EGPC | Egypt Oil & Gas - Part 42

Egypt to Import Crude Oil from Libya

An official source at the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that negotiations with Libya to import 1mb/m of crude oil  for a year are taking place. This comes within the Egyptia...

Egyptian Cabinet Mulls Adjusting Natural Gas Prices

An Official Source at the Egyptian Natural Gas Holding Company(EGAS) stated to Egypt Oil&Gas that the government is considering adjusting natural gas prices in some agreements with foreign oil companies. This step...

El Molla Ensures Operational Efficiency at Alexandria Company

Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the Egyptian petroleum sector is successfully implementing the upgrading and development  plan of refining companies. This came duri...

EGPC, Tax Authority to Discuss Value Added Tarrifs

Egypt’s Tax Authority Vice President, Mohamed Abd El Satar, stated that the Egyptian General Petroleum Corporation (EGPC) will meet with the Tax Authority in order to discuss applying the Value Added Tariff (VAT...

Shell, Petronas Develop Burullus 9B Phase

An official at the Egyptian Natural Gas Holding Company (EGAS) stated that Shell and Petronas began working on phase 9B of the Burullus gas field, reported Al Shorouk Newspaper. The 2 companies drilled 8 wells in West...

Egypt to Negotiating Benzene Imports

An official from the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that Egypt is in talks with several countries to import a total of 2.3m tons of benzene during 2017 in order to cover loca...

EGPC to Supply Gasoline, Diesel to Meet Local Demand

A source at the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that EGPC will pump 16,000 tons of gasoline, and 35,000 tons of diesel to gas stations all over Egypt by the start of March in ...

Egypt’s Refineries Operating at 70% Capacity

An official source at the Egyptian General Petroleum Corporation (EGPC) said that the Egyptian refineries are operating at only 70% capacity due to shortages in inputs and a decrease in the efficiency of the refinerie...

Electricity Ministry’s Debt to Oil Ministry Hit EGP 54b

A source from the Egyptian Natural Gas Holding Company (EGAS) stated to Egypt Oil&Gas that the Ministry of Electricity and Renewable Energy’s debt to the Ministry of Petroleum and Mineral Resources has hit E...

Finance Ministry Increases Cash Allocation to Oil Ministry

In a statement to Egypt Oil&Gas, the Egyptian General Petroleum Corporation (EGPC)’s CEO, Tarek El Hadidy, said that the Finance Ministry increased its allocations for the Ministry of Petroleum and Mineral R...

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