Egyptian Ministry of Petroleum | Egypt Oil & Gas - Part 3

Power Plants Consume 3.7bcf/d of Gas

During the last week of August, gas consumption of electricity power plants in Egypt has recently decreased from 4bcf/d to 3.7cf/d, as temperatures started to decline.

Oil Minister Changes Management of Mineral Resources Firms

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla announced changes in the management of mineral resources firms, according to a press release.

Egypt’s Power Plants’ Gas Consumption Increased

The Egyptian Ministry of Petroleum announced that the gas usage of power stations has increased to 3.4bcf/d, up from 3.3bcf/d.

Egypt Decreased Kuwaiti Crude Imports

The Egyptian Ministry of Petroleum announced that the crude oil import from Kuwait has decreased from 3mb/month to 2mb/month.

Eni to Drill Sixth Well in Egypt’s Zohr Field

An official at the Egyptian General Petroleum Corporation (EGPC) stated that the drilling of the sixth well of the Zohr gas concession is scheduled to start in January 2017.

Egypt Saw 10% Rise in Fossil Fuel Usage

An official of the Egyptian Ministry of Petroleum said that the ministry has detected 10% increase in local usage of fossil fuel across all the governorates.

Egypt, South Africa Seek Energy Cooperation

Egyptian Minister of Petroleum, Tarek El Molla meets with the South African Ambassador to study joint cooperation in the oil, gas, and mining industries.

Ministry of Petroleum to Expand Midor’s Refineries in 2019

The Egyptian Ministry of Petroleum and Mineral Resources seeks to invest $1.6b in a project that aims to expand the refining facilities of the Middle East Oil Refinery (Midor) in order to meet the domestic demand of ...

Egypt Receives $650m Fuel Shipments from Saudi Arabia

As part of the five-year agreement that Egypt has with Saudi Arabia to contribute in supplying the country’s fuel needs, Egypt has received shipments of petroleum products worth approximately $650m in May and June 20 ...

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