petroleum ministry | Egypt Oil & Gas - Part 2
Finance Ministry Increases Cash Allocation to Oil Ministry
In a statement to Egypt Oil&Gas, the Egyptian General Petroleum Corporation (EGPC)’s CEO, Tarek El Hadidy, said that the Finance Ministry increased its allocations for the Ministry of Petroleum and Mineral R...
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 cou...
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 Oil & Gas reported. Reuters had...
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 at the Ministry told Egypt Oil and Gas. The ...
ADF Loan to Cover $500m Owed to Foreign Companies, Petroleum Ministry
An official source at the Ministry of Petroleum told Daily News Egypt that the ministry plans to repay $500m of Egypt’s dues to foreign partners by the end of 2015. It will do this by making use of a $1.5bn loan obtai...
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 comp...
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 repr...
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 com...
