Ministry of Petroleum | Egypt Oil & Gas - Part 18
Egypt Spent EGP 51b on Fuel Subsidies
Egyptian Minister of Petroleum, Tarek El Molla, stated that Egypt’s fuel subsidies decreased during fiscal year 2015/2016 by 28.7% from the year before, as the country aims to reduce costly energy assistance tha...
Oil Ministry: Egypt’s Oil&Gas Industry Is Stable
The Egyptian Oil Ministry has assured that the industry is currently stable despite the ministry’s anticipations of losing its partners due to the latest decrease in oil prices, Mohamed Taher, First Undersecreta...
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. The LNG supplying cont...
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 U. IPR oil and gas company exploration rights in Upper Egypt, according t...
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 st...
Egypt’s Four Gas Fields to Resolve Energy Crises by 2019
A source at the Ministry of Petroleum and Mineral Resources stated that Egypt’s four key natural gas fields represent a path for helping the country resolve its energy crises by 2019, Egypt Oil&Gas reported....
EGPC: Oil Ministry Inked 3rd LNG Platform Deal
In an exclusive statement to Egypt Oil&Gas, an official source at the Egyptian General Petroleum Corporation (EGPC) clarified that the Ministry of Petroleum has inked a deal to construct a third platform for trans...
Egypt, Jordan Discussed Energy Projects
Egypt’s Minister of Petroleum, Tarek El Molla, and Jordan’s Energy and Mineral Resources Minister, Ibrahim Saif, met in Cairo to discuss the mechanism of implementing energy and natural gas cooperation protocols betwe...
