The value of petroleum derivatives imports reached U$700mn in the current June, according to an official at the Egyptian General Petroleum Corporation (EGPC).
Middle Eastern oil producers Saudi Arabia and the United Arab Emirates will sharply cut or even halt costly gasoline imports next year after ramping up new refining capacities that put them a step closer to becoming ...
The Egyptian government is preparing the market for a possible third LNG import terminal for private use, even though the tender for the second is not settled and will not be for some time, sources say.
Egypt's petroleum imports increased 94.7 percent to LE7.82 billion in March from LE4.017 billion in the same period the previous year, state-run news agency MENA quoted the official statistics agency CAPMAS report on ...
EGPC’s board of directors decided during an internal meeting yesterday to allow the Egyptian private sector to use the national grid for natural gas, if and when gas is imported from abroad, announced EGPC CEO Tarek ...
Ayman Mukhtar, General Director of the Banque du Caire’s Corporate Credit Sector, announced that his bank has agreed this week to open a credit line worth $36 million for EGPC to import crude oil.