Electricity Ministry Arrears to EGPC Reach EGP 107.5B
Debts owed by the Egyptian Ministry of Electricity to the Egyptian General Petroleum Corporation (EGPC) have reached EGP 107.667 billion.
Debts owed by the Egyptian Ministry of Electricity to the Egyptian General Petroleum Corporation (EGPC) have reached EGP 107.667 billion.
Egypt produced around 1.6 million tons of diesel during Q1 2018.
Egypt’s diesel consumption fell 6.69% year-on-year (YOY) in March 2018.
The Egyptian government announced in an official document that fuel imports cost $75 per barrel.
Russia's Rosneft signed a cooperation agreement with Fleet Energy and Fleetliner Energy for supplying gas to Egyptian industry.
Minister of Petroleum Tarek El Molla has visited Zohr gas field to follow up on operations and ensure that production will reach 2.7 billion cubic feet per day (bcf/d) in 2019.
Egyptian petroleum minister Tarek El Molla met with the UK's Investment Minister, Graham Stuart, to discuss increasing the joint investments between the two countries in the oil and natural gas industry.
Petroleum minister Tarek El Molla has announced that the third phase of the ministry's modernization program includes a set of advanced training programs to develop the skills of the ministry's employees.
Egypt’s butane imports decreased by around 1.29% in March 2018 compared with March 2017.
Dana Gas will start drilling the first exploratory well at Block 6 of the Mediterranean North Arish concession before the end of 2018.