Eni Drills Second Well at Faghur Basin
Eni has begun drilling a second well in the Faghur basin, located in the Western Desert's West Meleiha concession.
Egypt | Egypt Oil & Gas - Part 265
Egypt Determined to Complete Energy Reforms
The Egyptian government is determined to complete the energy subsidies’ reforms within the framework of the economic reform program agreed upon with the International Monetary Fund (IMF).
Egypt to Launch Tender for Egyptian-Sudanese Electricity Linkage
The Egyptian Electricity Transmission Company will soon launch a legal tender for companies to execute the transformers substation and lines for the electricity linkage project with Sudan.
Egypt Energy Debts Reach EGP 800B
Debts owed by the Egyptian energy sector have reached around EGP 800 billion.
Zohr Gas Production Increases to 900 mscf/d
The daily output of Egypt’s Zohr natural gas field has reached 900 million standard cubic feet (mscf) after the second and third lines were linked to production.
IMF Begins Third Review of Egyptian Economic Reforms
A delegation from the International Monetary Fund (IMF) arrived in Egypt on May 4 to conduct the third review of Egypt's economic reform program.
El Molla: Egypt Aims For 5% Petroleum Products Import Rate
Egypt plans to develop refineries during the upcoming four years to decrease the import rate of petroleum products to 5%, compared to the current rate of 35%.
El Molla to Launch National Petrochemical Alliance Conference
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, is to launch the National Petrochemical Alliance Conference on May 8.
Eni Discovers Oil in Egypt’s Faghur Basin
Eni has made a new oil discovery in Egypt's Faghur basin, located in the Western Desert.
Egypt’s Daily 95-Octane Consumption More Than Doubles
Egypt’s daily national consumption of 95-octane benzene has increased by over 480% to average at 530,000 liters in April 2018, compared to 110,000 liters before June 2017.
