EGPC | Egypt Oil & Gas - Part 42
Egypt to Boost Oil Output
Egypt plans to increase production of crude oil and condensates from 690,000bpd to 707,000bpd by the end of fiscal year 2016/2017.
Egypt, Iraq Talked Oil Relations
The Egyptian Minister of Petroleum, Tarek El Molla, visited Iraq and met with Iraqi officials led by the Iraqi Prime Minister, Haider al Abadi.
Egypt Bought 15% in Iraqi Gas Field
The Egyptian General Petroleum Corporation (EGPC) has signed a contract with Kuwait Energy oil firm on its Siba gas field, which is located southeast of Basra Governorate in Iraq. According to the agreement, EGPC wil ...
EGPC Launched Fuel Tender
The Egyptian General Petroleum Corporation (EGPC) launched a tender to receive oil and gas imports during the first half of November.
Egypt Approved Oil,Gas Exploration Licenses
The Egyptian Parliament's Energy and Environment Committee, in accordance with the committee for Constitutional and Legislative Affairs, approved 6 new exploration oil and gas agreements.
IDB to Cover Fuel Imports
Egypt is in talks with the Islamic Development Bank (IDB) to secure funds for the Egyptian General Petroleum Corporation (EGPC) to import petroleum derivatives,
ERC to Payoff Mostorod Loans in 2018
The Egyptian Refining Company will begin paying off the first installment of external loans for the company's refining project at Mostorod starting 2018, immediately following the project's launch.
Egypt to Settle Power Plants’ Gas Bill
Starting January 2017, the Ministry of Electricity plans on settling it's outstanding dues of EGP 60b for gas purchases used in fueling power stations.
