imports | Egypt Oil & Gas - Part 13
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 governorate...
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, Adel Al Shuwaikh, Chairman of the Petroleum Gas Company (PETROGAS) told Al-Mal . He also r...
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 re...
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 regula...
CAPMAS: Petroleum Exports Drop by 38%, Imports Increase by 4.7%
Exports of petroleum products have notably declined in August, dropping by 38% to reach $310.2m in comparison to $500.6m during the corresponding period last year, according to the Central Agency for Public Mobilizati...
Egypt to Import Gas From Leviathan
Delek Group announced in a press release the signing of a Letter of Intent to export natural gas from the Leviathan Project to Egyptian consumers. The preliminary deal is for 15 years, and includes pumping the gas to ...
EGPC in Negotiations with Kuwait to Increase Imports
The Egyptian General Petroleum Corporation is currently in negotiations with the Kuwait Petroleum Company to increase the number of barrels supplied by the KPC from 2.2m barrels monthly to 2.7m barrels, Egypt Daily Ne...
