EGPC | Egypt Oil & Gas - Part 44
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.
Obituary: Dr. Eng. Hamdy El Banbi Passed Away
Egypt Oil&Gas is saddened to announce that Dr. Eng. Hamdy El Banbi, Egypt's former Oil Minister, passed away at the age of 81.
Oil Ministry, Apache to Amend Oil Agreement
Egyptian President Abdel Fattah al-Sisi issued a decree granting the Petroleum Ministry the permission to amend the agreement on oil exploration in Khalda region in Western Desert.
Egypt Evaluates Gas Prices in Market Liberalization Efforts
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the Egyptian General Petroleum Corporation (EGPC) gives priority to reforms within the gas market in order to guarantee that energ ...
Eni to Drill Sixth Well in Egypt’s Zohr Field
An official at the Egyptian General Petroleum Corporation (EGPC) stated that the drilling of the sixth well of the Zohr gas concession is scheduled to start in January 2017.
Egypt Saw 10% Rise in Fossil Fuel Usage
An official of the Egyptian Ministry of Petroleum said that the ministry has detected 10% increase in local usage of fossil fuel across all the governorates.
