Ministry of Petroleum | Egypt Oil & Gas - Part 16
Egypt to Pay for Halted Fuel Cargoes
A source with the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that the Egyptian Ministry of Petroleum and Mineral Resources will receive $250m from the Ministry of Finance within January ...
Khalda Petroleum to Invest $810m
An official from Khalda Petroleum Company, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and US Apache, stated to Egypt Oil&Gas that the company allocated $810m investments in the budge...
Egypt to Import 1.4bcf/d of Gas
The Ministry of Petroleum and Mineral Resources asked the Central Bank of Egypt (CBE) to provide $270m per month to import 1.4bcf/d of gas starting from June, reported Al Borsa. The ministry plans to receive 1.2bcf/d...
Egypt to Invest $17m in Gas Developments
The Egyptian Ministry of Petroleum and Mineral Resources will execute 11 development projects for $17.5m. The projects aim to develop gas fields in cooperation with foreign partners in order to compensate the natural ...
EGPC Supplies 1m Butane Bottles Daily
The Egyptian General Petroleum Corporation (EGPC)’s CEO, Tarek El Hadidy, stated that EGPC supplies around 1m butane bottles per day during winter in order to cover local demands all over the country, reported A...
No Price Hikes with Fuel Smart Cards
A press release to Egypt Oil&Gas stated that the Egyptian Ministry of Petroleum and Mineral Resources confirmed that there will not be any fuel price hikes or volume capping with the trail run of the second phase ...
El Molla Chaired Energy Hub Meeting
A press release to Egypt Oil&Gas stated that the the higher committee for transferring Egypt into a regional energy hub held its first meeting chaired by the Egyptian Minister of Petroleum and Mineral Resources, T...
Egypt Owes $1.35b to Shell
Egypt’s Ministry of Petroleum owes $1.35b in outstanding dues to Royal Dutch Shell. This is an increase from the $1.3b owed in October for Shell’s equity production from Rashid and Burullus fields’ concess... 
