SUMED | Egypt Oil & Gas - Part 2
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, Saudi Arabia Discussed Oil Cooperation
The Egyptian Minister of Petroleum, Tarek El Molla, met with his Saudi counterpart, Khalid Al Falih, to discuss methods of mutual cooperation between the two countries.
BESIX Orascom to Build $350m FSRU Pier in Ain Sukhna
Arab Petroleum Pipelines Company (SUMED) signed a contract with the Egyptian and Belgian consortium of BESIX-ORASCOM for the construction of a $350m pier and accompanying marine facilities in Ain Sukhna, in eastern E ... EBRD Offered to Fund SUMED Project
The European Bank for Reconstruction and Development (EBRD) has offered to fund the Arab Petroleum Pipelines Co. (SUMED) with $100m, based on a 10-year time-frame, to build a pier and petroleum products trading cente ...
SUMED Signs $100m Loan Contract with National Bank of Egypt
Minister of Petroleum and Mineral Resources Tarek El Molla witnessed the signing of an Egyptian loan contract to fund Phase 1 of the construction of a pier and a center for the trade and storage of oil products in Ai ...
Egypt, Kuwait Debate Joint Investment Strategies
Minister of Petroleum and Mineral Resources Tarek El Molla welcomed a delegation from Kuwait Petroleum Corporation (KPC) headed by Nabil Bourisly, the Managing Director of International Marketing, with whom he discus ...
Kuwait to Boost Oil Exports through Suez Canal
The Kuwait Petroleum Corporation has signed an agreement with Egypt’s Suez Canal Authority to boost the bilateral cooperation between the two countries and increase the number of Kuwaiti tankers to increase the Kuwai ... Oil Minister Makes Transfer in Sector
Minister of Petroleum and Mineral Resources, Tarek El Molla, has made the following transfer and promotion in the sector.
