EGPC | Egypt Oil & Gas - Part 43
Al-Jahra SE-1X Oil Well Starts Production
The production of Al-Jahra SE-1X oil well located in Abu Sennan concession in Egypt's Western Desert starts
Misr Iran Bank to Fund Energy Authorities
Egypt's Misr Iran Bank will fund EGP 200m to two government authorities, the Ministry of Electricity and Renewable Energy and the Ministry of Petroleum and Mineral Resources, with each getting EGP 100m in funding.
Shell Announces New Gas Discovery in Egypt
International oil giant, Shell Petroleum Company, discovered a new gas field in Alam El Shawish concession area in the Western Desert, informed Egypt Oil&Gas citing an exclusive press release by Shell Egypt.
Petrogas to Supply 1.5m Tanks of Butane Daily
Petrogas CEO, Adel Al Sheikh, stated that the company will increase the supply of butane gas by 100,000 tanks/d to reach 1.5m tanks/d.
El Molla: Egypt To Increase Oil,Gas Production
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated in a press release that Egypt is focusing on increasing the country’s strategic reserves and production in the oil and gas sector.
Egypt’s Diesel Reserves to Cover 5 Days of Demand
Egyptian General Petroleum Corporation's Chairman, Tarek El Hadidi, stated that Egypt has enough diesel stored to cover five days of local demand, with import cargos arriving regularly. He added that Saudi Arabia's A ...
Electricity Ministry Borrows EGP 5b to Pay EGPC
The Egyptian Ministry of Electricity agreed to obtain a loan worth EGP 5b to pay its dues to the Egyptian General Petroleum Corporation (EGPC) as the ministry needs to pay for fuel provided to power plant.
EGPC to Expand Oil, Diesel Import
The Egyptian General Petroleum Corporation (EGPC) is currently in negotiations with foreign importers to provide oil and diesel to create massive strategic reserves to cover market demands.
