EGPC | Egypt Oil & Gas - Part 47

Petroleum Ministry to Compensate Factories for Gas Shortages

Due to requests made by factory owners, the Ministry of Petroleum decided to supply fuel oil and diesel to cement and fertilizer factories, as a means to compensate the temporary lack of gas.

Shell, EGPC in Talks About Al-Abyad Shale Gas Price

Royal Dutch Shell and the Egyptian General Petroleum Corporation (EGPC) are in discussions over the price of shale gas that will be produced in the Al-Abyad area for the first time in Egypt.

EGPC Calls on Cabinet to Approve Interest Payments

EGPC has addressed the Council of Ministers for the approval for interests payments worth EGP 2.7b on a loan guaranteed by the Ministry of Electricity, learned Al-Borsa.

Egypt Air Debt to EGPC Climbs to EGP 5.9b

Egypt Air's dues owed to EGPC jumped to EGP 5.9b by the end of July compared to 5.7b in the month of April 2015. This is the result of the Egypt Air's decision to stop paying the full value of the fuel it receives an ...

Independent Gas Regulator Plan Released for Egypt

Al-Borsa newspaper was able to get hold of the summary of the project for setting up an independent gas regulator in Egypt, put together by the European Union's Technical Assistance for the Reform of Energy Sector (T ...

EGPC to Announce New Bid Round

Sources at the Egyptian General Petroleum Company (EGPC) informed Egypt Oil & Gas (EOG) that the company is preparing to issue a new bid round before the end of the year.

Bapetco Increases Production to 132,600 B/D, Adds 5M in Oil Reserves

The chairman of Badr El Din Petroleum Company (Bapetco), a joint venture between the EGPC and Royal Dutch Shell, recently announced the addition of exploratory well Bed3C6-1 to production, Daily News Egypt

Petrosalam Hands Over Gulf of Suez Concessions to EGPC

Petrosalam handed over its exploration concession Northwest October in the Gulf of Suez to EGPC, reported Al Borsa Newspaper Petrosalam began exploration work in January but had to discontinue its operations due to ...

EGPC: New Petroleum Projects Exceeding EGP2.6 Bn

EGPC sources revealed to Al-Mal newspaper that six new investment projects were now on the table to develop a network for transporting petroleum derivatives and fuel all over the country at an expected cost of more t ...

Italy’s Technip Lands Deal to upgrade Egypt’s ASORC & MIDOR

Technip Italy, a world leader in project management for the energy industry, has finalised two joint agreements valued at a total of US$2.9 billion with Egypt-based companies for upgrades of two refineries there.

Page 47 of 53

Lost Password