Gasco Distributes 58 bcf Natural Gas in 2017
Egyptian Natural Gas Company (Gasco) successfully received and distributed 58 billion cubic feet of natural gas to different sectors of the local market during 2017.
Egypt | Egypt Oil & Gas - Part 292
Egypt, Italy Talk Investments
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Italian Ambassador to Egypt, Giampaolo Cantini, to discuss increasing possible cooperation and investments of Italian firms.
Egypt Signs Engineering Consulting Contract Phosphoric Acid Project
Enppi signed an engineering consulting contract with Fluor Corporation for the phosphoric acid production project, which is being implemented in Abu Tartour area at the New Valley governorate.
Eni to Increase Zohr Natural Gas Production
Italy’s Eni will increase natural gas production from Egypt’s Zohr field by 1.4-1.5 billion cubic feet per day (bcf/d) by the end of 2018.
Ethydco Sells 351,000 Tons of Polyethylene in 2017
The Egyptian Ethylene and Derivatives Company (Ethydco) sold 351,000 tons of polyethylene in 2017, 89,000 tons of which were sold in local markets.
Egypt Reviews Toyota’s Feasibility Study for Refining, Petrochemical Complex
The Egyptian Minister of Petroleum Tarek El Molla has discussed Toyota's feasibility study for establishing a refining and petrochemical complex in Suez with company officials.
Eni Sells 10% of Shorouk Concession
Italian oil and gas company Eni has agreed to sell 10% of its stakes in Egypt’s Shourouk offshore concession to UAE’s Mubadala Petroleum.
Egypt, France Sign Energy Agreement
Egypt and France signed four deals worth around $73.84 million in the fields of energy, healthcare, SMEs, and transportation.
Egypt Connects 8.5 M Households to National Gas Grid
El Molla examines the ministry’s strategy to connect total of 1.35 million households to the national natural gas grid in 2018 in replacement of butane.
Egypt Gas Profit Increases by 6% in 2017
Egypt Gas Company announced increasing profit by 6% Year-on-Year (Y.o.Y) to reach EGP 25.6 million in 2017, compared to EGP 24.14 million in 2016.
