Egyptian Butane Imports Drops by 23.17% YOY
Egyptian butane imports fell by 23.17% YOY, reaching 181,000 tons in December 2018 compared to 235,600 imported in December 2017.
Egypt | Egypt Oil & Gas - Part 220
El Molla Reviews Abu Tartur Phosphate Project
The Abu Tartur project will use 2 million tons of phosphate ore per year, which will be the main input of production.
Petroleum Products Consumption Falls by 11.19% YOY
Egypt’s consumption of petroleum products dropped by around 11.19% YOY in December 2018 to 2.596 million tons, compared to 2.923 million tons in December 2017.
Midor Reaches Financial Closure for Expansion Upgrades
Midor reached financial closure for the $2.2 billion expansion and upgrade program for its Alexandria refinery
Egypt’s Natural Gas Output Increases 20.99% YOY
Egypt’s natural gas output increased by 20.99% YOY, reaching 4.178 million tons in December 2018, up from the 3.453 million tons produced in December 2017.
Saudi Arabia Signs $2 B Deal with SUMED
Saudi Arabia's Aramco and SABIC signed agreements with SUMED worth $2 billion to establish petrochemical projects in the Mediterranean region.
Parliament Approves $132 M Loan for Electric Grid Development
The Egyptian parliament approved a loan agreement of around $131.79 million from the AFESD in order to develop the country's national electricity transmission grid.
Eni to Complete Sixth Zohr Processing Unit End of February
Eni completed drilling the tenth well at Zohr field, which was gradually linked to the production of the operating processing plants.
PMRD Conference and Exhibition to Launch February 26
The annual conference will allow the exchange of views and ideas between leading scientists and experts in the field of petroleum and natural gas
Electricity Prices to Increase in July
Egypt's electricity budget deficit reached EGP 21 billion, and there is no escape from the electricity prices increase of July 2019.
