Egypt | Egypt Oil & Gas - Part 369
Aramco’s Shipments Remain Halted
Saudi Aramco did not send January fuel cargos. Thus the 700,000 tons cargo of petroleum derivatives was halted for four consecutive months.
Egypt to Add 300,000 Households to Gas Grid
Egypt plans to pump natural gas to 300,000 households by April 2017.
Egypt Signed New Exploration Deals
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, signed two new oil and gas exploration agreements.
Global Connect Bought Stake in Abu Sennan Concession
Kuwait Energy announced signed a Farm-Out Agreement (FOA) for 25% participating interest in the Abu Sennan concession.
Sino Tharwa to Market Seismic Services
Sino Tharwa contracted with China's Sinopec Star Petroleum Company to become its Seismic Marketing Agency in Egypt.
Egypt to Lift Butane Subsidies by 2019
Egypt will lift subsidies on butane bottles by 2019 after applying butane coupons.
Egypt to Halt Diesel, Mazut Supplies to Power Plants
Egypt to stop pumping diesel and mazut to electricity power plants.
Egypt to Fuel Industries with Coal
Egypt will generalize the usage of coal in manufacturing as an alternative to natural gas starting May 2017.
