Tag: Egyptian General Petroleum Corporation

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

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

Shell asks EGPC to agree on Al-Abyad shale gas price

Studies to assess layers and reserves are being conducted to determine required…

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

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

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

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

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

Mohamed Adel