Ministry of Petroleum | Egypt Oil & Gas - Part 6

Petroleum Sector Delivers Natural Gas to 10 MM Housing Units

Tarek El Molla, the Minister of Petroleum, announced that the natural gas grid reached around 4 million housing units during the last five years, reaching a total of 10 million units across Egypt, according to the Pet...

Ministry of Petroleum Continues Upgrading Gas Grid

The Minister of Petroleum, Tarek El Molla, has confirmed the petroleum sector’s commitment to work on expanding and enhancing the efficiency of the national gas grid, considering it a strategic pillar in transfo...

Electricity Ministry to Pay EGP 1.3 B Per Month for Fuel

The Ministry of Electricity has agreed to repay EGP 1.3 billion per month to the Ministry of Petroleum for the fuel supplies provided to the power generation plants, after it has already paid EGP 35 billion of its arr...

EGPC to Raise Fuel Inflows During Eid

The government will increase gasoline supplies pumped to the local market during Eid Al-Adha feast, by around 10% to nearly 25 million liters per day, according to Abed Ezz El Regal, the Egyptian General Petroleum Cor...

PM Oversees Settling Interministerial Financial Records

Prime Minister Mostafa Madbouly held a meeting on August 7 to follow up on resolving financial entanglements between ministries, according to a Cabinet statement. The meeting was attended by the Minister of Petroleum,...

Rashpetco Issues First Logistics Safety Brochure

Rashid Petroleum Company (Rashpetco) has prepared a pioneering safety brochure for logistics services in the petroleum sector, to identify and manage risks associated with land, maritime, and air transport, according ...

Egypt Plans More Oil Hedging Contracts

The Egyptian government is planning to double the number of crude oil hedging contracts for fiscal year (FY) 2019/20, two government officials reportedly told Enterprise. The government is set to renew two hedging con...

GTUPW Launches New Mobile App

The General Trade Union for Petroleum Workers (GTUPW) has launched a mobile application that is the first of its kind among unions in Egypt, according to Nashwa El Sherif, GTUPW’s Media Center Deputy Chair, El W...

Egypt Converts 267,000 Natural Gas Vehicles

The number of vehicles that have been transformed to run on natural gas reached 267,000 by the end of July, according to Abdelfattah Farahat, the Egyptian International Gas Technology Company (Gastec) Chairman and Man...

BP to Increase North Alexandria’s Gas Production to 1.5 bcf/d

BP is planning to raise gas production from North Alexandria to 1.5 billion cubic feet per day (bcf/d) by 2020, a source from the Egyptian Natural Gas Holding Company (EGAS) told AlBorsanews. This will come as BP laun...

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