SH | Egypt Oil & Gas - Part 10

Egypt in Negotiations with Russia on LNG Shipment

The Egyptian government is currently in negotiations with Russia to open new international bids for shipments of liquefied natural gas.

Oil Ministry Aims to Deliver Gas to Homes, Reducing Imports

Egypt's petroleum sector aims to deliver gas to 3.5m housing units by the end of 2019, a source at the Ministry of Petroleum told Egypt Oil & Gas, adding that this move would reduce Egypt's annual imports of butane gas.

All Fertilizer and Cement Companies to Shift to Coal

The Ministerial Economic Committee has agreed to broaden the use of coal as an alternative fuel for natural gas in all fertilizer and cement factories. The decision is expected to be gradually applied, as appropriate ...

Additional 400,000 Units to be Connected to Gas Grid by March

The Egyptian government has set plans to connect the national gas grid to an additional 400 thousand units by the third quarter of the current 2015/2016 fiscal year. The plans will be funded by the world bank's recen ...

Abdul Ghani: 50,000 New Subscribers Officially Registered

Khaled Abdul Ghani, the project director for the fuel subsidy cards at e-Finance told Egypt Oil & Gas that 50,000 new subscribers were registered prior to the actual application of fuel stations in the governorates, ...

Local Stability of Dollar Saves Egypt 250m a Month

The stability of the local exchange rate for the US Dollar, will save the Egyptian government an estimated EGP 250m per month; a positive reduction that coincides with the low current Brent price of $28.94 (on Sunday ...

Tarek El Molla Meets with Bechtel’s Regional Head

Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed Egypt’s ongoing and future projects with David Welch, Bechtel’s President of the Europe, Africa, and Middle East region, according to a press rel ...

10 Thousand Petrotrade Workers on Strike

10 thousand workers at Petrotrade are on their 6th consecutive day of a wage increase strike. The strike is witnessed at the Giza, Cairo, Assuit, El Haram, Nasr City, and Masr El Gdida branches, Egypt Oil & Gas reports.

Government to Test LPG Card System

The government of Egypt is interested in implementing an LPG card system to help tackle black market, Egypt Oil & Gas reported.

Promotions and Transfers within the Industry

The Ministry of Petroleum and Mineral Resources, Tarek El Molla, approved the following list of promotions within State-owned companies:

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