finance ministry | Egypt Oil & Gas

Aramco’s Jafurah Shale Gas Project Begins Production at 450 mmcf/d

Saudi Aramco's Jafurah shale gas project has commenced production at 450 million standard cubic feet per day (mmscf/d), marking the completion of the project's first phase, Saudi Arabia's Finance Ministry revealed ...

Finance Ministry Announces Petroleum Services Subject to VAT

Egypt’s Ministry of Finance has announced a list of 20 products and services related to oil and gas exploration and production (E&P) and export activities to be subject to the value added tariff (VAT) as they will ...

Finance Ministry Increases Cash Allocation to Oil Ministry

Egypt increased the Ministry of Petroleum's allocations from Finance Ministry to be $1b.

Egypt Drafted PPA for FiT Phase II

The Egyptian New and Renewable Energy Authority (NREA) along with the Egyptian Ministry of Finance completed drafting the Power Purchasing Agreement (PPA) for phase II of the energy purchase Feed-in-Tariff (FiT) pro ...

Approvals for Orascom Solar Project Still Pending

Orascom Telecom awaits solar energy project PPA, says deputy executive director

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