EGPC | Egypt Oil & Gas - Part 30

EGPC Has Signed 439 Agreements Since ’73

Between 1973 and October 2017, the Egyptian General Petroleum Corporation (EGPC) signed 439 oil and gas agreements.

El Shazly: E&P Agreements Linked to LCPs

Egypt’s exploration and production (E&P) agreements are linked to its local-content policies (LCPs).

EGPC Produces 290,000 tons of Diesel per Week

The Egyptian General Petroleum Corporation (EGPC) produces approximately 290,000 tons of diesel per week.

Egypt Receives Last Shipment of Iraqi Crude

Egypt expected to receive its last shipment of Iraqi crude oil—under April’s import agreement with Iraq—on October 17th.

Egyptian Crude Reserves at 2.4B Barrels

Egypt possesses 2.4 billion barrels of oil and condensate reserves as of October 2017.

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.

Page 30 of 59

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