Petroleum Products | Egypt Oil & Gas - Part 19

Egypt to Receive 700,000 Tons of Petroleum Products from KSA

Saudi Arabia will provide Egypt with 700,000 tons of petroleum products a month under a $23b deal over five years signed between Saudi Aramco and the Egyptian General Petroleum Corporation (EGPC), an EGPC official was...

Egypt, Saudi Aramco Ink Petroleum Deal for Five Years

Egypt has signed a deal with Saudi Aramco stipulating that the Saudi company would supply the country with petroleum products for five years, the Egyptian Ministry of Petroleum said in a statement end of March, All Af...

Petroleum Ministry Decides Against IPOs for Petrochemical Projects

The Ministry of Petroleum and Mineral Resources has changed plans to generate capital for petrochemical projects through the Egyptian Exchange, reported Daily News Egypt. Current Prime Minister Sherif Ismail, during h...

Italy to Upgrade Egypt’s MIDOR, Other Energy Projects

Italy has agreed to upgrade Egypt’s Middle East Oil Refinery (MIDOR), participate in building a complex for petrochemical industries in Ain Sokhna, and update a number of combined-cycle power plants, Egypt Daily News ...

El Molla: Infrastructure Investment in the Sector Reached EGP 8.8b

Current infrastructure projects investments for receiving, transfer, and trading of petroleum products in Egypt have hit EGP 8.8b, Tarek El Molla, Minister of Petroleum and Mineral Resources told Al Mal. Already imple...

EGPC Boosts LPG Cylinders Supply to 1.23m/d

EGPC raised its LPG cylinders supply to local market to 1.23m cylinders a day, compared to the  1.1m during the summer months, Adel Al Shuwaikh, Chairman of the Petroleum Gas Company (PETROGAS) told Al-Mal . He also r...

Hossam Arafat: Subsidy Cuts Inevitable, Politics as Prime Determinant of World Oil Prices

Head of the General Division of Petroleum Materials, Hossam Arafat, told Egypt Oil & Gas that the reduction of subsidies on petroleum products was inevitable and had already begun in July 2014, as petroleum produc...

El Molla: Egypt Awarded Tender for Oil Products Supply in January

Egypt has awarded petroleum tenders to a number of companies to supply Egypt with oil products in the month of January, until a five year deal with Saudi Arabia is concluded as expected in early 2016, Petroleum Minist...

Nigeria Directs Country-Wide Fuel Supply Intervention

Nigeria’s Ministry of State for Petroleum Resources has issued a direction to the Pipelines and Products Marketing Company and the Petroleum Products Pricing Regulatory Agency, requesting a special supply interv...

Egypt Expanding LNG and Fuel Trading Infrastructure

Construction is underway on several new infrastructure projects to increase Egypt’s capacity for the transfer and handling of petroleum projects, according to Petroleum Minister, Tarek El Molla. The Minister said that...

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