EGPC | Egypt Oil & Gas - Part 63
Egypt Buys 483,000 Tonnes Gasoil for February
EGPC bought up to 483,000 tonnes of gasoil for delivery in February, trade sources said. Egypt’s large monthly purchase is expected to support gasoil margins in Asia and the Middle East, from where more than hal...
Dana Gas: Oil Prices May Delay Debt Payments
UAE-based Dana Gas revealed on Wednesday that it could delay the schedule of receiving the owed debt by the Egyptian government, due to the international decline in oil prices. CEO of Dana Gas Patrick Allman-Ward told...
Mostorod Refinery Project to Utilize $2.7 Billion in 2015/2016
Approximately $2.7 billion will be utilised throughout 2015 and 2016 to complete the implementation of the Egyptian Refining Company’s (ERC) project in Mostorod, according to Wael Al-Orabi, the company’s Commercial Di...
Egypt to Reach LNG Agreement with Gazprom This Month
Egypt and Russia’s Gazprom are to reach an agreement for the company to supply LNG shipments later this month, Egyptian Oil Minister Sharif Ismail told Reuters. In April, Egypt and Gazprom reached an initial ag...
Gas Supplies to Cement Factories Replaced with fuel Oil
A senior Egyptian Natural Gas Holding Company (EGAS) official said the Egyptian General Petroleum Corporation (EGPC) has been informed of measures to be taken for cement factories’ fuel oil needs in 2015. In exclusive...
Eni Signs New Concession Agreement in The Western Desert
Italy’s Eni has signed a new concession agreement to operate in the South-West Melehia block in the Western Desert of Egypt, as Cairo continues to look to international operators to boost its flagging production... Mr. Tarek al-Molla is the new EGPC Chairman
Egypt has appointed Tarek al-Molla as chairman of state-run Egyptian General Petroleum Corp (EGPC), the Oil Ministry said, a move that is likely to encourage foreign oil companies operating there. “Tarek El Molla, who... ECPC Deputy Dismissed by Petroleum Minister
The Minister of Petroleum Osama Kamal dismissed the Deputy of Operations at EGPC, Nasr Abo El-Seoud, due to the current diesel crisis which resulted in numerous protests from minibus drivers, the primary consumers of... 
