Ministry of Petroleum | Egypt Oil & Gas - Part 18

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.

Egypt’s Oil Ministry to Allow BG to Export Liquefied Gas

Egypt's Ministry of Petroleum vowed to allow British Gas Group (BG), now a subsidiary of Shell, to export liquefied gas through the infrastructure of the Abu Dhabi Company for Onshore Petroleum Operations (ADCO).

Egypt’s Arrears to Foreign Oil Companies Rose to $3.2b in March

Egypt's outstanding arrears to foreign oil companies rose to $3.2b at the end of March, up from $3b at the end of December, an official at the Ministry of Petroleum told Reuters.

Oil Ministry Aims to Deliver Gas to Homes, Reducing Imports

Egypt's petroleum sector aims to deliver gas to 3.5m housing units by the end of 2019, a source at the Ministry of Petroleum told Egypt Oil & Gas, adding that this move would reduce Egypt's annual imports of butane gas.

Petroleum Ministry to receive $200m of World Bank Loan

The Egyptian Ministry of Petroleum will receive $200m of a recently agreed $1b World Bank loan, according to an EGPC official who spoke to Al Mal News.

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