SH | Egypt Oil & Gas - Part 5

GUPCO to Increase Production

A source with Gulf Of Suez Petroleum Company (GUPCO) stated to Egypt Oil&Gas that the company plans to increase its production in fiscal year 2017/2018 from its EDFO concessions, Balayeem concessions and Tour Sina...

Aramco’s Shipments Remain Halted

A source at the Egyptian Ministry of Petroleum and Mineral Resources stated to Egypt Oil&Gas that Saudi Aramco did not send January fuel cargos. Thus the 700,000 tons cargo of petroleum derivatives was halted for ...

Egypt to Add 300,000 Households to Gas Grid

A source at an Egyptian natural gas company stated to Egypt Oil&Gas that Egyptian Holding Gas firms plan to pump natural gas to 300,000 households by April 2017. This plan will start by delivering natural gas to a...

Egypt to Lift Butane Subsidies by 2019

A source at the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that the Egypt will lift subsidies from butane bottles, for wealthy citizens, by 2019 after applying butane coupons that are ex...

Egypt to Halt Diesel, Mazut Supplies to Power Plants

A source with the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that the oil and gas sector received governmental instructions to stop pumping diesel and mazut to electricity power plants. ...

Egypt to Fuel Industries with Coal

A source at the Egyptian Ministry of Petroleum and Mineral Resources stated to Egypt Oil&Gas that Egypt will  generalize the usage of coal in manufacturing as an alternative to natural gas starting May 2017. The u...

EGAS to Pump 500mcf/d of Gas to Factories

An official at the Egyptian Natural Gas Holding Company (EGAS) stated to Egypt Oil&Gas that EGAS will pump 500mcf/d of gas to factories during January 2017 in order for the factories to continue work and to avoid ...

Egypt to Pay for Halted Fuel Cargoes

A source with the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that the Egyptian Ministry of Petroleum and Mineral Resources will receive $250m from the Ministry of Finance within January ...

Egypt to Import Fuel from UAE

A source with the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that Egypt is negotiating with the United Arab Emirates (UAE) to import petroleum derivatives such as benzene, diesel, and bu...

Egypt Delayed Fuel Price Hikes

A governmental official stated to Egypt Oil&Gas that the Egyptian government led by Prime Minister, Sherif Ismail, decided to delay increasing fuel prices to May 2017. This came in hopes to linking the price hikes...

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