Egypt | Egypt Oil & Gas - Part 4

Egypt Cabinet Imposes VAT on Natural Gas, No Impact on Households

The Egyptian Cabinet approved a draft law that cancelled the exemption of natural gas from the value-added tax (VAT), making it subject to a table tax of EGP 20 per 1,000 cubic feet (cf). This comes as part of a w ...

Egypt’s US LNG Imports Halve in May

Egypt's liquefied natural gas (LNG) imports from the US declined to approximately 300,000 metric tons (mt) in May, nearly half its typical monthly intake of around 600,000 mt, Reuters reported, citing maintenance ...

Badawi Pushes for Regional Integration at D-8 Organization Meeting

Karim Badawi, Minister of Petroleum and Mineral Resources, participated in the first meeting of the Developing Eight (D‑8) Organization for Economic Cooperation, which includes Egypt, Türkiye, Indonesia, Iran, Mal ...

Egypt Strengthens Energy Ties at Baku Energy Week

Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, represented the country at the opening of Baku Energy Week, held in Azerbaijan’s capital from 1–3 June. The event was inaugurated by President Ilh ...

Egypt to Fully Settle Foreign Partners’ Arrears by June 10

Egypt expects to fully settle its outstanding dues to foreign oil and gas partners by June 10, 2026, thereby accelerating the initial June 30 deadline, according to Karim Badawi, Minister of Petroleum and Mineral ...

ECHEM Highlights Egypt’s Green Hydrogen Potential at World Summit

Alaa El-Din Abdel Fattah, Chairman of the Egyptian Petrochemicals Holding Company (ECHEM), underscored Egypt’s green hydrogen potential, highlighting its strong competitive advantages, including abundant renewable ...

Egypt, ExxonMobil, QatarEnergy Partner on Cypriot Gas Link

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a memorandum of understanding (MoU) between the Ministry of Petroleum and Mineral Resources (MoPMR), ExxonMobil, and partner QatarEnergy to maxmize ...

AVEVA, Schneider Electric, SUTech Launch Green Industrial Training Centers in Egypt

Industrial software provider AVEVA, energy technology leader Schneider Electric, and Elsewedy University of Technology (SUTech) – Polytechnic of Egypt signed a long-term partnership agreement at the AVEVA World ev ...

Capricorn, Cheiron to invest $208Mn in Consolidated Badr El Din Concession

The Egyptian General Petroleum Corporation (EGPC),  Cheiron Petroleum Corporation, and  Capricorn Energy PLC.signed on May 19 a new deal to pump at least $208 million in the consolidated Badr El Din concession in ...

Badawi Names New MRMIA leadership

Karim Badawi, Minister of Petroleum and Mineral Resources, issued a decision appointing new heads for several central departments at the Egyptian Mineral Resources and Mining Industries Authority (MRMIA).
La ...

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