to Cut Airline Fuel Prices by $0.10 Per Gallon
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has agreed with the Minister of Tourism and Antiquities, Kaheld Al Anany to cut the fuel prices for airlines by $0.10 per gallon, according to a stateme...
Petroleum Ministry: Egypt Not Affected By Oil Prices’ Collapse
The Spokesman of the Minister of Petroleum and Mineral Resources, Hamdy Abdel Aziz, said that the drop of the West Texas Intermediate (WTI) prices will not affect Egypt at all as it is related only to US, according to...
Egypt’s Oil Sector Thrives Amid Lockdown, Oil Crisis
The Former Minister of Petroleum and Mineral Resources, Osama Kamal, said that Egypt has benefited from the oil price decline during the last period by storing sufficient quantities of oil, according to his call on Am...
Egypt Assures Sufficiency of Butane Despite Coronavirus
The Head of Petrogas Company, Raafat Abdel Hady, said that Egypt is working hard to provide sufficient butane cylinders despite the current situation of coronavirus at a price of EGP 65, according to his statements to...
Egypt Profits from Al Sukari to Reach EGP 5.8 B
The General Manager of Centamin Egypt company, Youssef El Raghy, disclosed that the Egyptian government’s total profits form Al Sukari gold mine is about to reach EGP 5.8 billion since it has officially been a stakeho...
