Petroleum Products | Egypt Oil & Gas - Part 5

Iraq’s Oil Ministry Signs MoU for Establishing Refinery in Dhi Qar

The Iraqi oil Ministry has signed a memorandum of understanding (MoU) for establishing a refinery in Dhi Qar governorate in order to raise the production capacity rates of petroleum products and fuels as well as i ...

Novatek Hydrocarbon’s Production Increases 3.1% in 2020

The Russian Novatek’s hydrocarbon production has increased by 3.1% to 608.2 million barrels of oil equivalent during 2020, compared to 589.9 million barrels of oil equivalent.

Iraq, Lebanon Discuss Imported Oil Details

Director General of the Lebanese Public Security, Abbas Ibrahim, stated that technical teams from Iraq and Lebanon are going into discussions about the technical details of the imported oil material from Iraq to L ...

El Molla Pushes for Development of Petroleum Products’ Distribution System

The Minister of Petroleum and Mineral Resources, Tarek El Molla, urged the Cooperation Petroleum Company’s (Copetrole), and Misr Petroleum Company to renew and develop their distribution systems to transport petro ...

Egypt Keeps Fuel Prices Unchanged for Q1 2021

The Egyptian automatic fuel pricing committee decided to keep the prices of fuels and petroleum products unchanged Q1 2020 among the domestic market.

El Molla Inspects Trial Operations at ASORC’s Octane Complex

Tarek El Molla, Minister of Petroleum and Mineral Resources, reviewed the progress of Assuit Oil Refining Company’s (ASORC) Octane complex, as it is currently undergoing trial operations, in addition to Assiut Nat ...

Fujairah Adds Fourth Refinery in 2021

The Fujairah Port will get a fourth refinery in 2021 as Brooge Energy expects its 25,000 barrels per day (bbl/d) refinery producing low sulfur fuel oil to be launched in H2 2021.

Iraq to Export Fuel to Lebanon in 2021

Iraq will begin exporting fuel to Lebanon in 2021 using global prices, Iraqi Oil Minister, Ihsan Abdul Jabbar Ismail, stated.

Egypt Pumps 19,000 tons of Gasoline Daily

Egypt pumps about 19,000 tons of gasoline per day (t/d) denoting that the country has a sufficient stock of gasoline and petroleum products to meet any additional needs of the local market.

Petroleum Investments Surpass EGP 1.2 T in 6 Years

The petroleum sector’s investment rate over the past six years has surpassed EGP 1.2 trillion in addition to attracting about 90% of foreign investment to Egypt.

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