Egypt Energy Debts Reach EGP 800B
Debts owed by the Egyptian energy sector have reached around EGP 800 billion.
Egypt | Egypt Oil & Gas - Part 282
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.
IMF: 5.2% Egypt GDP in 2018
Egypt's gross domestic product (GDP) will reach 5.2% during 2018, up from 4.2% in 2017, according to new IMF projections.
Egypt’s Daily Consumption of 92-Octane Falls to 12.6M Liters
Egypt’s daily consumption of 92-octane benzene has reached around 12.6 million liters.
Egypt’s Diesel Consumption Falls 9.12% Y.o.Y
Egypt’s consumption of diesel reached 1.016 million tons in February 2018, a 9.12% year-on-year (Y.o.Y) decrease.
