imports | Egypt Oil & Gas - Part 14

EGPC: Petroleum Derivatives Imports Expected to Rise from U$700mn to $1bn

The value of petroleum derivatives imports reached U$700mn in the current June, according to an official at the Egyptian General Petroleum Corporation (EGPC).

Saudi, UAE to Switch from Importing to Exporting Motor Fuel

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 ...

First Austrailan LNG Shipment Arrives to Egypt

Egypt is set to receive its first liquefied natural gas (LNG) delivery from Australia on Wednesday, live ship-tracking data on Reuters Eikon showed.

Egypt to Introduce 3rd Floating LNG Terminal

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 Up by a whopping 95%

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 to Allow Private Sector to Use National Natural Gas Grid

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 ...

Iran Facing Gas Crunch thanks to ‘Wasteful’ Domestic Consumption

Iranian officials have issued fresh warnings over the rising consumption of natural gas in the country.

Banque du Caire Issues Letters of Credit Worth $36m to EGPC

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.

Egypt’s LNG Imports to Hit $3.55 bn

Egypt will import around $3.55 bn worth of liquefied natural gas (LNG) in the current financial year, EGPC says.

Egypt’s Oil Exports Drop

CAPMAS reported last Sunday a 22.1 percent drop in exports' value, standing at EGP12.03 bn in January 2015, in comparison to last year’s EGP15.44 bn.

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