Ministry of Petroleum | Egypt Oil & Gas - Part 12

Finance Ministry Announces Petroleum Services Subject to VAT

Egypt’s Ministry of Finance has announced a list of 20 products and services related to oil and gas exploration and production (E&P) and export activities to be subject to the value added tariff (VAT) as they will ...

Number of Households Linked to Gas Grid Hits 8.3M

Egyptian Ministry of Petroleum and Mineral Resources increased the number of households connected to national gas grid to around 8.3 million households across the country.

Egypt Signs 83 E&P Agreements in 4 Years

The Egyptian Ministry of Petroleum and Mineral Resources succeeded in signing a total of 83 E&P agreements between November 2013 and December 2017. The agreements were sealed with IOCs with minimum investments aro ...

Egypt’s Gas Flaring Can Cover 5% Electricity Production

Egypt's gas flaring is enough to cover 5% of domestic electricity production, Director and Head of Natural Resources at the European Bank for Reconstruction and Development (EBRD), Eric Rasmussen, stated.

Egypt Ranks 11th Globally in Gas Flaring

Egypt is the 11th country in gas flaring worldwide, Program Manager-Global Gas Flaring Reduction Partnership at the World Bank, Bjorn Hamso, stated, adding that Egypt jumped from the 9th to the 11th place.

Egypt to Invest $6.8B in Petrochemical Project

The Egyptian Ministry of Petroleum and Mineral Resources will invest $6.8 billion in an integrated production complex for petrochemicals.

Petroleum Ministry Injects Fuel in Market before Eid

The Egyptian Ministry of Petroleum and Mineral Resources will inject more fuel into the Egyptian markets ahead of Eid El Adha and the back-to-school season.

Production at Atoll Field to Begin in 2017

Natural gas production will begin at the Atoll field in the North Damietta Offshore Concession before the end of 2017.

Zohr Development Reaches 83.5%

Development at the Zohr gas field has reached 83.5%.

Oil and Gas Employees Participate in Second Modernization Symposium

Employees of state-owned companies at the Petroleum Complex and of the Ministry of Petroleum and Mineral Resources participated in the second symposium on Egypt's modernization program.

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