Egypt | Egypt Oil & Gas - Part 204

ASORC Establishes $450 million High-Octane Gasoline Project

The project will have 660,000 tons annual production capacity, divided into 650,000 tons of gasoline, in addition to quantities of butane and hydrogen.

Egypt Builds $2.3 B Refining Projects in Assiut

The biggest two refining projects in Upper Egypt will help achieve self-sufficiency of petroleum products.

Consukorra to Provide Smart Solutions to Refineries

Consukorra is arranging EGP 1.9 worth partnerships to provide smart energy solutions to refineries, petrochemical projects and glass manufacturing projects.

Egypt to Increase Natural Gas Production by 11.8%

The North African country currently produces around 6.8 billion cubic feet per day (bcf/d) of natural gas, and targets to reach 7.6 bcf/d by the end of 2019 and 8 bcf/d by H1 2020.

Egypt to Link New Administrative Capital to Natural Gas Grid

The EGP 31.5 million agreement comes as a part of the country's preparation to transfer ministries and governmental entities to the New Administrative Capital by mid-2020.

Qarun Petroleum Company Increases Oil Output

Qarun plans to boost its output to over 45,000 b/d by the end of 2020 as it explores, develops, and operates new concessions in the Western and Eastern Deserts.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

EETC, IFC to Establish 600 MW Solar Plant

EETC signed an agreement with the IFC for establishing a 600 MegaWatt (MW) solar power plant west of the Nile.

Natural Decline of Burullus, Rasheed Fields to Reach 10 mmscf

Despite the high natural decline rate, 9B phase will make up for the decline as it gets connected to Burullus field before the end of fiscal year (FY) 2018/19.

ICT Becomes Integral to the Petroleum Industry

Information and communications technology (ICT) should be leveraged as an integral part of any industrial progress.

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