EGPC | Egypt Oil & Gas - Part 26
Fuel Prices Not to Increase for Industrial Sector
Fuel provided for the industry sector will not face any price increase, except for cement industry, according to EGPC's CEO.
Fleet Energy to Import LNG from Egypt
UAE’s Fleet Energy Inc. has been granted approval to import liquefied natural gas (LNG) from Egypt.
Echo Energy Sells Stake to Partner Nostra Terra
Echo Energy has sold its 25% interest in Egyptian East Ghazalat licence to its joint venture partner, Nostra Terra.
Amer: CBE to Pay $750m to IOCs by June
Tarek Amer, said that the CBE will pay $750m of arrears to International Oil Companies( IOCs) by June 2017.
El Molla Visited ERC and CORC
El Molla visited the project of the Egyptian Refining Company (ERC) annd the refinery of the Cairo Oil Refining Company (CORC) in Mostorod.
El Molla Reviewed Atoll Field Status
BP has completed 53% of the development work being carried out at the North Damietta offshore concession.
Egyptian Arrears to IOCs Decreased
Egyptian arrears to IOCs decreased from $3.6b to $3.4b by end of April 2017.
DEA Grows Following West Nile Delta Production
Production from the offshore WND gas fields commenced on the 24th March 2017 contributing to DEA’s growth.
