diesel | Egypt Oil & Gas - Part 16
Update: Coal and Declining Oil Prices Help Reduce Fuel Subsidies, says El-Molla
“Oil subsidies during the current FY (to end June 30) amounted to 70 billion EGP, down from an estimated 100 billion EGP in the state budget,” Molla said.
ITFC Funds Egypt’s Diesel and Petroleum Imports
An agreement on receiving funds from the International Islamic Trade Finance Corporation (ITFC) to import “essential goods” into Egypt was signed by President Abdel Fatah al-Sisi Thursday.
EGPC Increases Diesel Supply by 2000/Day in Anticipation of Fuel Demand Hike
EGPC raised the quantity of diesel fuel supplied to the local market to 40 thousand tons from the original 38 thousand tons by adding an extra 2000 tons per day.
Egypt Opens Bid for Diesel Imports
Egyptian General Petroleum Corporation (EGPC) revealed on Friday a bid to import four shipments of diesel oil (768,000 tons), in efforts to provide the required fuel needed to supply electricity stations during the s ...
MIDOR Signs $1.4 bn Deal to Expand Refinery
Egypt’s state-run petroleum refinery MIDOR has signed two deals worth $1.4 billion with US-based engineering company UOP to raise its capacity.
PM Mehleb Informed of Diesel Shortage Threat
Diesel shortage is delaying implementation of construction projects, says Abdellah
Shell’s Qatar Plant for 2-Month ‘Turnaround’ Maintenance
Royal Dutch Shell has entered planned maintenance in February 2015 at the Pearl gas-to-liquids (GTL) plant, in Qatar.
Iran Boosting Diesel Exports for March
An Iranian Petroleum Ministry official says Iran will start exporting diesel fuel to international target markets in March.
