Petroleum Products Consumption Falls by 3.69% YOY
Egypt's petroleum products' consumption dropped by around 3.69% YOY in March 2019 to 2.711 million tons, compared to 2.815 million tons in the same month last year.
Egypt | Egypt Oil & Gas - Part 197
Egypt’s Natural Gas Production Increases by 28.75% YOY
Egypt’s natural gas production increased by 28.75% YOY, reaching 4.425 million tons in March 2019, up from 3.437 million tons produced in March 2018.
Egypt Considers Taking Over Siemens Power Plants
Egypt is studying offers from Edra Power Holding Sdn Bhd of Malaysia and Blacstone Group to take over Siemens' three electricity power plants.
Carbon Holdings to Receive $5.6 B for Tahrir Complex
The company received the land required for the project and is preparing to establish the complex and build a wall around it before the contractors start building the infrastructure.
BP Seeks Approval to Sell GUPCO’s Stake
The Ministry of Petroleum will issue the approvals after Dragon Oil confirms its commitment to the new terms of agreement with BP in GUPCO's concessions.
EGYPS 2020 to Cover 15 Topics in Technical Conferences
The Egypt Petroleum Show (EGYPS 2020) is set to cover 15 oil and gas industry topics in its technical conferences and is currently receiving papers submissions for these conferences.
Monday Minutes: Economic Snapshot
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Egypt Establishes 26 Power Plants in 5 Years
The 26 stations include 114 electricity-generating units, which produced around 25,000 MW and helped the sector achieve an electricity surplus.
Egypt Saves $350 M from Energy Efficiency
Improving energy efficiency at the Egyptian refineries and production units helped Egypt save $350 million per year.
Petroleum, Electricity Ministries Agree on Gas Price for Power Plants
The Ministry of Petroleum along with the Ministry of Electricity agreed to sell natural gas for $3 per 1 million thermal units (mtu) in the budget plan of fiscal year (FY) 2019/20.
