EGPC | Egypt Oil & Gas - Part 38
EGAS to Pump 500mcf/d of Gas to Factories
The Egyptian Natural Gas Holding Company (EGAS) will pump 500mcf/d of gas to factories during January 2017.
Egypt to Pay for Halted Fuel Cargoes
The Egyptian Ministry of Petroleum and Mineral Resources will receive $250m from the Ministry of Finance within January to pay dues of fuel providers to be able to import more fuel and release any cargo held in the E ...
Egypt to Import Fuel from UAE
Egypt is negotiating with the United Arab Emirates (UAE) to import petroleum derivatives such as benzene, diesel, and butane.
EGPC Hedged USD on Weekly Basis
International oil companies (IOC) operating in Egypt pay contractors at an exchange rate that is set weekly by the Egyptian General Petroleum Corporation (EGPC).
Egypt to Produce 705,000b/d of Oil
Egypt will increase production of crude oil and condensates to reach 705,000b/d before the end of June 2017
EGPC Supplies 1m Butane Bottles Daily
The Egyptian General Petroleum Corporation (EGPC) supplies around 1m butane bottles per day during winter to cover local demands all over the country.
Merlon to Invest $54m in Fayoum Concession
US Merlon International Oil Company decided to invest $54m in the development and production operations at its Fayum concession in Egypt.
EGPC Launched Diesel Tenders
The Egyptian General Petroleum Corporation (EGPC) has launched two oil tenders to import 1.012m tons of diesel to be received in February and March 2017.
