Ministry of Petroleum | Egypt Oil & Gas - Part 14
Egypt to Become Regional Hub by November
A specialized alliance is set to complete a strategy to transform Egypt into a regional energy trading hub by November 2017, reported Noozz. Sources at the Ministry of Petroleum and Mineral Resources said that Egypt’s...
Power Plants to Run 100% on Natural Gas
Sources at the Egyptian Ministry of Electricity and Mineral Resources told Al Masry Al Youm that that Ministry of Petroleum and Mineral Resources informed the Electricity Ministry of the possibility to totally rely on...
Egypt Aims to Pump Natural Gas to 1m Households
Egypt’s Ministry of Petroleum and Mineral Resources is aiming to pump natural gas to 1 m households across 26 governorates during the next Financial Year (FY) 2017-2018 at a cost of EGP 4.2b, Al Shorouk informed...
Egyptian Arrears to IOCs Decreased
The Egyptian General Petroleum Corporation (EGPC)’s Head, Abed Ezz El Regal, stated during the meeting at the American Chamber of Commerce that Egyptian arrears to international oil companies (IOCs) decreased fr...
Egypt to Restructure Ministry of Petroleum
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that programs are ongoing to upgrade skills of personnel as part of plans to restructure the Ministry. The plans are executed in cooperation...
Egypt to Stop Energy Allocations in 5 Years
The Head of the General Division of Petroleum Materials, Hossam Arafat, stated exclusively to Egypt Oil&Gas that Egypt will lift fuel subsidies over 5 years to reach zero allocations in the Egyptian budget. The al...
Egypt, Siemens Establish JV to Boost Oil Output
The Egyptian Ministry of Petroleum and Mineral Resources announced that the Egyptian Electricity Holding and the Egyptian Maintenance Company for Petroleum Services will establish a joint venture (JV) with GermanyR...
Ministry of Petroleum Arrears Down by $2.8b
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the ministry has successfully reduced its arrears for the IOCs by $2.8b in the last three years, as dues reached around $6.3b by the...
