Egypt | Egypt Oil & Gas - Part 338
Egypt to Reconsider Petroleum Contracts
The Egyptian Ministry of Petroleum and Mineral Resources established a joint committee to revisit oil and gas contracts in order to incentivize international oil companies (IOCs) to operate in Egypt's energy sector.
Egypt, UN Discuss Energy Cooperation
Egyptian and UN officials met to discuss cooperation in the Energy sector.
Electricity Demand for Gas and Mazut Eases
The Egyptian Ministry of Electricity and Renewable Resources announced that electricity demand has stabilized due to lower temperatures, uninterrupted production, and a continuous supply of fuel.
Petronas VP: Egypt is Country of Interest for IOCs
The vice president of Petronas, Adnan Zainal Abidin, met with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla to discuss the company’s projects in Egypt and its future plans.
Phase II of DEA’s West Delta to begin 2018
Minister of Petroleum and Mineral Resources Tarek El Molla praised the work of the German DEA Group in Egypt.
Zohr Development Reaches 83.5%
Development at the Zohr gas field has reached 83.5%.
El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced a slate of appointments and promotions.
Gas-Powered Plants Increase Electricity Output by 22%
Electricity production from gas-powered plants increased by approximately 2,597 gigawatts (GW) per hour to reach 14,409 GW per hour during July.
