Iraq to Establish Pipeline to Egypt
Iraqi Ambassador to Egypt, Habib Al Sadr, announced that his country’s government is studying the establishment of a new oil pipeline connecting Iraq to Egypt, passing through Jordan.
Iraqi Ambassador to Egypt, Habib Al Sadr, announced that his country’s government is studying the establishment of a new oil pipeline connecting Iraq to Egypt, passing through Jordan.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, contributed in the International Petroleum (IP) Week, which takes place in London between February 20th and February 23rd.
Egyptian oil and gas sector supports developing scientific research in order to cope with the information revolution.
Five Egyptian Banks have signed a financing agreement of EGP 4 billion to fund state-run Co-operation Petroleum Company (Copetrole) and Misr Petroleum Company.
Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new promotion.
The Egyptian Cabinet has approved amending some annexes in the natural gas law number 217 for year 1980 during the Cabinet’s meeting number 110.
The agreement between private companies to import natural gas from Israel will be subject to the Egyptian regulations governing natural gas imports.
Siemens is preparing to complete implementing the eighth electricity generating unit in Beni Suef plant and add it to the national grid within days.
The Egyptian government plans to repay $250 million in arrears to international oil companies (IOCs) in March 2018.
Governmental sources reportedly rejected decreasing natural gas price for factories following natural gas self-sufficiency as the output will be used to cover local demands.