planning budget

ASORC, PPC Budget Allocates EGP 7 B in Investments for Improving Efficiency

Minister of Petroleum and Mineral Resources Tarek El Molla announced that the new budget for Assiut Oil Refining (ASORC) and Petroleum Pipelines Company (PPC) allocates EGP 7 Billion worth of investments to improv ...

Khalda, Qarun to Invest $1 b in Western Desert During 2021/22

Khalda Petroleum Company and Qarun Petroleum Company announced that they will pump around $1 billion investments in the Western Desert during the fiscal year (FY) 2021/2022, as Khalda targets to invest $830 millio ...

EGAS: Natural Gas Production to Reach 7.2 bcf/d

The Egyptian Natural Gas Holding Company (EGAS) announced that it plans to sign three development contracts worth $377.7 million in and complete drilling ten wells in Delta and the Mediterranean (FY) 2021/2022.

GUPCO to Invest $562 MM in FY 2020/21

The Chairman of Gulf of Suez Petroleum Company (GUPCO), Mohamed El Meligy, stated that the company has allocated $562 million its planning budget for the fiscal year (FY) 2020/2021 for investments to implement pro ...

Egyptian Electricity Holding Targets EGP 32.4 Billion Investments in 2020/21

The chairman of Egyptian Electricity Holding Company, Gaber Desouki, announced that his company is targeting implementing EGP 32.4 billion investment projects during the fiscal year (FY) of 2020/2021.

EGAS to Sign Seven Agreements Worth $690 MM in FY 2020/21

the Egyptian Natural Gas Holding Company (EGAS) targets to sign seven agreements with a cost of $690 million and a signature bonus estimated at $16 million, EGAS Chairman Osama El Bakly said while discussing the c ...

Ganope to Boost Petroleum Production by 17%

Ganoub El Wadi Petroleum Holding Company (Ganope) is targeting to raise its petroleum production by 17% in its Fiscal Year (FY) 2020/21 plan

El Molla Reviews Rashpetco’s Budget for FY 2019/20- 2020/21

The Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla, headed Rashpetco’s general assembly meeting to review the amended planning budget of Fiscal Year (FY) 2019/20 and the planning budget for FY 20 ...

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