SH | Egypt Oil & Gas
Egypt to Import EGP 185b Worth Petroleum Products
An Official at the Egyptian General Petroleum Corporation (EGPC) told Egypt Oil&Gas that Egypt will need to increase the allocation for importing petroleum products from EGP 140b in 2017 to reach EGP 185b in 2018....
Egypt to Stop Energy Allocations in 5 Years
The Head of the General Division of Petroleum Materials, Hossam Arafat, stated exclusively to Egypt Oil&Gas that Egypt will lift fuel subsidies over 5 years to reach zero allocations in the Egyptian budget. The al...
Egypt Increases Smart Card Program Participation
E-Finance’s Smart Cards Manager, Khaled Abdel Ghany, stated to Egypt Oil&Gas that 12,000 more Egyptian citizens applied for fuel smart cards throughout this week, adding that the fuel smart cards system has ...
Egypt to Raise gas Import Allocations by $500m in 2018
An Official Source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that the Egyptian Government allocated $3b for gas imports in 2018, raising the gas imports allocations b...
Egypt to Pump 150mcf of Gas to Factories during April
An official source at the Egyptian Natural Gas Holding Company (EGAS) stated exclusively to Egypt Oil&Gas that 150mcf of LNG were decided to be pumped to the stumbling factories during April to avoid stopping the ...
Egypt to Boost Gas Production
An official source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that the Ministry of Petroleum and Mineral Resources has approved its new plan at the beginning of April ... Egypt’s Private Sector to Start Importing Gas by October
A governmental source stated to Egypt Oil&Gas that the Egyptian Cabinet decided to start regulating gas imports in October 2017, which will enable private sector companies to directly import gas. This decision com...
Government Debates Energy Subsidies in New Budget
Government source stated to Egypt Oil&Gas that the Egyptian Cabinet is in talks over the amounts allocated for fuel subsidies in the new budget of fiscal year 2017/2018. The Ministry of Finance and the Ministry of...
