Petroleum Ministry Pays $18 M/Year for Renting BW Gas Regasification Unit
The FSRU, which is not working at the moment, has a LNG cargo ready to be pumped into the national gas grid when necessary.
The FSRU, which is not working at the moment, has a LNG cargo ready to be pumped into the national gas grid when necessary.
The planned increase comes to cover growing fuel demands in the light of industrial and electricity recent projects that depend on fuel, in addition to the growing market demand of benzene, diesel and butane.
Minister of Petroleum, Tarek El Molla, met with his Iraqi Counterpart, Thamir Ghadhban, to discuss boosting joint relation in the oil and gas industries, as well as opportunities for Egyptian companies to increase ...
Egypt’s natural gas output increased by 27.7% YOY to reach 4.176 million tons in October 2018, up from 3.27 million tons in October 2017.
Egypt’s consumption of petroleum products dropped by around 7.4% YOY in October 2018 to 2.749 million tons, compared to 2.969 million tons in October 2017.
Egyptian butane imports decreased by 40.34% YOY reaching 126,000 tons in October 2018, compared to 211,200 in October 2017.
Maridive Group's total financial statements revealed that the company's profit increased by 24.4% during the first nine months of 2018, compared to the previous year.
Minister of Petroleum and Mineral Resources, Tarek El Molla, headed an Egyptian delegation attending OAPEC's 101st meeting of the Council of Ministers.
Benzene, diesel and butane are the most imported petroleum products.
Egypt signed over 12 E&P agreements with IOCs during 2018, Minister of Petroleum Tarek El Molla said,