imports | Egypt Oil & Gas - Part 10

imports | Egypt Oil & Gas - Part 10

Egypt to Receive Iraqi Oil

Egypt is about to start receiving 1mb of light crude oil per month from Iraq within the coming few days

El Molla: Egypt to Witness Quantum Leap in Gas Output

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that 2017 will witness a quantum leap in Egypt's natural gas production.

EGPC Launched Diesel Tenders

The Egyptian General Petroleum Corporation (EGPC) has launched two oil tenders to import 1.012m tons of diesel to be received in February and March 2017.

EGPC to Launch Fuel Tender

Egyptian General Petroleum Corporation (EGPC) is launching a tender to receive 700,000 tons of benzene, diesel and mazut.

Egypt to Cover Butane Demand

The Egyptian General Petroleum Corporation (EGPC) has enough butane reserves to cover 15 days of the local market demands.

Egypt Spends EGP 13b on Fuel Imports

Egypt imports bill for petroleum derivatives including benzene, diesel and mazut, as well as liquefied natural gas (LNG), has reached EGP 13b a month.

Egypt, Jordan Talked Energy Cooperation

the Egyptian Minister of Petroleum and Renewable Energy, Tarek El Molla, met with the Jordanian Prime Minister, Hani Al Mulki, along with a delegation from the country.

Oil Firms Refused Extended Payment Terms

International Oil Companies (IOCs) that were contracted through tenders to import petroleum derivatives to Egypt refused to extend payment period to 6 months instead of two.

Egypt to Buy Kuwaiti Fuel

Egypt signed an agreement to buy petroleum products from Kuwait with no discounts or grants. According to the agreement Egypt should pay in cash.

Egypt Approved Oil,Gas Exploration Licenses

The Egyptian Parliament's Energy and Environment Committee, in accordance with the committee for Constitutional and Legislative Affairs, approved 6 new exploration oil and gas agreements.

Page 10 of 17

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