fiscal budgets | Egypt Oil & Gas

Badawi Approves EGP 10 Bn Planned Investments for Alexandria Petroleum Company

Karim Badawi, Minister of Petroleum and Mineral Resources, has approved the investment plans for the Alexandria Petroleum Company (APC) and the Amreya Petroleum Refining Company (APRC) for the fiscal year (FY) of 2026...

Egypt’s Cabinet to Cut Energy Subsidies by 10% in 2017-2018

An Official Source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that Egypt’s cabinet considers to cut energy subsidies by 10% in the next fiscal year (2017-2018). ...

Qarun Petroleum to Invest $190m

Qarun Petroleum Company plans to allocate $190m investments in its budget of fiscal year 2017/2018 to be used in drilling 14 development and exploratory wells in its concessions in order to increase production and com...

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