Prime Minister Mostafa Madbouly made a televised announcement of a government decision to import additional shipments of mazut for the coming period to achieve balance in the electrical network.
Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them by EGP 0.25 per liter for Q2 2022.
Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them by EGP 0.25 per liter for Q2 2021.
Sonatrach company announced that it has recorded increase in its refinery operations by 7.4% during 2020, reaching 27.2 million tons compared to 29.1 million tons in 2019.
Egypt’s Fuel Automatic Pricing Committee decided to leave the current fuel prices for Q4 2020.
The Egyptian Ministry of Petroleum and Saudi Aramco are working to construct several mazut storage warehouses by March 2019.
Chevron and France's Axens have shown interest in a project for the Alexandria Mineral Oils Company (AMOC) and will submit financial and technical offers by the end of December 2018.
Alexandria Mineral Oils Company (AMOC) is in talks with an international refining company to sign contracts for selling 300,000 tons of mazut on a yearly basis.
The Petroleum Pipelines Company (PPC) is close to finishing the double-line Ras Bakr-Assuit pipeline.
The Assiut Oil Refining Company (ASORC) is to construct a $1.85 billion facility for conducting thermal cracking on mazut.
