petroleum ministry | Egypt Oil & Gas - Part 2

Petroleum Ministry Pays $111M in Arrears to Dana Gas

Emirate company Dana Gas has announced receiving $111 million of arrears from the Egyptian Ministry of Petroleum.

Finance Ministry Increases Cash Allocation to Oil Ministry

Egypt increased the Ministry of Petroleum's allocations from Finance Ministry to be $1b.

President Inaugurates Misr Fertilizers Expansion

Egypt's President, Abdel Fattah Al Sisi, has inaugurated the expansion project of Misr Fertilizers Production Company (MOPCO) in Damietta, which will contribute to the plan to maximize the added value of the country’ ...

Oil Ministry Confirms BG’s West Delta Deep Marine Commitment

An official at the Ministry of Petroleum denied reports that gas company BG had halted production and development of two stages of its offshore West Delta Deep Marine project.

Egypt’s Ministry of Petroleum Begins New Strategy

Egypt's Ministry of Petroleum has a new strategy for reducing imports, adding value to Egyptian products and making Egypt an energy hub in the Middle East, a source in the Ministry told Egypt Oil and Gas.

ADF Loan to Cover $500m Owed to Foreign Companies, Petroleum Ministry

An official source at the Ministry of Petroleum said that the ministry plans to repay $500m of Egypt’s dues to foreign partners by the end of 2015.

Egypt to Renegotiate Contracts with IOCs

Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry aims to renegotiate the current contracts with IOCs, in order to achieve economic balance between the foreign investor and state com ...

Petroleum Minister Inspects Ethylene Project in Alexandria

Minister of Petroleum and Mineral Resources Tarek el Molla visited the ethylene production project in Alexandria, to inspect its implementation, reported State Information Service. The project is worth $1.9b, and rep ...

Petroleum Ministry to Secure LPG Supply in Winter

Tarek El Molla, Minister of Petroleum and Mineral Resources met with the heads of Petrogas, Petrosafe, EPROM, Petroleum Pipeline Company and MID TAP to discuss methods of ensuring a steady supply of LPG during the co ...

Egypt’s PM to Meet Cyproit Energy Minister

Prime Minister Sherif Ismail, and Petroleum Minister Tarek El Molla are to meet with Giorgos Lakkotrypis, Cyprus' Energy Minister today to discuss energy.

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