Egypt | Egypt Oil & Gas - Part 322

Egypt | Egypt Oil & Gas - Part 322

Egypt to Participate in Shell’s ‘Make the Future’ Festival

Egypt is preparing to take a part at Shell's global festival, entitled 'Make the Future', which is celebrating innovative ideas and solutions concerned with global energy challenges.

Oil Ministry Declines Rumors on Zohr Production Start Rate

Ministry of Petroleum and Mineral Resources declined spreading news quoting the Minister of Petroleum, Tarek El Molla, saying that Zohr will start producing 1 billion cubic feet (bcf) of natural gas within days.

Fire Breaks out at SOPC’s Mazut Coking Complexes

Fire has broken out at the mazut coking complexes located in Egypt's Suez Oil Processing Company (SOPC), due to mazut trafficking from one of the valves.

El Molla Issued New Promotions and Transfers

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new promotions and transfers.

El Molla Looks to Increase Natural Gas Production by 1.9 bcf/d

 The Ministry of Petroleum and Mineral Resources plans to increase natural gas production by 1.9 billion cubic feet per day (bcf/d) by 2023.

Parliament Approves Laws to Regulate Nuclear Activity

Parliament approved three laws governing nuclear regulation and usage.

Consumption of Petroleum Products Rises

Consumption of petroleum products rose 5.24% in September to 3.256 million tons.

Natural Gas Production, Consumption Slip

Production of natural gas slipped approximately 4.37% in September compared to the previous month.

Al Nowais Negotiating Details for Proposed Coal Plant

Al Nowais Investment Company has proposed selling electricity from its planned coal-fired power plant at Ayoun Moussa at a price of $0.058 (or roughly EGP 1.02) per kilowatt hour (kWh).

Elsewedy Electric to Build 2 Wind Farms

Elsewedy Electric Company and Marubeni Corporation are looking to build two wind farms in Egypt

Page 322 of 477

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