Egypt | Egypt Oil & Gas - Part 357
Eni, BP to Increase Investments in Egypt
Italian Eni and British Petroleum (BP) announced that over the next five years, they will invest in Egypt more than in other parts of the world.
EGAS to Borrow EGP 2b for Arrears Settlements
The Egyptian Natural Gas Holding Company (EGAS) addressed banks to borrow EGP 2b
El Molla in Talks with Norway over Energy Cooperation
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Norway's Deputy Minister of Petroleum and Energy and Norwegian delegation.
Electricity Ministry’s Debt to Oil Ministry Hit EGP 54b
The Ministry of Electricity's debt to the Ministry of Petroleum increased from EGP 1b in January 2017 to be EGP 54b by the 7th of February.
Finance Ministry Increases Cash Allocation to Oil Ministry
Egypt increased the Ministry of Petroleum's allocations from Finance Ministry to be $1b.
EGAS to Deliver Gas to 1.1m Consumers
EGAS plans to pump natural gas to 200,000 households by May 2017.
Egypt’s Estimated Investments at $8b
The Egyptian Ministry of Petroleum and Mineral Resources estimated investments of current fiscal year 2016/2017 at $$8b
Egypt’s Al Abyad Gas Fields Increased Production
Egypt increased production from Al Abyad fileds located in the Western Desert by 25mcf/d of natural gas.
