Osama Kamal

Kamal: Egypt to Achieve Fuel Self-sufficiency Soon

Egypt will very soon achieve self-sufficiency in diesel and gasoline very soon, Osama Kamal, the Former Minister of Petroleum and Mineral Resources stated.

Egypt Pays Foreign Oil Companies $6.5 Billion Owed, Borsa Says

Egypt's government paid foreign energy companies $6.5 billion in overdue payments owed this year, Al Borsa reported, citing Oil Minister Osama Kamal.

Egypt says has signed debt deals with Petronas, BG Group

The Egyptian government has signed agreements with Malaysia's Petronas and Britain's BG Group to reschedule debt owed by Cairo, the minister of petroleum, Osama Kamal, told reporters on Tuesday.

The Egyptian Petroleum Minister Meets with CEO of the Chinese Sinopec Star Company to Discuss Mutual Partnership

The Egyptian Petroleum Minister Osama Kamal and CEO of Chinese Corporation Sinopec Star Petroleum Company Fu Chengyu discussed investment opportunities in the Egyptian oil and gas sector as a means of expanding mutual partnerships in the coming period.

Qatar backs $3.6bn Egyptian refinery

Qatar Petroleum International (QPI) will join Egypt's Orient Company and the Egyptian General Petroleum Corporation (EGPC) in their venture to set up a new $3.6bn refinery in Greater Cairo.

British Gas to inject US$5 billion in investments

Petroleum Minister Osama Kamal on Tuesday said British Gas is injecting US$3 billion to US$5 billion into development projects in Egypt, in addition to its current investments that amount to US$10 billion.

Minister of Petroleum discussed business plans with the heads of foreign companies over the coming period

Eng. Osama Kamal, Minister of Petroleum and Mineral Resources held a meeting with several heads of foreign companies operating in Egypt, British Petroleum (BP) and the German RWE, Malaysia's Petronas and British Gas and Gaz de France.

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