IMF: Egypt on Positive Trajectory but Inflation Threatens Stability
Egypt has made a “strong start” on its reform program, but high inflation threatens macroeconomic stability.
Egypt | Egypt Oil & Gas - Part 337
Zohr to Yield 500 mcf/d in 2017
The Zohr gas field will produce 500 million standard cubic feet per day (mscf/d) before the end of 2017.
Egypt to Launch New E&P Tender
The Egyptian General Petroleum Corporation (EGPC) is planning to launch a new exploration and production (E&P) tender before the end of 2017.
Technip: MIDOR, Asyut Refinery Projects on Schedule
Production from the hydraulic-cracking project at the Asyut refinery and the expansion project at the Middle East Oil Refinery will begin on schedule.
Egypt Signs 83 E&P Contracts in 4 Years
Egypt has set a new record by signing 83 exploration and production (E&P) contracts with international oil companies (IOCs) since June 30, 2013.
Egypt, UK Discuss Cooperation in Oil & Gas Sector
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the United Kingdom’s Trade Envoy, Jeffrey Donaldson, to discuss investment options in Egypt's oil and gas sector,
Butane Imports Rise to 167,200 Tons in July
Egypt increased its imports of butane to 167,200 tons in July 2017, a 1.21% year-on-year (Y-o-Y) increase from the 165,200 tons in July 2016.
Lower Y-o-Y Diesel Consumption in July
Egypt's consumption of diesel decreased 0.9% to 1.165 million tons in July 2017, compared to 1.176 million tons in the same period of 2016.
Natural Gas Production Rises 28.6%
Egypt’s production of natural gas rose to 3.37 million tons in July 2017, a year-on-year (y-o-y) increase of 28.6% from last year’s 2.62 million tons.
El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced new appointments and promotions.
