petroleum derivatives | Egypt Oil & Gas - Part 2
Egypt Invests $20b in VRU for Naphtha and Butane
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the country is constructing a new Vapor Recovery Unit (VRU) worth $ 20b within Assiut Refinery, to cover domestic demands of petro ...
YASREF Appoints Ennpi to Design Exportation Facility
Yanbu Aramco Sinopec Refining (YASREF) assigned Ennpi to completed design work associated with a project aiming to facilitate the exportation of refined fuels to Saudi Arabia's Aramco.
Egypt’s Diesel Reserves to Cover 5 Days of Demand
Egyptian General Petroleum Corporation's Chairman, Tarek El Hadidi, stated that Egypt has enough diesel stored to cover five days of local demand, with import cargos arriving regularly. He added that Saudi Arabia's A ...
Oil Ministry Eyes Increase in Oil Output
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the ministry will request foreign oil and gas investors to increase the number of oil wells in the Nile Delta concessions, with an a ...
EGPC in Negotiations with Kuwait to Increase Imports
The Egyptian General Petroleum Corporation is currently in negotiations with the Kuwait Petroleum Company to increase the number of barrels supplied by the KPC from 2.2m barrels monthly to 2.7m barrels.
Dollar Decline to Save Egypt 200m a Month in Subsidies
A source at EGPC told Egypt Oil & Gas that the local decline in the value of the dollar is a positive factor in ensuring that the amount allotted to energy subsidies in the state budget is not surpassed.
Tarek el Molla: EGP 15b Spent on Energy Subsidies in Q1
Tarek El Molla, Minister of Petroleum and Mineral Resources said that subsidies for petroleum derivatives in the first quarter of fiscal year 2015/2016 have reached EGP 15b, reported Egypt Oil & Gas.
El Molla: Egypt to Import 2.2m Barrels of Crude from Kuwait
Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that a key priority is increasing imports of petroleum derivatives, reported Egypt Oil & Gas.
