EGPC | Egypt Oil & Gas - Part 42

EGPC | Egypt Oil & Gas - Part 42

GPC to Produce 6,000b/d of Crude Oil in 2017

Egypt Oil and Gas that the company set a new plan to raise its production rate during 2017. GPC is seeking to reach nearly 6k b/d of crude oil.

EGPC, NBE Agreed on Gas Meters Installment

The Egyptian General Petroleum Corporation (EGPC) agreed with the National Bank of Egypt (NBE) on the installments for gas meters at the housing units all over the country to be paid during 1 to 7 years.

MIDOR Raises Refining Capacity by 15%

Middle East Oil Refinery (MIDOR) has raised its daily refining capacity by 15% to 115k b/d in January 2017.

Egypt to Boost Natural Gas Production

Egypt's natural gas production is going to increase during the current year due to the ongoing development of gas fields.

Egypt to Repay $3.5b to IOCs

The Egyptian General Petroleum Corporation (EGPC) set payment exchange rate at EGP 17 for each $1.

MIDOR Refinery to Process Iraqi Crude Oil

The Egyptian General Petroleum Corporation (EGPC) is studying refining Iraqi crude from Basra in MIDOR refinery.

EGAS Set Gas Transmission Tariff

the Egyptian Natural Gas Holding Company (EGAS) will set a preliminary price of $0.4 per 1mbtu for the use the Egypt's national gas distributor grid by private companies.

Egypt to Boost Natural Gas Output

Egypt plans to increase natural gas production from 4.4bcf/d to 5bcf/d in 2017.

Aramco’s Shipments Remain Halted

Saudi Aramco did not send January fuel cargos. Thus the 700,000 tons cargo of petroleum derivatives was halted for four consecutive months.

Egypt Signed New Exploration Deals

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new oil and gas exploration agreements.

Page 42 of 65

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