EGPC | Egypt Oil & Gas - Part 28
EGPC in Talks to Borrow EGP 10b
The Egyptian General Petroleum Corporation (EGPC) is in talks to borrow an amount of EGP 10b from a CIB-led alliance.
Egypt’s Petrochemical Projects to Start Producing by May
Mega petrochemical projects will start providing the local market with fuel by May, pointing out that these projects are able to solve the deficit between natural gas consumption and production.
El Molla: Human Capital is The Key Factor to Increase Revenue
The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that developing the capabilities of both human capital and assets are important to keep up with the latest advanced technologies, as well as to ...
Aramco to Deliver Two Gasoline Shipments to Egypt
Egypt is set to receive two shipments of gasoline as part of the oil shipments supplied by Saudi Aramco by the end of March.
Egypt Negotiates 250,000 Tons of Fuel Imports
The Egyptian government is currently conducting new negotiations with a number of foreign suppliers to import fuel for April and May.
Egypt and Saudi Aramco to Discuss Shipments
The Egyptian General Petroleum Corporation(EGPC) and Saudi Aramco will hold meetings by April 2017 to set the supply schedule and quantities required according to Egypt's needs of petroleum products.
Egypt’s Cabinet Aiming to Cut 25% of Imported Fuel Cost
The Egyptian government is willing to reduce the energy consumption to avoid increasing energy subsidies allocations to EGP100b in 2017 / 2018 budget.
Egypt Air Dues to Petroleum Sector Increase
Egypt Air's arrears for the Egyptian oil and gas sector increased to be EGP 8.2b in March 2017.
