Fiscal year | Egypt Oil & Gas
Petrosannan to Invest $40.32 Mn in FY 2026/27
Petrosannan Petroleum Company, a joint venture (JV) between Ukraine’s Naftogaz and the Egyptian General Petroleum Corporation (EGPC), plans to invest around $40.32 million for the upcoming fiscal year (FY), targeting ...
El Jarhi: Cutting Fuel Subsidies to Aid Lower Income Groups
The cost of the social protection package will reach EGP 84b in the budget of the new fiscal year (FY) after amending the subsidies, pensions, and allowances, in addition to the tax deduction, Egyptian Minister of Fin...
Dana Gas Reports Strong Results in Egypt for Q1 2017
Dana Gas Egypt’s production was solid in Q1 2017. The onshore gas processing plant capacity at El Wastani remained at maximum output. Total output for the first quarter was 40,950 boe/d, a 24% increase on the 33...
El Molla: Egypt’s Fuel Subsidy to Exceed EGP 110b
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the fuel subsidy increased well above EGP 110b, from an estimated EGP 35b in the budget, because of the flotation of Egyptian bound ...
Government Debates Energy Subsidies in New Budget
Government source stated to Egypt Oil&Gas that the Egyptian Cabinet is in talks over the amounts allocated for fuel subsidies in the new budget of fiscal year 2017/2018. The Ministry of Finance and the Ministry of...
Egypt Earmarks EGP 61bn for Fuel Subsidies
Egypt’s draft 2015/2016 budget earmarks 61 billion Egyptian pounds ($8 billion) for fuel product subsidies, Tarek El Molla, chairman of state-run Egyptian General Petroleum Corp (EGPC), said in a statement on Sa...Page 1 of 1
