Egypt | Egypt Oil & Gas - Part 275

Egypt | Egypt Oil & Gas - Part 275

ASORC To Build $1.85B Mazut Refining Facility

The Assiut Oil Refining Company (ASORC) is to construct a $1.85 billion facility for conducting thermal cracking on mazut.

Gas Regulatory Authority to Begin Operations

The newly-established Natural Gas Regulatory Authority will soon begin its operations, the Ministry of Petroleum said in a press statement.

Israel-Egypt Gas Deal: Delek Shareholders Agree to Invest in EMG

Shareholders of Israeli energy company Delek Drilling have agreed to invest in the East Mediterranean Gas Company (EMG), the owner of the pipeline linking gas fields in Israel to Egyptian export terminals.

Petrojet Awarded $33M Contract for Dock Revamp

Egyptian petroleum company Petrojet has signed a $33 million agreement for dock revamp work in Damietta governorate.

Egypt Allocates EGP 25B to Develop Electricity Grid

Egypt has allocated EGP 25 billion to be spent on developing the national electricity grid over the next two years.

Pharaonic Petroleum Produces 600 mscf/d of Natural Gas

Pharaonic Petroleum's natural gas production has reached 600 million standard cubic feet per day (mscf/d).

CAPMAS: Slight Raise in Annual Electricity Production and Consumption

Egypt’s electricity consumption increased by 3.57% year-on-year (YoY) to reach 11.6 mega kilowatt per hour (mkw/h) in February 2018, compared to 11.2 mkw/h in February 2017.

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.

Egypt Produced 1.6M Tons of Diesel in Q1 2018

Egypt produced around 1.6 million tons of diesel during Q1 2018.

Egypt’s Diesel Consumption Drops 6.69% YOY

Egypt’s diesel consumption fell 6.69% year-on-year (YOY) in March 2018.

Page 275 of 477

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