Mostafa Madbouly | Egypt Oil & Gas - Part 2

MoP Arears Decline to EGP 51B

During a recent meeting, Minister of Petroleum and Mineral Resources Tarek El Molla indicated that the financial arrears of the ministry declined to EGP 51 billion after it had reached EGP 334 billion in June 2018 ...

Egypt, UAE Seek to Boost Renewable Energy, Natural Gas Cooperation

Prime Minister Mostafa Madbouly held a meeting to boost cooperation and joint investments with the UAE in energy, especially in renewable energy and the development of natural gas fields.

Egypt PM, Scatec’s CEO Discuss Issuance of Green Bonds

Prime Minister Mostafa Madbouly held a meeting with CEO of the Norwegian renewable energy company Scatec Terry Belskog to discuss the first issuance of green bonds to refinance the company's plants in the "Benban ...

Egyptian Prime Minister Thanks Organizers of EGYPS 2022

Prime Minister Mostafa Madbouly thanked the Minister of Petroleum and Mineral Resources Tarek El Molla and the organizers of the fifth edition of EGYPS 2022 which became one of the significant events in the Egypti ...

EGPC, EEHC Sign Protocol for Purchasing 20 Mobile Electric Generators

The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Electricity Holding Company (EEHC) have signed a cooperation protocol targets selling 20 mobile electric generators of model “+TM2500” at capacity ...

Egypt To Establish Largest Refinery Complex in Al-Sokhna

Prime Minister Mostafa Madbouly witnessed the signature of land allocation contract for establishing the largest refinery and petrochemical complex in Ail Al-Sokhna at the Suez Canal economic zone (SCZONE) with in ...

Agreement with Belgian DEME for Studies of Green Hydrogen Production

Prime Minister  Mostafa Madbouly witnessed Sunday ceremony of green hydrogen agreement signed between the Egyptian Electricity Holding Company, chaired by Gaber Desouky, and the Belgian DEME Group, chaired by Alai ...

Madbouli Reviews Strategic Petroleum Reserves, Ongoing Projects

The Prime Minister, Mostafa Madbouly, reviewed with the Minister of Petroleum and Mineral Resources, Tarek El Molla,a number of  the ministry's files  including  strategic petroleum reserves and the ongoing projec ...

Petroleum Sector Nourishes Egypt’s Economy

Egypt’s economy has managed to retain a stable economic growth rate in Fiscal Year (FY) 2019/20, reaching 5.6%, despite the continued slowdown in the global growth rates.

El Sisi Urges Modernizing Petrochemicals Industry

The President Abdel Fattah El Sisi, has stressed on continuing the modernization of the oil and gas sector through developing the petrochemicals industry to cope up with the international market variables.

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