Egypt in Talks with Iraq to Import 24M Barrels of Oil
Egypt is negotiating with Iraq to import 24 million barrels of oil per year during 2018.
Egypt is negotiating with Iraq to import 24 million barrels of oil per year during 2018.
Egypt will cease importing liquefied natural gas (LNG) before the end of 2018, the Minister of Petroleum and Mineral Resources, Tarek El Molla, stated.
The cost of Egypt's fuel subsidies rose 67.86% year on year (Y.o.Y.) for the first quarter of the fiscal year.
In preparation of higher butane consumption during the winter months, Egypt has taken steps to bolster its distribution capabilities.
Egyptian and Cypriot officials met to discuss hydrocarbon cooperation
The Egyptian General Petroleum Corporation (EGPC) signed a $2.4 million exploration and production (E&P) agreement with Trident Petroleum Company for the drilling of four new wells in Magawish Block in the Gulf of ...
PetroTrade is in talks for an EGP 2.5 billion loan.
The Bonatti Group won a contract for electrical and developmental work at the Zohr natural gas field.
Saudi Arabia and Egypt agreed to postpone the consideration of bids on electricity lines and transmitters for the Egypt-Saudi Arabia Interconnection Project until January.
The BP-operated Atoll natural gas field remains on track to begin production in 2017.