Ministry of Petroleum | Egypt Oil & Gas - Part 17
Bapetco Brought 2 Wells Online
Badr El Din Petroleum Company's (Bapetco) brought two new wells in its fields in the Western Desert to Egypt's online. The wells have an accumulated capacity of 4500b/d of equivalent crude oil and gas.
Jordan to Join Egypt’s FiT Program
Jordan's Philadelphia Solar seeks to finalize the financial closure for its Egyptian power plant project in order to to join phase I of the country's energy purchasing Feed-in-Tariff (FiT) program.
Egypt to Reduce Fuel Subsidies
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Egypt is studying every possible method including increasing prices in order to reduce fuel subsidy's expenditure in fiscal year 2 ...
Power Plants Consumed 3.4bcf/d of Gas
The Egyptian Ministry of Petroleum announced that the gas consumption of electricity power plants decreased to 3.4bcf/d.
Egypt Pumps Gas to Ismailia
Egyptian Ministry of Petroleum started a project to deliver gas to Qantara city in West Ismailia Egypt Spent EGP 51b on Fuel Subsidies
Egypt's fuel subsidies decreased during fiscal year 2015/2016 by 28.7% from the year before, to reach EGP 51b.
Oil Ministry: Egypt’s Oil&Gas Industry Is Stable
The Egyptian Ministry of Petroleum and Mineral Resources has assured that the oil and gas industry is currently stable despite decrease in global oil prices.
Egypt Negotiates LNG Imports
The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years.
