Petroleum Products | Egypt Oil & Gas - Part 9
Al-Sisi Inaugurates New Mostorod Project Worth $4.3 B
The Egyptian President Abdel Fattah Al-Sisi has inaugurated the Egyptian Refinery Company’s (ERC) project in Mostorod with investments of $4.3 billion, equivalent to EGP 70 billion, as it is one of the most impo...
Consumed Petroleum Products Declines 2.1% during 2018/19
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that the amount of consumed petroleum products declined by 2.1% to 77.4 million tons during the fiscal year (FY) of 2018/2019 compared to 79...
Copetrole Sells 6.5 mmt of Petroleum Products in FY 2019/20
Cooperation Petroleum (Copetrole) sold a total of 6.5 million tons of petroleum products in fiscal year (FY) 2019/20, Adel Ayad, the company’s Chairman, stated during the company’s general assembly. Copetrole sold abo...
Petroleum Sector Receives Investments of EGP 60.6 B in FY 2020/21
The Minister of Planning and Economic Development (MPED), Hala Al Saeed, said that EGP 60.6 billion of investments were allocated to upgrade the petroleum and mineral resources sector during fiscal year (FY) 2021/2020...
Egypt’s Largest High-octane Gasoline Complex to be Finalized by Q4 2020
Egypt’s largest high-octane gasoline complex, located in Assuit, is expected to be fully operational by the end of 2020, Minister of Petroleum and Mineral Resources, Tarek El Molla, stated. The $450 million project is...
Kamal: Egypt to Achieve Fuel Self-sufficiency Soon
Egypt will achieve self-sufficiency in diesel and gasoline very soon, Osama Kamal, the Former Minister of Petroleum and Mineral Resources told TEN. Kamal said that Egypt previously had a wide gap between production an...
El Molla: Egypt to Achieve Self-Sufficiency of Petroleum Products by 2023
The Minister of Petroleum and Mineral Resources, announced that Egypt will achieve self-sufficiency of petroleum products especially octane by 2023, according to the official Facebook page of the ministry. This came d...
El Molla Inspects Petroleum Projects in Gulf of Suez
The Minister of Petroleum and Mineral Resources, Tarek El Molla, visited a number of petroleum products projects in Agrood area at the Gulf of Suez to follow up on the executive situation according to their time plans...
