EGPC | Egypt Oil & Gas - Part 34
Egypt to Pay $250 M Arrears to IOCs in March
The Egyptian government plans to repay $250 million in arrears to international oil companies (IOCs) in March 2018, according to Amwal Al Ghad. The Ministry of Petroleum and Mineral Resources has paid $300 million, an...
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, said Abed Ezz El Regal, Head of the Egyptian General Petroleum Corporation (EGPC), according to Amwal Al Ghad. ...
Petroleum Ministry Settles Disagreements between Firms
As a part of Egypt’s strategy to encourage investments through settling disputes, the Ministry of Petroleum and Mineral Resources has worked on getting the points of view of the Egyptian General Petroleum Corpor...
EGPC, Shell Sign Bapetco Development Agreement
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the agreement signing for the development of Badr Petroleum Company (Bapetco), which comes among the initiatives announced during the... NBK-Egypt Renews Financing Deal Worth $10 B for EGPC
The National Bank of Kuwait-Egypt (NBK-Egypt) agreed on the renewal of a $10 billion financing agreement to support the Egyptian General Petroleum Corporation (EGPC) to meet its financial needs, Al Mal News reported. ...
NBE to Manage Cash Revenues of Zohr
Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz EL Regal, signed an agreement with National Bank of Egypt (NBE) Board of Directors’ Chairperson, Hisham Okasha, to allow the latter to manage c... Egypt’s Diesel Consumption Reaches 305,000 Tons/Week
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), told Amwal Al Ghad. Most of Egypt’s dies...
Egyptian Oil Firms Seeking to Double EGP 10 B Loan
Egypt’s Co-Operation Petroleum Company (COOP) and Misr Petroleum Company sent a letter to an Egyptian banking consortium asking to double their EGP 10 billion loan, which was granted late 2014, Source told Al Mal News...
