Ministry of Petroleum | Egypt Oil & Gas - Part 11

Egypt Targets Boosting Crude Oil Production by 10,000 b/d

The Egyptian Ministry of Petroleum and Mineral Resources is aiming to increase crude oil production by 10,000 barrels per day (b/d) by the beginning of 2019.

Egypt, BP Talk Giza, Fayoum Development

Egypt's Minister of Petroleum, Tarek El Molla, has met with BP Upstream CEO Bernard Looney to discuss the status of the development of Giza and Fayoum fields.

Egypt Imports 17 LNG Cargos in Q1 2018/19

Egypt has imported a total of 17 liquefied natural gas (LNG) cargos during Q1 of fiscal year (FY) 2018/19 worth $500 million.

Egypt, Cyprus to Sign Gas Pipeline Agreement Today

The Egyptian Ministry of Petroleum will sign the agreement for establishing the natural gas pipeline between Egypt and Cyprus on September 19.

El Molla: “This Is Not The Last Fuel Price Hike”

Fuel prices will witness another increase in 2019, Egyptian oil minister Tarek El Molla announced on June 20, only four days after the latest fuel price hike.

Petroleum Ministry Invests in Employee Skills

Petroleum minister Tarek El Molla has announced that the third phase of the ministry's modernization program includes a set of advanced training programs to develop the skills of the ministry's employees.

Petroleum, Transportation Ministers Discuss Timeframe for Bitumen Supplies

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Minister of Transportation, Hesham Arafat, to discuss the timeframes for supplying bitumen for national road projects.

Aviation Ministry’s Arrears for Petroleum Ministry Hike to EGP 7 B

The Egyptian Ministry of Civil Aviation's indebtedness to the Ministry of Petroleum increased to EGP 7 billion by the end of 2017.

Petroleum Ministry, Baker Hughes GE Sign Cooperation Agreement

Egypt's Ministry of Petroleum and Baker Hughes GE signed a cooperation agreement to launch an electronic portal for online marketing of exploration and production (E&P) concession areas.

EBRD to Support Petroleum Sector Restructuring

The European Bank for Reconstruction and Development (EBRD) will provide technical assistance in the new structure of Egypt's oil and gas sector.

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