The governor of the Central Bank of Egypt (CBE), Tarek Amer, said that the bank will pay $750m of arrears to International Oil Companies( IOCs) by June 2017. Amer mentioned that the bank already paid $750m earlier, a...
A press release to Egypt Oil&Gas stated that Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, said that implementing new refining projects and developing the existing units is essential t...
A press release to Egypt Oil&Gas stated that Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the meeting of the Higher Committee responsible for following up the progress of the ...
The Egyptian General Petroleum Corporation (EGPC)’s Head, Abed Ezz El Regal, stated during the meeting at the American Chamber of Commerce that Egyptian arrears to international oil companies (IOCs) decreased fr...
The first two fields of West Nile Delta, Taurus and Libra, has started first gas on the 24th March 2017. Nine wells have now been commissioned and the fields are currently producing at a flow rate of more than 700mcf/...
An Official at the Egyptian General Petroleum Corporation (EGPC) told Egypt Oil&Gas that Egypt will need to increase the allocation for importing petroleum products from EGP 140b in 2017 to reach EGP 185b in 2018....
Alexandria Mineral Oils Company (AMOC) has reached an agreement to buy condensates produced by Dana Gas. The agreement will be signed within a week, Al Shorouk informed, citing AMOC’s Chairperson, Amr Mustafa. A...
An Official Source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that the Egyptian Government allocated $3b for gas imports in 2018, raising the gas imports allocations b...
Parliamentary sources said that the dues owed by governmental agencies to the Egyptian General Petroleum Corporation (EGPC) amounted to EGP 121b at the end of the past fiscal year 2015/2016, according to Daily News Eg...
A press release to Egypt Oil&Gas stated that Egyptâs Minister of Petroleum and Mineral Resources, Tarek El Molla, met with China Development Bank (CDB)’s CEO and his accompanying delegation to discuss the po...