EGPC | Egypt Oil & Gas - Part 23

GASCO’s Distribution Rises 6% in 2018

Developing the national grid is an essential component in Egypt’s strategy to become a regional hub for natural gas

Diesel Consumption Exceeds 1 M Tons in February

The country's refinery production capacity ranged between 500,000 and 550,000 tons in February 2019, covering around 50% of consumption, Ezz El Regal noted, adding that Egypt secures the remaining amounts through ...

Egypt to Launch 3 E&P Bid Rounds in 2019

EGAS will launch an E&P bid round to search for natural gas in the West Mediterranean.

Petroceltic to File an Arbitration Case against EGPC

The company plans to file an arbitration case as EGPC breached obligations in several gas sales agreements and was not able to pay its debts in time.

Egypt Announces Winning Bids for 12 New Concessions

Egypt’s Minister of Petroleum Tarek El Molla announced the winners of the bid rounds that were announced last year with EGPC and EGAS, on the sidelines of EGYPS 2019.

Egypt Consumes 1 M tons of Diesel in January

The country produced between 520,000 and 550,000 tons of diesel via all its refineries in January, covering around 50% of the market's consumption.

Egypt Pays $3.1/mtu for Gas from North Alexandria, WDDM Fields

The Egyptian General Petroleum Corporation (EGPC) pays $3.1 per 1 million thermal unit (mtu), which is the minimum price stated in the agreement with BP, from the North Alexandria and West Delta Deep Marine (WDDM) ...

Electricity Debts to Petroleum Sector Reach EGP 150 B

Electricity ministry's debts to the Egyptian General Petroleum Corporation (EGPC) reached EGP 150 billion at the end of November 2018.

Schlumberger Signs Three MoUs during ECE Inauguration

Schlumberger has officially inaugurated the Egypt Center of Efficiency (ECE) facility at the Polaris Industrial City in 6th of October. The event also witnessed the signing of three memoranda of understanding (MoU ...

Egypt Reviews Financial Offers for E&P Tender

Egypt has reviewed financial offers for the exploration and production (E&P) tender launched for Egyptian concessions.

Page 23 of 59

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