Suez | Egypt Oil & Gas - Part 2
SCA Extends Discount Fees for Crude Oil Tankers
The Suez Canal Authority (SCA) is extending some of its decisions regarding the discounts granted for crude oil tankers passing through the Suez Canal until December 31. According to a publication issued by SCA’s offi...
EGPC: Suez-Portsaid Pipeline Resumes Activity
The Egyptian General Petroleum Corporation (EGPC) announced that the Suez-Portsaid pipeline will return to the service again after its rupture on December 2, Al-Ahram Gate reported. The pipeline was broken due to a lo... Egypt Allocates New Properties for EGPC
President Abdel Fattah El Sisi issued decree number 338 on August 1, to allocate three private properties in the Suez Governorate owned by the state for Egyptian General Petroleum Corporation (EGPC) to build storage a...
El Molla Follows up with $2.4 B Suez Complex
Minister of Petroleum Tarek El Molla has followed up with the progress of the benzene and diesel complex project in Suez, which costs around $2.4 billion, Egypt Oil & Gas reports. The complex’s capacity is of arou...
Ain Sokhna Pipeline Fire Kills 3
Three workers have died after a fire broke out in a natural gas pipeline at Ain Sokhna on March 31st, Al Ahram Newspaper reported. The accident occurred after a loader collided with the natural gas pipeline, which lie...
Siemens to Add 262 MW to Ras Ghareb’s Wind Farm
Siemens Gamesa Renewable Energy announced a 262 MW order for Ras Ghareb wind farm, located in Egypt’s Gulf of Suez, Renewables Now reported. The order was signed in Q4 2017 and was secured from a consortium involving ...
EGPC to Buy 202,000 Tons of LNG
Egyptian General Petroleum Corporation (EGPC) seeks to buy 202,000 tons of LNG to be received via Suez and Alexandria ports within October 2016, , reported Al Mal News. The news was uncovered through tender documentat...
Egypt’s Oil Ministry Mulls Revival of Seabird Bid in Gulf of Suez
The Ministry of Petroleum is considering a revival of the seabird (Tair al-Bahr) bid in the southern Gulf of Suez and the inclusion of an Egyptian partner in order to increase the role of Egyptian companies in oil exp...
