EGPC | Egypt Oil & Gas - Part 40
Egyptian Oil & Gas Taxes Estimated at EGP 44.17b
Egyptian oil and gas taxes were estimated to increase in the new budget of fiscal year 2017/2018 by 37.7% from the EGP 32.09b allocated in 2016/2017 to reach EGP 44.17b, an official at the Egyptian General Petroleum C... El Molla Chaired EDC’s General Assembly
A press release to Egypt Oil&Gas stated that Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly of the Egyptian Drilling Company (EDC), to review 2016 results, i...
Egypt to Boost Gas Production
An official source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that the Ministry of Petroleum and Mineral Resources has approved its new plan at the beginning of April ...
Egypt Mulls Returning to Libya
The Egyptian General Petroleum Corporation (EGPC) and Egypt’s petroleum projects construction company Petrojet are considering reactivating their presence in Libya, Libya Herald reported. Both companies held meetings ...
Fuel Prices Hikes Expected Next Fiscal Year
Egypt’s government is planning to raise fuel prices next fiscal year in effort to keep subsidies spending on budget. The government is aiming to ensure that the fuel subsidy spending meets the target laid out in...
Egypt to Receive Diesel Cargo from Saudi Aramco
Egypt is expected to receive a diesel cargo from Saudi Aramco within the next few days as a part of the contract inked in April 2016. The Egyptian General Petroleum Corporation (EGPC)’s Chairman, Abde Ezz El Reg... EGPC in Talks to Borrow EGP 10b
The Egyptian General Petroleum Corporation (EGPC) is in talks over obtaining a loan worth of EGP 10b from a bank alliance led by CIB bank, reported Al Mal News. The requested amount is to finance importing petroleum s...
Egypt’s Petrochemical Projects to Start Producing by May
An official source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that mega petrochemical projects will start providing the local market with fuel by May 2017. He pointed ...
