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 the Ministry of Petroleum is in negotiations with a number of foreign oil companies to buy their share of liquefied natural gas (LNG) to meet the growing needs of ...
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 repr...
Egypt Saved EGP 30b as Oil Prices Dip
Sources at the Petroleum Ministry revealed to Egypt Oil & Gas that the current global price of oil reaching $48 a barrel will save the state nearly EGP 30b during the current fiscal year (FY) alone, as the governm... 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...
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. Repay...
Petroleum Minister: New Discovery Not to Affect Israeli Gas Imports
Ahram Online quoted 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. The quo...
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 Dail...
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. Minister of Petroleum Sherif Ismail announced Monday that the ongo... 
