SH | Egypt Oil & Gas - Part 7

Egypt Spends EGP 13b on Fuel Imports

An official with the petroleum sector stated to Egypt Oil&Gas that Egypt imports bill for petroleum derivatives including benzene, diesel and mazut, as well as liquefied natural gas (LNG), has reached EGP 13b a mo...

Egypt to Import More Fuel

In a statement to Egypt Oil&Gas, a source from the Egyptian oil and gas sector stated that the Egyptian General Petroleum Corporation (EGPC) is considering to launch a tender to import 700,000 tons of benzene, die...

Egypt will Not Import Oil from Iran

The Egyptian Ministry of Petroleum Spokesperson, Hamdi Abdel Aziz, stated to Egypt Oil&Gas that Egypt is not in negotiations with Iran on crude oil imports. Abdel Aziz confirmed that the agreement with Saudi Aramc...

Egypt to Settle Power Plants’ Gas Bill

A source with the Egyptian Natural Gas Holding Company (EGAS) stated to Egypt Oil&Gas that starting January 2017, the Ministry of Electricity plans on settling it’s outstanding dues of EGP 60b for gas purcha...

Egypt to Import 320,000t of Fuel

An official from the Egyptian General Petroleum Corporation (EGPC) stated to Egypt Oil&Gas that the country will import 320,000t of benzene and diesel per month during November and December in order to meet local ...

Egypt to Fuel Cement, Fertilizers Plants with Coal

An official in the oil and gas sector stated to Egypt Oil&Gas that the Egyptian Cabinet is considering the usage of coal as a fuel alternative to natural gas in fertilizers and cement factories starting January 20...

Petrojet Executed $185m Contracts for Sonatrach

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with employees from Egypt’s Petrojet, who are located in Algeria, to review work done for Algerian Sonatrach, worth $185m, reported A...

Egypt to Drill 20 Wells at Zohr Field

Petrobel’s CEO, Atef Hassan, stated that plans for Egypt’s giant Zohr field include the drilling and continuation of 20 wells, as well as the installation of 20 deep wellheads underwater. Additionally, the...

Egypt Addresses Fuel Shortages

A source with the Egyptian General Petroleum Corporation (EGPC) ensured Egypt Oil&Gas that the amounts of diesel, benzene and butane pumped into the market are enough to cover local demands, despite claims of supp...

Egypt Combats LPG Shortage

In a press release to Egypt Oil&Gas, the Egyptian Ministry of Petroleum stated that the government continues its efforts to monitor and regulate the distribution of Butane, with a push to increase supplies of gas ...

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