SH | Egypt Oil & Gas - Part 14

El Molla in Talks with Downstream Companies on Fuel Supply

The minister of petroleum and mineral resources, Tarek El Molla, met last week with the heads of Misr Petroleum, Co-operation Petroleum, and Total Egypt to discuss issue of fuel supply.

EGAS Announces Results of Mediterranean Bid Round

EGAS announced the result of the 2015 international exploration Mediterranean bid round, reported Egypt Oil & Gas.

Ministry of Petroleum: Strategic Gasoline Reserves Enough for 15 days

In a statement to Egypt Oil & Gas, Hamdi Abdel Aziz, the Ministry of Petroleum’s official spokesman, confirmed that the country's strategic reserve of gasoline is sufficient for 15 days. He added that currently the ...

Ministry of Petroleum Offers Incentives to Investors

In a statement made to Egypt Oil & Gas, a source at the Petroleum Ministry revealed that new incentives were being enacted for the coming period to attract foreign investors.

250,000 Households to Be Connected to National Gas Grid in 2015

In a statement made to Egypt Oil & Gas, an EGAS official reveled that connecting 250,000 households to the national gas grid is in progress, and to be finalized during the current year.

Tarek El Molla: Energy is the Engine for Development and National Aspirations

Minister of Petroleum and Mineral Resources Tarek El Molla affirmed that there were priorities laid out by the petroleum sector, such as onshore and offshore exploration, especially in the deep layers in the Nile Del ...

Egypt Saved EGP 30b as Oil Prices Dip

Sources at the Petroleum Ministry revealed to Egypt Oil & Gas that the global price of oil reaching $48 a barrel will save the state nearly EGP 30b during the current fiscal year (FY) alone, as the government has set ...

EGAS to Resume Gas Supply to Factories Gradually

EGAS still is refraining from supplying to MOBCO, Misriya 1 and 2, Nasr, Helwan, Alexandria, and APEC fertilizer factories thanks to the continued rising fuel demands of power plants, an EGAS official explained in s ...

Amr Mostafa: Fuel Strategic Reserve Partially Depleted

In a statement made to Egypt Oil & Gas, EGPC Vice Executive Chairman for Operations, Amr Mostafa said that while the quantities of fuel pumped to stations during the feast (Eid-Al-Adha) were sufficient to meet the ne ...

EGPC’s Plan to Avoid Power Shortage in Eid

Egypt Oil & Gas (EOG) learned that EGPC is currently working on ensuring that no power outage occurs during the coming Eid Al Adha. EGPC has set a plan to pump 270,000 tons of diesel, 34,000 tons of fuel oil, 124m cu ...

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