Tag: EGPC

Investments by foreign companies reach $8.5bn during current FY: Minister of Petroleum

$3.8bn investments of BP in Atul field for producing 300m cubic feet…

Mohamed Adel

Expansion of gas production tops state priorities for next period

Egypt currently consumes about 73m tonnes of oil, 33m tonnes of this…

Hossam Mounir

Egypt gas agreements: from production sharing to tax/royalty

All oil exploration and production concession agreements in Egypt have been operating…

Nagy Iskander

EGPC fails to provide cost of fuel for 13 ships held at Alexandria port: sources

The authority is paying $8,000 a day in waiting fees for the…

Mohamed Adel

BG demands government raise price of gas to $7 per million BTUs

After stopping 9B stage, BG asks government to raise the price of…

Mohamed Adel

International oil, gas exploration bid to be offered in 7 areas in Q1 of 2016

We target to increase oil production to 700,000 barrels per day during…

Mohamed Adel

EGPC negotiates with ADNOC to get fuel shipments with payment facilitations

EGPC is working on an agreement with Saudi Arabia, Kuwait, and the…

Mohamed Adel

Arrears to foreign oil companies stand at $3bn by December

Value of the debt decreased following a reduction in global oil prices

Daily News Egypt

EGPC presents monthly petroleum needs to International Cooperation Ministry

King of Saudi Arabia orders increase of investment and securing Egypt’s needs…

Mohamed Adel

EGPC urges Aramco to provide petroleum shipments worth $300m

Ministry of International Cooperation negotiating with Saudi Arabia on long-term petroleum facilities,…

Mohamed Adel