Egypt | Egypt Oil & Gas - Part 244

UK to Receive Egyptian LNG Cargo

British gas company Dragon LNG will receive a liquefied natural gas (LNG) shipment from Egypt at the end of October.

El Molla, Petronas Discuss Future Investments in Egypt

Egyptian petroleum minister, Tarek El Molla, met with Petronas CEO, Wan Zulkiflee, to review the company's future investments in the Egyptian oil and gas sector.

Eni, Naturgy in Talks to Re-open Damietta Liquefaction Plant

Talks between Eni and Naturgy regarding the re-opening of the Damietta liquefaction plant are at an "advanced stage".

Egypt to Offer First E&P Bid Round for Red Sea

Egypt will launch the first oil and gas exploration and production (E&P) bid round in the Red Sea before the end of 2018 upon seismic reflection data processing.

Egypt, US Trade Exchange Worth $5.6B in 2017

The volume of trade exchange between Egypt and the US reached $5.6 billion in 2017, recording the top trade exchange in Africa, and the sixth highest trade exchange volume in the Middle East.

BWE to Invest in Apex Energy

Blue Water Energy (BWE) has announced that it will invest in independent oil and gas exploration and production (E&P) company Apex International Energy.

Egypt Spends Over $1.5B on Petroleum Products

Egypt spends over $1.5 billion monthly to secure local demand for petroleum products.

Saudi Arabia has ‘No Intention’ of Repeating 1973 Oil Embargo

Saudi Arabian Energy Minister stated that the Kingdom does not plan to impose an oil embargo akin to that of 1973 in response to predictions that it may cut its supply of crude for global markets by 500,000 barrel ...

ExxonMobil Signs LNG Framework Agreement with China’s Zhejiang

ExxonMobil signed a framework agreement with China's Zhejiang Energy on October 18 for the Chinese firm to supply liquefied natural gas (LNG) for ExxonMobil.

Egypt to Boost Annual Refining Capacity to 42M tons in 2019

The Egyptian General Petroleum Corporation (EGPC) plans to increase the capacity of national refineries to exceed 42 million tons per year starting 2019.

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