Egyptian Crude Reserves at 2.4B Barrels
Egypt possesses 2.4 billion barrels of oil and condensate reserves as of October 2017.
EGPC | Egypt Oil & Gas - Part 24
El Molla Pushs Oil Exploration and Drilling
Egyptian companies must prioritize exploration and drilling for oil, the Minister of Petroleum and Mineral Resources, Tarek El Molla, said.
Egypt to Launch New E&P Tender
The Egyptian General Petroleum Corporation (EGPC) is planning to launch a new exploration and production (E&P) tender before the end of 2017.
El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced new appointments and promotions.
Egypt Produces 626,000 b/d of Crude & Condensates
Egypt produced an average of 626,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2016/2017.
Petrochemical Complex to Begin Production in 2021
The Egyptian Petrochemicals Holding Company (ECHEM) is constructing a $3 billion petrochemical and refining complex in the Suez Canal Economic Zone.
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.
Diesel Consumption Falls by 8%
Diesel consumption has fallen by approximately 8% in 2017.
Cabinet Extends SUMED’s Mandate
The Egyptian cabinet extended the Arab Petroleum Pipeline Company’s (SUMED’s) mandate for an additional 27 years.
