SH | Egypt Oil & Gas - Part 4

Egypt to Negotiating Benzene Imports

An official from the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that Egypt is in talks with several countries to import a total of 2.3m tons of benzene during 2017 in order to cover loca...

EGPC to Supply Gasoline, Diesel to Meet Local Demand

A source at the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that EGPC will pump 16,000 tons of gasoline, and 35,000 tons of diesel to gas stations all over Egypt by the start of March in ...

Electricity Ministry’s Debt to Oil Ministry Hit EGP 54b

A source from the Egyptian Natural Gas Holding Company (EGAS) stated to Egypt Oil&Gas that the Ministry of Electricity and Renewable Energy’s debt to the Ministry of Petroleum and Mineral Resources has hit E...

Finance Ministry Increases Cash Allocation to Oil Ministry

In a statement to Egypt Oil&Gas, the Egyptian General Petroleum Corporation (EGPC)’s CEO, Tarek El Hadidy, said that the Finance Ministry increased its allocations for the Ministry of Petroleum and Mineral R...

EGAS to Deliver Gas to 1.1m Consumers

First Undersecretary for Gas Affairs at the Egyptian Ministry of Petroleum, Mohamed Hassanien Radwan, stated to Egypt Oil&Gas that the Egyptian Natural Gas Holding Company (EGAS) plans to pump natural gas to 200,0...

GPC to Produce 6,000b/d of Crude Oil in 2017

The General Petroleum Company’s (GPC) Production Manager, Ahmed El Gedawy, stated to Egypt Oil&Gas that the company has set a new plan to raise its production rate during 2017. GPC is seeking to reach nearly...

Town Gas Company Provided Gas to 3.2m Customers

Chairman of Town Gas, Eng. Yasser Bahnas, told Egypt Oil&Gas that the company has provided gas to 3.2m housing units, which is in excess of 35% of the national plan to deliver gas to homes issued in 2015 under the...

EGPC, NBE Agreed on Gas Meters Installment

An official source at the Egyptian General Petroleum Corporation (EGPC) stated exclusively to Egypt Oil&Gas that the company agreed with the National Bank of Egypt (NBE) on the installments for gas meters at the h...

Egyptians Applied for Fuel Smart Cards

Smart Cards Manager at E-Finance, Khaled Abdel Ghany, stated to Egypt Oil&Gas that the number of Egyptian citizens who have applied for fuel smart cards reached 5.5m in January, out of 6.5m of eligible beneficiari...

Egypt to Boost Natural Gas Output

A source at the Egyptian Ministry of Petroleum and Mineral Resources stated to Egypt Oil&Gas that Egypt plans to increase natural gas production from 4.4bcf/d to 5bcf/d in 2017. The plan will be executed through c...

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