SH | Egypt Oil & Gas - Part 2
Egypt’s Petrochemical Projects to Start Producing by May
An official source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that mega petrochemical projects will start providing the local market with fuel by May 2017. He pointed ...
Egypt Negotiates 250,000 Tons of Fuel Imports
An official source at the petroleum sector stated to Egypt Oil&Gas that the Egyptian government is currently conducting new negotiations with a number of foreign suppliers to import fuel for April and May. As the ...
Egypt’s Cabinet Aiming to Cut 25% of Imported Fuel Cost
An official source at the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that the Egyptian government is willing to reduce the energy consumption to avoid increasing energy subsidies alloca...
Sovereign Authorities Reject Petroleum Price Hike
A governmental official stated to Egypt Oil&Gas that sovereign authorities are strongly rejecting the raise in prices of petroleum products during the current fiscal year 2016/2017. The authorities demanded Prime ...
Egypt Air Dues to Petroleum Sector Increase
A source from the Egyptian Natural Gas Holding Company (EGAS) stated to Egypt Oil&Gas that Egypt Air’s arrears for the Egyptian General Petroleum Corporation (EGPC) increased from EGP 7b in December 2016 to ...
Egypt Seeks 2m tons of Fuel to Fill Gap
An official at the Egyptian General Petroleum Corporation informed Egypt Oil&Gas that Egypt needs around 2m tons of fuel annually in order to fill the gap between supply and demand. He added that EGPC is keen to ...
Egypt Can Contain Aramco’s Shipment Halts
Former Egyptian Minister of Petroleum, Osama Kamal, said to Egypt Oil&Gas that the country’s refineries can replace Aramco halted shipments, which were ceased in October 2016, especially as Egypt allocated a...
Natural Gas Pumping Saves $350m/m
First Undersecretary of Gas Affairs at the Ministry of Petroleum and Mineral Resources, Mohamed Hassanien Radwan, informed Egypt Oil&Gas that the Egyptian Presidency urged the delivery of natural gas to households...
