SH | Egypt Oil & Gas

Egyptian Arrears to IOCs Decreased

Egyptian arrears to IOCs decreased from $3.6b to $3.4b by end of April 2017.

Egypt to Import EGP 185b Worth Petroleum Products

Egypt will increase imports allocations from EGP 140b in 2017 to reach EGP 185b in 2018.

Egypt to Stop Energy Allocations in 5 Years

Egypt lift fuel subsidies over 5 years to reach zero allocations in the Egyptian budget. The allocations will be used for other fields, such as education and health.

Egypt Increases Smart Card Program Participation

E-Finance's Smart Cards Manager, Khaled Abdel Ghany, stated that 12,000 Egyptian citizens recently applied for fuel smart cards.

Egypt to Raise gas Import Allocations by $500m in 2018

The Egyptian Government allocated $3b to import gas in 2018.

Egypt to Pump 150mcf of Gas to Factories during April

150mcf of LNG were decided to be pumped to the stumbling factories during April.

Egypt to Boost Gas Production

Egypt's Ministry of Petroleum and Mineral Resources has approved its new plan, which includes developing the discovered gas fields, connecting them to the daily production forces, and increasing natural gas productio ...

Egypt’s Private Sector to Start Importing Gas by October

Egypt's Cabinet decided to regulate importing gas by private sector starting from October.

Government Debates Energy Subsidies in New Budget

The Egyptian Cabinet is having talks over the amounts allocated for fuel subsidies in the new budget of FY 2017/2018.

Egypt Aims to Secure 45 Days of Butane

EGPC's Chamber of Operation will implement a new strategic plan to fulfill the local demand of petroleum products.

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