SH | Egypt Oil & Gas - Part 12
Tarek el Molla: EGP 15b Spent on Energy Subsidies in Q1
Tarek El Molla, Minister of Petroleum and Mineral Resources said that subsidies for petroleum derivatives in the first quarter of fiscal year 2015/2016 have reached EGP 15b, reported Egypt Oil & Gas.
Exclusive: Zohr’s Financial Agreement & Seismic Data
Egypt Oil & Gas was able to obtain maps, and financial details regarding the Zohr discovery.
GPC to Boost Production by 5,000 b/d
Ahmed Jiddawi, Chairman of the General Petroleum Company (GPC) production department, said that his company has devised a new production plan meant to up production to approximately 5000 b/d of crude oil. This was af ...
Zohr Improves Egypt’s Worldwide Ranking
A source at the Petroleum Ministry told Egypt Oil & Gas that Eni's recent giant gas discovery "Zohr", with 30 tcf of gas reserves, will raise Egypt's worldwide petroleum ranking to 12 instead of 18, reported Egypt Oi ...
Khaled Abdel Badie: Egypt Will Not Obtain a 4th FSRU
Khaled Abdel Badie, Chairman of EGAS, explained that while originally Egypt planned to rent a fourth Fuel Storage and Regasification Unit (FSRU), the Shorouk discovery has deemed the move unnecessary, reported Egypt ... Tarek El Molla: Egypt to Issue New Bid Rounds Soon
Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry plans to issue several bid rounds for exploration throughout the year, by EGAS, EGPC, and Ganoub El Wadi petroleum holding company, ...
Tarek El Molla: Egypt to Continue Gas Imports for 5 Years
Tarel El Molla, Minister of Petroleum and Mineral Resources, said that that petroleum sector continues importing natural gas for the coming 5 years to meet the needs of electricity, and the local market, reported Egy ...
El Molla: Egypt to Import 2.2m Barrels of Crude from Kuwait
Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that a key priority is increasing imports of petroleum derivatives, reported Egypt Oil & Gas. 
