The Egyptian Cabinet approved a governmental commission to review tenders and contracts between the government on one hand and companies and factories on the other hand that were prior to EGP devaluation.
Egyptian Minister of Petroleum, Tarek El Molla, met with Saudi Minister of Energy, Industry and Mineral Resources, Khaled Al Falih, to discussed minerals investments and bilateral cooperation in the field of mining.
Egypt's Nuclear Power Plants Authority (NPAA) and global consultants WorleyParsons are resuming feasibility and technical studies for establishing a nuclear power plant at Marsa Matrouh.
Tests results of the new discovery well BTE - 2 at Badr El-Din Petroleum's (Bapetco) Alam El Shawish concession showed a production capacity of 20mcf/d of gas and preliminary estimated reserves of 500bcf.
The Legislations Department at Egypt's State's Council will submit a draft for the new gas distribution law along with a draft for the tenders and bidding law to the Egyptian Parliament early December.
The Egyptian General Petroleum Corporation (EGPC) will launch a new tender in December in order to cover the domestic demand for petroleum products and makeup for halted Saudi Aramco shipments.