Government fails to abide by payment schedule with foreign partners
The government is the reason behind the continued inability of the petroleum…
Foreign partners demand government repays dues before increasing investments
Foreign companies operating in the oil sector have linked increasing their investments…
EGPC guarantees loan with naphtha, crude oil revenues from Ras Gharib
Total dues owed to foreign partners in the petroleum sector currently stand…
Petroleum agreements stipulate interest on the government’s dues to its partners
All petroleum agreements stipulate an interest on dues owed by the government…
Government reduces gas to plants to solve power crisis
590m cubic feet of gas reduction for fertiliser and cement
Egypt’s power crisis worsens as outages approach five hours per day
Electricity deficit increases to approximately 6,180MW, no solution in sight
Government falls behind on repayment schedule for foreign oil companies
New due payment schedule yet to be determined; government offers bid for…
Government to import gas at $17 per million BTUs due to poor domestic gas production
EGAS seeks to encourage foreign partners to produce gas from Egyptian fields,…
EETC to offer international tender to implement Saudi Link project
The project will include the creation of a transmission line to transfer…
Talks terminate on creation of gas pipeline between Iraq, Jordan, and Egypt: Petroleum ministry
The goal was for the Iraqi gas line to supply Jordan with…