petroleum derivatives

  • Fuel Subsidies to Reach EGP 40b

    Fuel Subsidies to Reach EGP 40b

    Tuesday, 30th May 2017
    Petroleum derivatives subsidies bill will reach around EGP 40b in the last quarter of 2016/2017.
  • El Molla Discussed Updates on E-System of Distributing Petroleum Derivatives

    El Molla Discussed Updates on E-System of Distributing Petroleum Derivatives

    Thursday, 13th April 2017
    El Molla discussed the updates of the electronic system of distributing petroleum products.
  • Egypt to Import Fuel from UAE

    Egypt to Import Fuel from UAE

    Tuesday, 17th January 2017
    Egypt is negotiating with the United Arab Emirates (UAE) to import petroleum derivatives such as benzene, diesel, and butane.
  • EGPC to Launch Fuel Tender

    EGPC to Launch Fuel Tender

    Thursday, 15th December 2016
    Egyptian General Petroleum Corporation (EGPC) is launching a tender to receive 700,000 tons of benzene, diesel and mazut.
  • Oil Firms Refused Extended Payment Terms

    Oil Firms Refused Extended Payment Terms

    Thursday, 27th October 2016
    International Oil Companies (IOCs) that were contracted through tenders to import petroleum derivatives to Egypt refused to extend payment period to 6 months instead of two.
  • IDB to Cover Fuel Imports

    IDB to Cover Fuel Imports

    Thursday, 20th October 2016
    Egypt is in talks with the Islamic Development Bank (IDB) to secure funds for the Egyptian General Petroleum Corporation (EGPC) to import petroleum derivatives,
  • Egypt will Not Import Oil from Iran

    Egypt will Not Import Oil from Iran

    Tuesday, 18th October 2016
    Egypt is not in negotiations with Iran on crude oil imports, while the agreement with Saudi Aramco is still valid.
  • Mostorod Refinery to Finalize in 2017

    Mostorod Refinery to Finalize in 2017

    Monday, 17th October 2016
    The Egyptian Refining Company will complete its refining project in Mostorod within the first quarter of 2017.
  • Egypt Received Oil Cargos

    Egypt Received Oil Cargos

    Wednesday, 12th October 2016
    Egypt has received oil cargos, after Saudi Aramco informed that it will not be able to provide October's 700,000t shipment.
  • El Molla Encouraged Petrol Stations to Enhance Services

    El Molla Encouraged Petrol Stations to Enhance Services

    Monday, 19th September 2016
    Egyptian Minister of Petroleum, Tarek El Molla, emphasized the importance of improving services at filling stations. He urged marketing companies to continue promoting solar power as an alternative source of energy, in order to rationalize national energy consumption.