SH | Egypt Oil & Gas - Part 7

Egypt Spends EGP 13b on Fuel Imports

Egypt imports bill for petroleum derivatives including benzene, diesel and mazut, as well as liquefied natural gas (LNG), has reached EGP 13b a month.

Egypt to Import More Fuel

The Egyptian General Petroleum Corporation (EGPC) is considering to launch a tender to import 700,000 tons of benzene, diesel, and, mazut oil, with the Ministry of Finance securing $300m to buy the needed cargos by m ...

Egypt will Not Import Oil from Iran

Egypt is not in negotiations with Iran on crude oil imports, while the agreement with Saudi Aramco is still valid.

Egypt to Settle Power Plants’ Gas Bill

Starting January 2017, the Ministry of Electricity plans on settling it's outstanding dues of EGP 60b for gas purchases used in fueling power stations.

Egypt to Import 320,000t of Fuel

Egypt will import 320,000t of benzene and diesel per month during November and December in order to meet local demands and avoid fuel shortages.

Egypt to Fuel Cement, Fertilizers Plants with Coal

The Egyptian Cabinet is considering the usage of coal usage a fuel alternative to natural gas in fertilizers and cement factories starting January 2017.

Petrojet Executed $185m Contracts for Sonatrach

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met Petrojet's employees in Algeria to review their Sonatrach projects.

Egypt to Drill 20 Wells at Zohr Field

Petrobel's CEO confirms the drilling of 20 wells in Zohr and urges the importance of complying with global environmental regulations.

Egypt Addresses Fuel Shortages

A source with the Egyptian General Petroleum Corporation (EGPC) addresses concerns over supply shortages for petroleum products.

Egypt Combats LPG Shortage

The Egyptian government continues its efforts to monitor and regulate the distribution of Butane, with a push to increase supplies of gas tanks to meet household demands and avoid distribution bottlenecks.

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