Butane Production Rises 2.5% Y-o-Y in August
Butane production rose to 163,700 tons in August, up 2.5% year-on-year (Y-o-Y) from August 2016.
Egypt | Egypt Oil & Gas - Part 321
Egypt Signs Loan Facility Worth $653M for Solar Plants
The Egyptian government signed 13 agreements with a banking consortium led by the International Finance Corporation (IFC) to fund the construction of 13 solar-power plants with a total capacity of 590 megawatts (M ...
The First Stage of Zohr’s Development Nearing Completion
The first phase of development at the Zohr gas field is in its final stages.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Consumption of Diesel Edges up to 1.235M Tons
Egypt's diesel consumption in August rose slightly from the previous year, notching a 0.65% year-on-year increase from August 2016.
Ministry Predicts Natural Gas Output of 5.342 bcf/d
Production of natural gas should rise to 5.342 billion cubic feet per day (bcf/d) during fiscal year (FY) 2017/2018.
EGPC Produces 290,000 tons of Diesel per Week
The Egyptian General Petroleum Corporation (EGPC) produces approximately 290,000 tons of diesel per week.
IMF Begins 2nd Review of Egypt’s Economic Reforms
The International Monetary Fund (IMF) has begun its second periodic review of Egypt’s economic-reform program prior to the release of the next installment of its loan package to the country.
Italian Amb.: Egypt’s Oil & Gas Production Promising
The Italian Ambassador, Gampolo Cantini, noted the promising nature of Egypt’s oil and gas production during a meeting with the Minister of Petroleum and Mineral Resources, Tarek El Molla.
Natural Gas Output Remains Steady in August
Natural gas production remained constant in August. Egypt produced 3.364 million tons, a slight decline from the 3.37 million tons it produced in July.
