Egypt | Egypt Oil & Gas - Part 340
El Molla Visits Khalda Petroleum’s Concessions
Tarek El Molla visited Khalda Petroleum's concessions in the Western Desert and pointed out measures taken to encourage international oil companies (IOCs) to boost investments in the country.
Banks Consortium to Finance Coal Power Plant
A consortium composed by nine banks will fund the establishment of a coal-fired power plant in Hamrawein.
Egypt to Cut Fuel Imports by 2019
Egypt plans to reduce fuel imports to about 10% of total consumption.
Oil Jumps as Arab Countries Cut Ties with Qatar
Oil jumps 1.5% as Egypt, Saudi Arabia, Bahrain and the United Arab Emirates effectively create a land and air blockade of Qatar.
Parliament Approves Guarantees for MIDOR and ASORC
The Egyptian Parliament approved the guarantees offered by the Ministry of Finance for MIDOR and ASORC's $2.6b fund.
IOCs Start Exploration Program in North El Hammad
The exploration program aims to explore more fields in the area in order to increase Egypt’s oil and natural gas domestic production.
El Molla Issues New Promotion
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new promotion.
El Molla Meets Norwegian Ambassador to Egypt
El Molla pointed out that the cornerstone of the petroleum sector is being open to global and regional experience and expertise in the field of oil and natural gas.
