Diesel Consumption Exceeds 1.2 M Tons per Month
Egypt's consumption of diesel exceeded 1.2 million ton per month, across all the consuming sectors.
Egypt's consumption of diesel exceeded 1.2 million ton per month, across all the consuming sectors.
The Ministry of Petroleum and Mineral Resources is trying to approximate points of views between EGPC, EGAS and holding companies, and Taqa Gas Group.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the agreement signing for the development of Badr Petroleum Company (Bapetco).
The National Bank of Kuwait-Egypt (NBK-Egypt) agreed on the renewal of a $10 billion financing agreement to support EGPC to meet its financial needs.
EGPC, NBE sign an agreement to manage cash revenues of Egypt's giant natural gas field Zohr.
Diesel consumption in the Egyptian market reached around 305,000 tons per week across all sectors, Abed Ezz El Regal, Head of the Egyptian General Petroleum Corporation (EGPC), said.
Egypt’s Co-Operation Petroleum Company (COOP) and Misr Petroleum Company sent a letter to an Egyptian banking consortium asking to double an EGP 10 billion loan, which was granted late 2014.
The Cabinet approved four oil and gas exploration and production (E&P) agreements worth $230 million.
The Egyptian General Petroleum Corporation (EGPC) distributed 300,000 butane cylinders within the last week.
The production capacity of Egypt’s refineries rose to 39 million tons per year after the rehabilitation of several refineries.