Egypt | Egypt Oil & Gas - Part 330

El Molla Urges Redoubled Effort in Atoll Field

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired a meeting to review the development of the Atoll gas field.

Sisi to Attend Fifth Tripartite Meeting with Cyprus and Greece

Egyptian President Abd El Fattah El Sisi will attend a fifth tripartite summit with Cypriot President Nicos Anastasiade and Greek Prime Minister Alexis Tsipras.

Egypt to Reduce LNG Imports by 32%

The Egyptian government is accelerating its efforts to lower natural-gas imports.

GPC Launches New Bid Round in Eastern Desert

The General Petroleum Company (GPC) announced its latest exploration tender.

El Molla: New Gas Law to Boost Economy

The new law regulating gas markets will produce a more flexible gas market and boost the Egyptian economy, predicts the Egyptian Minister of Petroleum and Mineral Resources.

Egypt Signs Turbine Deal with Japanese Firm

Egypt signed a deal with Japanese Mitsubishi Hitachi Power Systems to develop two gas turbines for the North Cairo Power Station.

Petrojet Discusses Cooperation with Rosetti Marino

The head of Petrojet, Salah Ismail, met with the CEO of Rosetti Marino, Oscar Guerra, to discuss joint cooperation.

Egypt Cut Fuel Import Bills by 23%

Egypt's fuel imports for the first five months of 2017 fell to $497 million from $645 million during the same period last year, a year-on-year decrease of 23%.

Petroleum Sector Boosts Output in H1, Consumption Falls

The Egyptian petroleum sector increased oil and natural-gas output in the first five months of 2017 to reach 28.138 million tons.

IOCs Increase Investments in Egypt by 22.7%

International oil companies (IOCs) increased their investments in Egypt to $8.1 billion during fiscal year (FY) 2016/2017, up 22.7% from the $6.6 billion invested in FY 2015/2016

Page 330 of 456

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