Nasr Petroleum Sells EGP 1.8B Petroleum Products in FY 2017/18
Nasr Petroleum sold EGP 1.8 billion worth of petroleum products during fiscal year (FY) 2017/18 - a 21% increase in value from the previous fiscal year.
Egypt | Egypt Oil & Gas - Part 250
Two Egyptian Pipelines to Start Operations in 2019
The Petroleum Pipelines Company (PPC) is close to finishing the double-line Ras Bakr-Assuit pipeline.
EGAS Renews Initial Approvals for Gas Import Licenses
The Egyptian Natural Gas Holding Company (EGAS) has renewed the initial approvals for applications made by BB Energy Trading Company, TAQA Arabia, and Energy Fleet to obtain gas import licenses.
Electricity Output Jumps by 7.3% YOY in May
Egyptian electricity production jumped by 7.3% year-on-year (YOY) in May 2018, generating 17.7 megawatts per hour (MWh) compared to 16.5 MWh in May 2017.
Egypt’s Natural Gas Output Reaches 6.6 bcf/d
Egypt has boosted its natural gas output to record 6.6 billion cubic feet per day (bcf/d) upon the news that Eni had succeeded in boosting Zohr's production to 2 bcf/d.
AMOC Posts EGP 1.48B Profit in 2017/18
Alexandria Mineral Oils Company (AMOC) posted profits of EGP 1.48 billion in fiscal year (FY) 2017/18, a 35% increase from the EGP 1.1 billion profit posted in FY 2016/17.
Egypt, ITFC Sign $2B Petroleum Finance Deal
The International Islamic Trade Finance Corporation (ITFC) has agreed to finance $2 billion worth of petroleum products, as a part of a larger $3 billion agreement with Egypt's Ministry of Investment to fund the i ...
Abu Qir Achieves 263 mmscf/d Gas Output in 2017/18
Abu Qir Petroleum produced an average 263 million standard cubic feet per day (mmscf/d) of natural gas during fiscal year (FY) 2017/18, a 45% increase from FY 2016/17.
Zohr Production Reaches 2 bcf/d
Natural gas output from Zohr has reached 2 billion cubic feet per day (bcf/d) within the first nine months of production.
Ahmed Kenawi One of Forbes Most Influential Expats in UAE
Egypt's Ahmed Kenawi, senior vice president of Middle East and North Africa at Halliburton, was listed among the Forbes 50 most influential expats in the United Arab of Emirates (UAE).
