Egypt's Alexandria Mineral Oils Company (AMOC) reached an agreement with the State Oil Company of Azerbaijan Republic (SOCAR) over exporting 3,000 tons of Mazot during June 2017.

Orascom Construction announced signing agreements to convert Egypt's Assiut and West Damietta power plants from simple to combined cycle, an endeavor that is work $420m.

Major Egyptian cement producer Suez Cement announced last week that the Egyptian cement industry, benefiting from increased energy availability, increased production by 29 percent compared to last year and by 23 percent through the first nine months of 2015.

A source at the petroleum ministry revealed to Egypt Oil & Gas that the quantities of diesel and fuel oil pumped to power plants will be redirected to build up the strategic reserves.

The Egyptian General Petroleum Corporation (EGPC) has agreed to import six shipments of fuel oil (mazot) from Russia's RosNeft, by the end of 2015, said Petroleum Minister, Tarek El Molla.