Tag: Egyptian General Petroleum Corporation

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

EGPC will bear LNG import expenses through June: El Molla

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

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

Egypt to reimburse share of foreign partner’s oil and gas revenues at $700m a month: Tarek El Molla

EGPC, petroleum sector companies register EGP 72.2bn profit during FY 2013/2014

Mohamed Adel

RWE injects $300m into its area of concession for FY 2014/2015

Germany’s RWE, a Suez Oil Company (SUCO) partner, has increased investment allocations…

Mohamed Adel

Gas imports from Israel to save Egypt $10 per million BTUs

LNG will not be sufficient to meet actual needs of all sectors:…

Mohamed Adel

UAE to provide Egypt‘s petroleum needs at $9bn for 1 year

UAE will provide Egypt with diesel, fuel oil, petrol and butane gas…

Daily News Egypt

Petroleum price hikes spark widespread outcry

“Thugs” forcing fuel stations to sell at old price yet police are…

Mohamed Adel

An EGP 2bn syndicated loan for EGPC to meet its needs

SAIB has arranged this syndicated loan which includes other 13 banks.

Doaa Farid

Minister of Petroleum signs nine agreements with $470m in investments

Agreements are the first to be signed since 2010

Daily News Egypt