Ministry of Petroleum | Egypt Oil & Gas - Part 20

Oil Ministry in Negotiations with IOCs for LNG

A source at EGPC revealed to Egypt Oil & Gas that negotiations with a number of foreign oil companies are underway to buy their share of liquefied natural gas (LNG) to meet the needs of power plants and factories suf ...

Petroleum Minister Inspects Ethylene Project in Alexandria

Minister of Petroleum and Mineral Resources Tarek el Molla visited the ethylene production project in Alexandria, to inspect its implementation, reported State Information Service. The project is worth $1.9b, and rep ...

Egypt Saved EGP 30b as Oil Prices Dip

Sources at the Petroleum Ministry revealed to Egypt Oil & Gas that the global price of oil reaching $48 a barrel will save the state nearly EGP 30b during the current fiscal year (FY) alone, as the government has set ...

EGPC Chairman Tarek El-Molla to Temporarily Manage Petroleum Ministry Affairs

Egypt Oil & Gas (EOG) learned that President Sisi and the new Prime Minister, Sherif Ismail, asked EGPC Chairman Tarek El-Molla to look after the affairs of the Petroleum Ministry until a new petroleum minister is of ...

Petroleum Ministry Signs New Deal with Saudi Aramco

The Ministry of Petroleum announced signing of an agreement with Saudi Aramco – the largest energy company in the world – to provide Egypt with its needs of petroleum products for three months, reported Reuters. Repa ...

Petroleum Minister: New Discovery Not to Affect Israeli Gas Imports

Sherif Ismail, the Egyptian Petroleum minister saying that the discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel.

Ministry of Petroleum: Petrochemical Plants to be Launched in the New Suez Canal Annex

The Ministry of Petroleum announced that it is working on preparing feasibility studies for a number of refining and petrochemical projects that will be included the new Suez Canal Axis Development plan, reported Dai ...

Sherif Ismail: Egypt to add 1.2m Household Units to the Natural Gas Supply Grid

The Ministry of Petroleum and Mineral Resources aims to connect 1.2m residential units with natural gas during the current fiscal year (FY) 2015/2016.

Ministry of Petroleum: Egypt to Sign 9 Agreements Worth $2.2bn

Nine petroleum agreements of about $2.2 billion will be finalized soon, according to a Ministry of Petroleum. The nine agreements include an agreement with the Tunisian HBS international oil company with investments ...

OGS and Schlumberger to Pool Training Efforts Regionally

Minister of Petroleum and Mineral Resources Sherif Ismail witnessed the signing of a memorandum of understanding (MoU) between the Oil & Gas Skills (OGS) company and Schlumberger for the establishment of a joint oil ...

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