Petroleum Trade Deficit Records $421 MM in FY 2019/20

• Tuesday, 1st December 2020
• by Editorial Team

The petroleum trade deficit recorded $421 million by the end of the fiscal year (FY) 2019/20, compared to a surplus of $8.1 million recorded in the previous year, according to the Central Bank of Egypt (CBE). The decl...

MoP Exceeds Natural Gas Delivery Rate

• Sunday, 5th July 2020
• by Editorial Team

The Ministry of Petroleum and Mineral Resources delivered natural gas to about 1.070 million housing units in fiscal year (FY) 2019/20, achieving  107% of  the original plan, according to a press release. Tarek El Mol...

El Molla Reviews Qarun Budget for FY 2019/20 -2020/21

• Thursday, 20th February 2020
• by Editorial Team

The Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly meeting of Qarun Petroleum Company to review the adjusted budget for Fiscal Year (FY) 2019/20, and the planning budget for F...