investment | Egypt Oil & Gas - Part 18
ADIB to Loan EGPC $100m
The Egyptian General Petroleum Corporation (EGPC) has requested a loan from ADIB Capital worth $100m to finance imported petroleum shipments, reported Daily News Egypt.
Egypt’s Sherif Ismail to Meet Spanish Energy Minister
Egypt Oil and Gas (EOG) learned that the Minister of Petroleum and Mineral Resources, Sherif Ismail is on his way to to Spain to meet his counterpart, the Spanish Energy Minister, in order to discuss means of coopera ...
Egypt to Double Natural Gas Production by 2018
A study by the Egyptian Center for Economic Studies (ECES) forecasts that due to recent gas discovery, Egypt will be able to double its natural gas production by 2018.
Finance Minister: Massive Gas Find Will Not Affect Subsidy Reform
Al Arabiya quoted Hany Kadry Dimian, the Egyptian finance minister, saying that the discovery of a massive new offshore natural gas field will not slow down his country's efforts to slash energy subsidies. The statem ... Egypt Pays $600m of IOC Debt
In an interview with Daily News Egypt, Tarek El-Molla confirmed the reduction of Egypt's debt to foreign oil companies to the current $2.9b.
Khaled Abu Bakr: New Gas Find Will Change the Energy Map for Egypt and the World
Khaled Abu Bakr, Executive Chairman of Taqa Arabia, said that the greatest challenge facing Egypt is legislative
Hurdles Facing Oil Investors as Iran Braces for Major Field Development
Iranian broker Reza Mostafavi Tabatabaei has warned foreign investors heading towards Iran of the difficulties they may face, speaking from his own personal experience.
Sisi to Ink Energy Deals in China
Sisi and his Chinese counterpart are scheduled to sign a number of understanding memoranda, funding agreements as well as cooperation protocols in a number of areas, chiefly energy industry, small and medium-sized ...
