Ministry of Petroleum | Egypt Oil & Gas - Part 18

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.

Egypt Inks Exploration Agreements with Mediterra, IPR

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, has signed two agreements that grant Cyprus’ subsidiary Mediterra and US IPR oil and gas company exploration rights in Upper Egypt.

Ministry of Petroleum Owes $400m to Germany’s RWE

Egypt’s Ministry of Petroleum owes $400m to its German counterpart, RWE, a leading company in manufacturing coal and nuclear-based electricity generators in Europe. The amount accounts for the Essen-based company’s s ...

Egypt’s Four Gas Fields to Resolve Energy Crises by 2019

A source at the Ministry of Petroleum and Mineral Resources told Egypt Oil&Gas that Egypt's four key natural gas fields represent a path for helping the country resolve its energy crises by 2019.

EGPC: Oil Ministry Inked 3rd LNG Platform Deal

An official source at the EGPC said that there are five steps for securing natural gas imports, to meet all citizens' demands in local markets.

Egypt, Jordan Discussed Energy Projects

Egypt’s Minister of Petroleum, Tarek El Molla, and Jordan’s Energy and Mineral Resources Minister, Ibrahim Saif, discussed the mechanism of implementing energy and natural gas cooperation protocols between the two Ar ...

Oil Ministry Focused on Gas to Meet Domestic Demand

In the last couple of years, Egypt's Ministry of Petroleum has focused to provide fuel needs to the domestic market through contracts on gasification ships to receive Liquid Natural Gas (LNG) shipments.

Assiut Oil Refinery Seeking EGP 750m for Restructuring

Assiut Oil Refinery has addressed banks to obtain a loan worth EGP 750m to finance its restructuring plan and increase production capacity.

Page 18 of 21

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password