EGPC | Egypt Oil & Gas - Part 55
Israeli Delegation Sent to Cairo over Gas Lawsuit
Egypt will receive an Israeli delegation sent to discuss the recent ICC ruling over disrupted Egyptian gas exports to Israel.
EGPC Denies Negotiations over Dollar Repayments
The EGPC denies reports that it is seeking to delay dollar repayments to creditors, in light of Egypt's current foreign currency shortage. EGPC Seeks to Delay Dollar Payments to Banks
The Egyptian General Petroleum Company is negotiating with banks to delay dollar payments it owes, as foreign currency requirements are not being met by the Egyptian Central Bank.
Gas Ruling Forces Egypt to Pay $2b to Israel, Government to Appeal
The International Chamber of Commerce has ruled against the EGPC and EGAS in its long-standing contract dispute with Israel over halted gas exports. The Egyptian government is appealing the ruling and has halted curr ... CBE Unable to Meet EGPC’s Dollar Needs
The Central Bank of Egypt is unable to provide the Egyptian General Petroleum Corporation with its monthly requirement of $700m for the import of petroleum and gas materials and the payment of loans from foreign banks. Eni’s Zohr is Expected to Produce Only 22 TCF
The Egyptian General Petroleum Corporation Chairman Mohammed Al-Masry told Egypt Oil & Gas that EGPC agreed totally with the head of Italy’s Eni that the Zohr giant gas field needed to enter into production to help b ...
EGPC to Take New Measures for the Transportation, Storage of Fuel
Mohammed Taher, EGPC Vice Chairman for Petroleum Projects and Planning, said that EGPC is taking new measures for the storage and transport of petroleum products within the provinces to prevent jams in front of fuel ...
Dollar Decline to Save Egypt 200m a Month in Subsidies
A source at EGPC told Egypt Oil & Gas that the local decline in the value of the dollar is a positive factor in ensuring that the amount allotted to energy subsidies in the state budget is not surpassed.
