El Molla Reviews Plans to Increase Production in Sinai, Eastern, Western Deserts

• Monday, 20th March 2023
• by Sarah Samir

Minister of Petroleum and Mineral Resources Tarek El Molla stated that the ministry's strategy to maximize production from natural resources works in complete harmony between the elements of the production system ...

Cairo, Riyadh Expected to Sign $21.5b Soft Loan Deals

• Wednesday, 6th April 2016
• by Egypt Oil & Gas

Saudi Arabia is expected to sign a $20b energy soft loan to finance Egypt's petroleum needs for the next five years and a $1.5b loan to fund 12 development projects in its Sinai region.