Egyptian Ministry of Petroleum | Egypt Oil & Gas - Part 2

Egypt’s Refineries Operating at 70% Capacity

The Egyptian refineries are operating at only 70% capacity due to shortages in inputs and a decrease in the efficiency of the refineries.

Egypt Paid $650m to Eni

Egypt paid $630m in financial obligation to Italian oil and gas company Eni in January to develop the giant Zohr field off the Mediterranean coast.

Ministry of Electricity Settles EGP 21.2b of Debt

The Ministry of Electricity has paid EGP 21.2bn of its debts to the Ministry of Petroleum, from a total debt of EGP 60.9bn.

Egypt to Boost Natural Gas Output

Egypt plans to increase natural gas production from 4.4bcf/d to 5bcf/d in 2017.

Zarubezhneft Interested in Egypt’s Oil, Gas

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed possible oil and gas investments opportunities with a delegation from Russian state-owned energy company Zarubezhneft.

Egypt Received Oil Cargos

Egypt has received oil cargos, after Saudi Aramco informed that it will not be able to provide October's 700,000t shipment.

El Molla Reviewed EGAS Fiscal Results

The Egyptian Minister of Petroleum Tarek El Molla headed the General Assmbly of EGAS

Egypt, Shell Agreed on Gas Re-pricing for Burulus Field

The Egyptian Ministry of Petroleum and Mineral Resources agreed with Royal Dutch Shell Petroleum Company to re-price gas produced in phase 9C from Burulus field to be the same pricing as 9B phase gas, ranging between ...

Misr Iran Bank to Fund Energy Authorities

Egypt's Misr Iran Bank will fund EGP 200m to two government authorities, the Ministry of Electricity and Renewable Energy and the Ministry of Petroleum and Mineral Resources, with each getting EGP 100m in funding.

Egypt to Enhance Oil Pipelines, Refineries

Egypt is working on improving operations along the national pipeline grid for oil and petroleum derivatives that extends 5720km in length. El Molla added that Egypt is also focusing its petroleum efforts on new refin ...

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