Petroleum Products | Egypt Oil & Gas - Part 8

House of Representatives Approves Additional Fees for Gasoline

The House of Representatives has approved proposed fees on gasoline and its derivatives.

Egypt Cuts Gasoline Prices by EGP 0.25/liter

Egypt's Fuel Automaitc Pricing Committee announced that all gasoline types will be cut by about 25 piasters per litre, effective as of April 11.

El Molla Reviews Plans to Ensure Availability of Petroleum Products in Local Market

The Minister of Petroleum and Mineral Resources, Tarek El Molla, affirmed the availability of petroleum products across the local market and that there is a strategic plan in the works to cover the domestic market ...

Ethydco To Establish Ploybutadiene Project Worth $180 Million

The CEO of Ethydco Company, Abdel Mageed Heagazy, said that his company is planning to establish the first project in Egypt to produce polybutadiene with investment costs $180 million.

The Cabinet Invalidates New Fuel Prices

Hamdy Abdel Aziz, Spokesperson for the Ministry of Petroleum and Mineral Resources, invalidated the fuel prices shared on social media as of April 1.

CBE Announces Balance of Payments for H1 2019/20

Egypt’s balance of payments ran an overall surplus of $ 410.9 million in H1 2019/20 compared to an overall deficit of $1.8 billion in the same period in 2018/19.

Enppi, Petrojet Completes Ain Sukhna’s SUMED Product Hub Project

Enppi and Petrojet have successfully executed Ain Sukhna’s SUMED Product Hub to meet the local market needs from petroleum products, imports, storages, and re-exports.

Petroleum Products, Natural Gas Transports Record at 149.8 MMT

Approximately 149.8 million tons of petroleum products and natural gas has been transported during the Fiscal Year (FY) 2018/19, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

Achievements in the Petrochemicals Industry in Q1 2019/20

Egypt’s oil and gas sector managed to implement a number of new projects in the petrochemicals industry, execute an expansion strategy in infrastructure, in addition to following a plan to accelerate the delivery ...

Egypt Inks Agreement with Noble Energy

On the sidelines of the Africa Investment Forum 2019, held under the patronage of Egyptian President Abdel Fattah El Sisi, the Minister of Investment and International Cooperation, Sahar Nasr, inked a financing ag ...

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