Tag: EGPC

$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

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

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

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

Continuing decline in Brent prices positively impacts Egyptian economy

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

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

Cost of development behind stranded gas: Petroleum officials

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

Daily News Egypt

EGPC will bear LNG import expenses through June: El Molla

The Ministry of Petroleum faced a financing crisis for LNG shipments for…

Mohamed Adel

Tender to be offered for $1.5bn loan this November: El Molla

Ministry hopes to pay nearly $1bn of debts to foreign partners by…

Mohamed Adel

No agreement reached for LNG arrivals by end of 2014

Government delayed signing with Hog Energi, led to lack of supply during…

Mohamed Adel