FY 2020/21 | Egypt Oil & Gas

Egypt Doubles Oil Hedges in FY 2020/21

Egypt has doubled its oil hedges during the fiscal year (FY) 2020/21 as a precautionary measure against the possible increase of oil prices, Finance Minister Mohamed Maait told Bloomberg in an interview.

Petroleum Products Subsidies Fall by 46% in Q1 FY 2020/21

Petroleum products subsidies fell by about 46% during Q1 of the current fiscal year (FY) 2020/21.

Agiba, Pharaonic Petroleum to Boost Investments for FY 2020/21

Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) both announced to boost their investments during Fiscal Year (FY) 2020/21.

Protocols of Cooperation to Settle Decades-Old Financial Debts

 In an effort to end the financial debts accumulated for more than 30 years, the Ministries of Electricity and Renewable Resources, Petroleum and Mineral Resources, Finance, and the General Public Sector signed th ...

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