EGPC | Egypt Oil & Gas - Part 37

EGPC | Egypt Oil & Gas - Part 37

Egyptian Refineries Secure 65% of Local Fuel Demand

Egyptian refineries secure approximately 65% of the country’s daily demands for petroleum products.

El Molla Announces New Promotions and Transfers

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced a slate of appointments and promotions.

Egypt Pumps 300,000 tons of Diesel Weekly

Egypt pumps around 300,000 tons of diesel per week in order to cover fuel needs of the country's different sector.

Egypt Pays $1.1B to Cover Fuel Demands

The Egyptian oil and gas sector secures petroleum products worth $1.1 billion on a weekly basis in order to cover the local consumption.

EGPC to Launch a New Exploration Tender

The Egyptian General Petroleum Corporation (EGPC) is planning to launch an oil and gas exploration tender before the end of 2017, Minister of Petroleum and Mineral Resources.

Butane Imports Surpass 180,000 tons

Egypt imports more than 180,000 of butane on a monthly basis to cover citizens' demands and the demands of sectors using butane, such as farms and bakeries, the Head of EGPC stated.

El Molla Reviews Modernization Program at EGPC

The modernization program is in line with the reform programs and development plans adopted by the state on all tracks, the minister stated.

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.

Page 37 of 65

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