Ministry of Petroleum | Egypt Oil & Gas - Part 12

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.

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.

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