subsidies | Egypt Oil & Gas - Part 3
Ghana Denied Subsidizing GOIL
Ghana’s Finance Minister, Seth Terkper, denied that government pays subsidies to the Ghana Oil company Limited (GOIL). EGAS Delivered Natural Gas to Homes in 25 Governorates
According to a report issued by the Egyptian Natural Gas Holding Company (EGAS), Vice Chairman for Planning and Gas Projects, Gamal Hegazy, stated that the total gas aggregation for homes in the fiscal year (FY) 2015 ...
Oman Revises Petrol, Diesel Prices
Oman’s Ministry of Oil and Gas has announced the revised petrol and diesel prices to be effective as of March. The prices for super grade and regular petrol decreased, while diesel price remained unchanged.
Additional 400,000 Units to be Connected to Gas Grid by March
The Egyptian government has set plans to connect the national gas grid to an additional 400 thousand units by the third quarter of the current 2015/2016 fiscal year. The plans will be funded by the world bank's recen ...
El Molla: Infrastructure Investment in the Sector Reached EGP 8.8b
Current infrastructure projects investments for receiving, transfer, and trading of petroleum products in Egypt have hit EGP 8.8b, Tarek El Molla, Minister of Petroleum and Mineral Resources told Al Mal.
IMF Recommends Bahrain to Adopt Further Austerity Measures
Bahrain has announced austerity measures in line with IMF recent recommendations, in a bid to return to international bond market and to finance its expanding budget deficit of 15% of the country's GDP.
Supplying Gas to 1.6m Households Aids Egyptian Budget
The EGPC is developing plans to connect homes in all provinces, delivering gas to 1.6m residential units, beginning with the slum areas during 2016.
SABIC Unconcerned Over Iran’s Petchem Competition
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals companies, downplayed the possible threat posed to Saudi Arabia's petrochemicals industry from Iran's reentry into the international oil ...
