Revenues | Egypt Oil & Gas

ERC’s Margins Push Qalaa Holdings’ Revenue Up to EGP 97.7 billion in FY 2022

Qalaa Holdings Company has announced that it has achieved remarkable growth in its revenues reached to EGP 97.7 billion in the fiscal year (FY) 2022 compared to EGP 4.1 billion in FY 2021 increasing by 113% driven ...

EMC Achieves EGP 7.2B in Revenues in 2022

Minister of Petroleum and Mineral Resources Tarek El Molla highlighted the continuation of the ministry's strategy in supporting petroleum entities and achieving optimal utilization of all its expertise

ERC Contributes 80% to Qalaa Holdings Revenues in 2022

Qalaa Holdings's consolidated revenues reaching EGP 26.981 billion in the second quarter of 2022, making a 165% year-on-year (YoY) increase.

Egypt Targets $10B Worth of Natural Gas Exports in FY 2022/23

Minister of Petroleum and Mineral Resources Tarek El Molla has declared that Egypt aims to export $8.5 to $10 billion worth of natural gas during the fiscal year 2022/23.

Egypt Records $13B in Petroleum Exports in Nine Months 

The Minister of Finance Mohamed Maait has announced that Egypt achieved petroleum exports worth $13 billion with surplus $4 billion during the first nine months of the fiscal year (FY) 2021/22.

SCA Records Highest Monthly Revenues of $704M

The Chairman of Suez Canal Authority (SCA) Osama Rabie announced that Suez Canal recorded the highest revenues of July 2022 amounts to $704 million which is the highest per month compared to $531.8 million in July ...

Centamin Announces 11% YoY Production Increase in Q2 2022

In the announcement of its quarterly performance results for Q2 2022, Centamin reported increased gold production of 110,788 ounces (oz) for the three months ending on June 30, an 11% increase compared to the same ...

Suez Canal Revenues Reach a Record $7B in 2022/21

Suez Canal Authority (SCA) Chairman Osama Rabie announced that navigation data in the Suez Canal’s revenues achieved an unprecedented record during the fiscal year (FY) 2022/21 reaching $7 billion which is the hig ...

Egypt’s Gas Export Revenues Reach $3.892 B in First Four Months of 2022

Egypt's natural gas and liquefied natural gas (LNG) export revenues increased by 98% to reach $3.892 billion in the first four months of 2022.

Qalaa Holdings Revenues Grow by 27% YoY Driven by Energy Subsidiaries

Qalaa Holdings announced strong revenue growth of 27% year-on-year (YoY), recording EGP 45.8 billion in 2021, through the strong performance of its subsidiaries, especially the Egyptian Refining Company (ERC) and ...

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