Tag: EGPC

$23.5bn agreements signed in oil, gas, mining sector at Summit

Largest contribution in the sector made through BP

Doaa Farid Doaa Farid

Public entities debts to EGPC amount to EGP 195bn by end of January: El Molla

Prime Minister Ibrahim Mehleb formed a committee to fix the current financial…

Mohamed Adel Mohamed Adel

$6bn foreign company investments in FY 2015/2016: El Molla

Total foreign investment, which is being pumped this year, is estimated at…

Mohamed Adel Mohamed Adel

$2.7bn needed to complete Egyptian Refining Company project implementation: Commercial Director

Contract signed to supply diesel production to EGPC at global prices for…

Mohamed Adel Mohamed Adel

Gas supplies to cement plants permanently stopped, fuel oil sent instead: EGAS

Operating Helwan, Al-Qawmeya, and Al-Katameya plants only due to their link to…

Mohamed Adel Mohamed Adel

Fuel oil supplies non compliant with specifications behind increased summer electricity

The source said that during the summer, fuel suppliers offered fuel at…

Mohamed Adel Mohamed Adel

Gas exploration bid to be offered early 2015 in 11 areas

Three areas in the Delta and eight in the Mediterranean Sea will…

Mohamed Adel Mohamed Adel

Continuing decline in Brent prices positively impacts Egyptian economy

“We will not increase fuel imports because the financial resources are not…

Mohamed Adel Mohamed Adel

Government hopes to pay full debts owed to foreign partners over coming 6 months

Debts owed to foreign companies have plagued all governments since 2008

Mohamed Adel Mohamed Adel

Cost of development behind stranded gas: Petroleum officials

Around 36 concession agreements in which 153 wells to be drilled have…

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