EGPC | Egypt Oil & Gas - Part 45

Petroleum Products Imports to Increase to $1.3b/Month

Sources at EGPC revealed that the rise in the dollar value will increase the crude oil and petroleum derivatives import bill to reach $ 1.3b a month in comparison to the previous range of $1.1b-1.2b, reported Al-Mal.

Introducing the New EGPC Head: Mohamed Al-Masry

Biographical Details of EGPC Head Mohammed Al-Masry.

Mohamed Al-Masry Appointed Head of EGPC

Egypt Oil & Gas learned that Petroleum Minister Tarek El Molla appointed Mohamed Al-Masry as Head of the Egyptian General Petroleum Corporation (EGPC).

Fuel Trucks and Stations to Be Monitored Electronically

Egypt Oil & Gas learned that Tarek El Molla, Minister of Petroleum and Mineral Resources, held an extended meeting with heads of fuel distribution companies in Egypt to put together an advanced strategy for distribut ...

Elevated Dollar Value May Impede Egypt’s Ability to Pay IOCs

A state official told Egypt Oil & Gas that higher dollar exchange rates in the local market are threatening the ability of the Egyptian government to repay debt installments to international oil companies (IOCs), esp ...

ADIB and Banque Misr Partner for $105m EGPC Loan

Abu Dhabi Islamic Bank is spearheading an effort with Bank Misr to lend Egypt’s EGPC $105m.

EGPC, Kuwait Energy to Join Forces in Iraq

The Egyptian General Petroleum Corporation (EGPC) signed an agreement with Kuwait Energy, forming a joint venture that will explore in Iraq,

25% Increase in Gasoline Pumped to Sohag and Qena

In a statement made to Egypt Oil & Gas, EGPC Vice Executive Chairman for Operations, Amr Mostafa said that the company is increasing the quantities of gasoline supplied to the governorates of Sohag and Qena by an add ...

Amr Mostafa: Fuel Strategic Reserve Partially Depleted

In a statement made to Egypt Oil & Gas, EGPC Vice Executive Chairman for Operations, Amr Mostafa said that while the quantities of fuel pumped to stations during the feast (Eid-Al-Adha) were sufficient to meet the ne ...

EGPC’s Plan to Avoid Power Shortage in Eid

Egypt Oil & Gas (EOG) learned that EGPC is currently working on ensuring that no power outage occurs during the coming Eid Al Adha. EGPC has set a plan to pump 270,000 tons of diesel, 34,000 tons of fuel oil, 124m cu ...

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