Egypt | Egypt Oil & Gas - Part 328

El Mazni: Additional Steps Necessary for Gas Market Liberalization

Liberalizing Egypt’s gas market requires additional steps and greater cooperation, a senior official at Egypt Natural Gas Holding Company (EGAS) said at a working luncheon hosted by the British Egyptian Business A ...

Rosneft Acquisition of 30% of Zohr Finalized

Rosneft has closed a $1.125 billion deal with Eni to acquire a 30% stake in the Zohr gas field.

Ain Sokhna’s Storage Capacity to Increase by 200,000 cm

The second phase of development at the Ain Sokhna Port will include the installation of storage tankers to increase the port’s storage capacity by 200,000 cubic meters (cm)

Banking Alliance to Provide EGP 2.3B for GPC Exploration

General Petroleum Company (GPC) signed an agreement with six banks for an EGP 2.3 billion loan to finance oil and gas exploration.

Monday Minute: Economic Snapshot

A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.

Petrojet Maintains 2.5M Safe Working Hours in Sonker Terminal

Petrojet has completed 2.5 million work hours at the Sonker Terminal in Ain Sokhna without any accidents

Egyptian Crude Reserves at 2.4B Barrels

Egypt possesses 2.4 billion barrels of oil and condensate reserves as of October 2017.

GECF Appoints El Molla as Alternate President

The Ministerial Council of the Gas Exporting Countries Forum (GECF) appointed the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, as Alternate President of the Ministerial Meeting in 2018.

Cheiron to Partner in the Development of Mexican Oil Field

Egypt's Cheiron Holding Company won the right to partner with PEMEX, a Mexican company, to develop the Cardenas-Mora project in Mexico.

SDX Makes New Discovery in West Gharib Concession

SDX Energy Company has made a new oil discovery in the West Gharib Concession.

Page 328 of 467

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