Badry Yamany Appointed Chairman of DAPETCO
Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new promotion.
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.
The industrial sector is the top consumer as it depends heavily on natural gas to operate most of projects.
EGAS arranged importing three liquefied natural gas (LNG) shipments from France's Engie, to be delivered during the second quarter of 2018.
The Egyptian Natural Gas Holding Company (EGAS) approved amending certain terms in the contract between the company and manufacturers, regarding supplying natural gas to factories.
Egypt's consumption of diesel exceeded 1.2 million ton per month, across all the consuming sectors.