EGPC | Egypt Oil & Gas - Part 43

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

The General Petroleum Company’s (GPC) Production Manager, Ahmed El Gedawy, stated to Egypt Oil&Gas that the company has set a new plan to raise its production rate during 2017. GPC is seeking to reach nearly...

EGPC, NBE Agreed on Gas Meters Installment

An official source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that the company agreed with the National Bank of Egypt (NBE) on the installments for gas meters at the h...

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. The increase is attributed to the $20m first phase of the company’s expansion plan. The second phase begins ...

Egypt to Boost Natural Gas Production

A press release to Egypt Oil&Gas stated, The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, said that Egypt’s natural gas production is going to increase during the current year due to...

Egypt to Repay $3.5b to IOCs

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Egypt is committed to repaying the $3.5b debts for international oil companies (IOCs) even with the recent USD shortage, reported R...

MIDOR Refinery to Process Iraqi Crude Oil

The Egyptian General Petroleum Corporation (EGPC) is studying refining Iraqi crude oil that will be imported from Basra in February and March 2017 in Middle East Oil Refinery (MIDOR) as it works with a higher capacity...

EGAS Set Gas Transmission Tariff

Egyptian Media reported the 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, citing a sou...

Egypt to Boost Natural Gas Output

A source at the Egyptian Ministry of Petroleum and Mineral Resources stated to Egypt Oil&Gas that Egypt plans to increase natural gas production from 4.4bcf/d to 5bcf/d in 2017. The plan will be executed through c...

Aramco’s Shipments Remain Halted

A source at the Egyptian Ministry of Petroleum and Mineral Resources stated to Egypt Oil&Gas that Saudi Aramco did not send January fuel cargos. Thus the 700,000 tons cargo of petroleum derivatives was halted for ...

Egypt Signed New Exploration Deals

A press release to Egypt Oil&Gas stated that Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new oil and gas exploration agreements between the Egyptian General Petroleum Corporati...

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