Tarek El-Molla | Egypt Oil & Gas - Part 40
Tarek el Molla: EGP 15b Spent on Energy Subsidies in Q1
Tarek El Molla, Minister of Petroleum and Mineral Resources said that subsidies for petroleum derivatives in the first quarter of fiscal year 2015/2016 have reached EGP 15b, reported Egypt Oil & Gas.
Tarek El Molla: No Truth to Increase in Fuel Prices
During a press conference at the ministry of petroleum, Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that there will be no decrease in subsidies of petroleum products, reported Egypt Oil & Gas.
Tarek El Molla: Egypt to Issue New Bid Rounds Soon
Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry plans to issue several bid rounds for exploration throughout the year, by EGAS, EGPC, and Ganoub El Wadi petroleum holding company, ...
Tarek El Molla: Egypt to Continue Gas Imports for 5 Years
Tarel El Molla, Minister of Petroleum and Mineral Resources, said that that petroleum sector continues importing natural gas for the coming 5 years to meet the needs of electricity, and the local market, reported Egy ...
Egypt to Renegotiate Contracts with IOCs
Tarek El Molla, Minister of Petroleum and Mineral Resources, said that the ministry aims to renegotiate the current contracts with IOCs, in order to achieve economic balance between the foreign investor and state com ...
El Molla: Egypt to Import 2.2m Barrels of Crude from Kuwait
Tarek El Molla, Minister of Petroleum and Mineral Resources, confirmed that a key priority is increasing imports of petroleum derivatives, reported Egypt Oil & Gas.
Egypt Debt to IOCs Stands at $3b
During a press conference, Tarek El Molla, Minister of Petroleum and Mineral Resources, said that currently the debt owed to foreign oil companies stands at $3b, reported Egypt Oil & Gas.
El Molla Inspects MOPCO’s New Factories
Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that the ministry's strategy in the petrochemical industry is based on expanding the added value of natural gas through establishing many petrochem ...
