import | Egypt Oil & Gas - Part 2

ABB to Establish $ 10m Power Transformer Plant

ABB is planning to establish a $10m power transformer plant in 10th of Ramadan City, the company’s power products unit manager Mohamed Salem said, according to Al Borsa. The plant is expected to have a production capa...

Egypt Aims to Cut LNG Imports

Egypt is holding talks with its LNG suppliers to defer contracted shipments this year. The North African Country aims to cut back on purchases in 2018, as surging domestic gas production squeezes out demand for costly...

Egypt to Raise gas Import Allocations by $500m in 2018

An Official Source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that the Egyptian Government allocated $3b for gas imports in 2018, raising the gas imports allocations b...

Egypt to Pump 150mcf of Gas to Factories during April

An official source at the Egyptian Natural Gas Holding Company (EGAS) stated exclusively to Egypt Oil&Gas that 150mcf of LNG were decided to be pumped to the stumbling factories during April to avoid stopping the ...

Kenya Approaches Saudi Arabia for Cheaper Crude Oil

Kenya is negotiating with Saudi Arabia over importing crude oil from the OPEC’s member. The negotiations are part of the Kenyan government plan to import cheaper crude to be refined locally, Petroleum Africa reported....

Egyptian Cabinet Approved Oil Import from Iraq

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the Egyptian Cabinet approved importing 12b/y barrels of oil from Iraq, reported Al Ahram Gate. During the press conference held in ...

China to Increase Oil Imports from West Africa

China will import record amounts of crude oil from West Africa in April. The OPEC’s supply cuts allowed other nations to attract the fast-growing Asian market, Bloomberg reported. According to South China Morning Post...

Egypt to Receive Diesel Cargo from Saudi Aramco

Egypt is expected to receive a diesel cargo from Saudi Aramco within the next few days as a part of the contract inked in April 2016. The Egyptian General Petroleum Corporation (EGPC)’s Chairman, Abde Ezz El Reg...

Aramco to Deliver Two Gasoline Shipments to Egypt

Egypt is set to receive two shipments of gasoline as part of the oil shipments supplied by Saudi Aramco by the end of March. The Egyptian market needs 1.2m tons of diesel fuel per month, 2m tons of  fuel oil, 530,000 ...

Rosneft to Provide 10 LNG Cargoes to Egypt

A trading unit of Russia’s largest oil producer Rosneft Trading SA (RTSA) has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company (EGAS) in 2017. The first ...

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