imports | Egypt Oil & Gas - Part 11
Saudi Oil Supplies to Egypt to Increase in New Deal
Saudi Arabia is expected to provide Egypt's oil needs for a five-year period, which will increase the quantity of imported oil from 500,000 to 700,000 tons per year.
EGAS Decreases Gas Imports by 7%
The Egyptian Natural Gas Holding Company (EGAS) decreased the volume of imported gas by approximately 7%, to reach 650 mcfd compared to 700 mcfd in January.
Seven Investors Building Solar Cells in Egypt
There are now seven companies building solar cell components in Egypt, according to New and Renewable Energy Authority Head, Dr. Mohamed Al Sobky.
Abdul Ghani: 50,000 New Subscribers Officially Registered
Khaled Abdul Ghani, the project director for the fuel subsidy cards at e-Finance told Egypt Oil & Gas that 50,000 new subscribers were registered prior to the actual application of fuel stations in the governorates, ...
Local Stability of Dollar Saves Egypt 250m a Month
The stability of the local exchange rate for the US Dollar, will save the Egyptian government an estimated EGP 250m per month; a positive reduction that coincides with the low current Brent price of $28.94 (on Sunday ...
EGPC Boosts LPG Cylinders Supply to 1.23m/d
EGPC raised its LPG cylinders supply to local market to 1.23m cylinders a day, compared to the 1.1m during the summer months
CAPMAS: Egypt’s Crude Oil Imports Drop 68% in September
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS), the state statistics agency, reports that imports of 10 commodities dropped to $2.1b, down by 29%, during September 2015, which is largely the r ...
Gas Regulatory Authority to Launch 2016
During a press conference in South Sinai, Minister of Petroleum and Mineral Resources, Tarek El Molla, said that a new gas market regulation authority will be launched by the middle of 2016, concerned only with regul ...
