Tag: EGPC

Egypt reduces petroleum products subsidies to EGP 61bn during FY 2015/16: El Molla

Expected decline in fuel consumption is 5% during new fiscal year, says…

Mohamed Ayyad Mohamed Ayyad

1.1m butane gas cylinders available daily in Ramadan: Petroleum ministry

Butane gas consumption sees only slight rise of 3%-4% in Ramadan, says…

Rana Yehia Rana Yehia

EGP 126.3bn in oil product subsidies’ expenditure in FY 2013/2014: EIA

In 2013, Egypt’s total primary energy consumption was 1.7m barrels per day…

Rana Yehia Rana Yehia

Eni pumps $2bn in the Egyptian oil sector

Agreement signed between company and EGPC to modify gas prices, introduce new…

Daily News Egypt Daily News Egypt

Foreign partners’ dues now amount to $3.5bn: EGPC Official

Fuel subsidies were trimmed through this fiscal year to EGP 100bn to…

$2.6bn to provide market fuel requirements during summer: EGPC CEO

$1.6bn for importing diesel fuel shipments from June until August, says Tarek…

Mohamed Adel Mohamed Adel

Egypt seeks coal production increase despite solar power potential

Egypt’s coal consumption reaches 0.5m tonnes in 2013/2014, world consumption amounts to…

Shaimaa Al-Aees Shaimaa Al-Aees

Finalising procedures of $3bn loan in June: EGPC Chairman

Work is being finalised on the procedures of obtaining a $3bn loan…

Mohamed Adel Mohamed Adel

EGPC to pay $2.5bn in LNG imports during FY 2015/2016

El Molla assured that no Ministry of Finance budget will be allocated…

Mohamed Adel Mohamed Adel

EGPC to commence crude oil production in south Iraq by beginning of 2016: Chairman

1.1bn oil barrels of reserve for the “9” zone in Basra

Mohamed Adel Mohamed Adel