Petroleum Products | Egypt Oil & Gas - Part 18
Kuwait Proceeds with Clean Fuels
The state owned Kuwait National Petroleum Company (KNPC) expects to finalize a loan of well over $5b to finance its clean fuels project (CFP) by the end of the first quarter of 2017, reported Reuters. CFP involves the...
Aramco Stopped Oil Supplies to Egypt
Saudi Aramco has informed the Egyptian General Petroleum Corporation (EGPC) in early October of its inability to supply Egypt with shipments of petroleum products, reported Reuters. No reasons or timeline was given fo...
EBRD Offered to Fund SUMED Project
European Bank for Reconstruction and Development (EBRD) has offered to fund the Arab Petroleum Pipelines Co. (SUMED) with $100m, based on a ten-year time-frame, to build a pier and petroleum products trading center in...
El Molla Modifies Gas, Oil Shipments Repayment
The Egyptian Ministry of Petroleum has modified all the concluded contracts with foreign companies to supply petroleum products and gas shipments to the country. Among the modifications is an extension of the period o...
Egypt Receives $650m Fuel Shipments from Saudi Arabia
As part of the five-year agreement that Egypt has with Saudi Arabia to contribute to supplying the country’s fuel needs, Egypt has received shipments of petroleum products worth approximately $650m in May and June 201...
Egypt Records 2.13% Rise in CO2 Emissions
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported through a press release on its website that Egypt’s carbon dioxide emissions have risen from 197.14m tons in 2013/2014 to 201.34m tons in 201...
Egypt Seeking to Resolve Energy Crisis by 2019
The government has revealed the details of the program to completely resolve the energy crisis by the end of 2019, according to a government source speaking to Egypt Oil&Gas. The source further explained that the ... EGPC Increases Levels of Petroleum Products Available
The Egyptian General Petroleum Corporation (EGPC) has announced that it will increase the levels of petroleum products distributed in the domestic market in the Holy Month of Ramadan. According to an announcement by E...
