EGPC | Egypt Oil & Gas - Part 41
Egypt Negotiates 250,000 Tons of Fuel Imports
An official source at the petroleum sector stated to Egypt Oil&Gas that the Egyptian government is currently conducting new negotiations with a number of foreign suppliers to import fuel for April and May. As the ...
Egypt and Saudi Aramco to Discuss Shipments
An official source at the Egyptian Ministry of Petroleum and Mineral Resources stated that The Egyptian General Petroleum Corporation(EGPC) and Saudi Aramco will hold meetings by April 2017 to set the supply schedule ...
Egypt’s Cabinet Aiming to Cut 25% of Imported Fuel Cost
An official source at the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that the Egyptian government is willing to reduce the energy consumption to avoid increasing energy subsidies alloca...
Egypt Air Dues to Petroleum Sector Increase
A source from the Egyptian Natural Gas Holding Company (EGAS) stated to Egypt Oil&Gas that Egypt Air’s arrears for the Egyptian General Petroleum Corporation (EGPC) increased from EGP 7b in December 2016 to ...
Egypt Seeks 2m tons of Fuel to Fill Gap
An official at the Egyptian General Petroleum Corporation informed Egypt Oil&Gas that Egypt needs around 2m tons of fuel annually in order to fill the gap between supply and demand. He added that EGPC is keen to ...
USD Price Increases Petroleum Import Bills
An Official at the Egyptian oil and gas sector stated to Egypt Oil&Gas that the $800m import bills of petroleum derivatives increased by $50m per day as the USD exchange rate had reached EGP 18. This rise indicate...
Egypt’s Petrobel Extends Contract for Saipem’s Jack-Up Rig
The Egyptian company Petrobel has extended a contract for Saipem’s jack-up rig for work offshore in Egypt. The Company extended the contract for the Saipem-owned Perro Negro 4 jack-up drilling rig by two additional ye... Fuel Smart Card System to Provide10 Litres a Day
An Official Source at the Egyptian General Petroleum Corporation stated to Egypt Oil&Gas that Sherif’s Cabinet agreed on allocating ten liters of subsidized fuel a day for each citizen registered in the sma...
