Tag: EGPC

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…

Daily News Egypt 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 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 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 Mohamed Adel

EGPC offers tender for loan this month to pay a portion of dues to foreign oil and gas companies

Petroleum ministry aims to pay $2bn-3bn of foreign dues by year-end

Mohamed Adel Mohamed Adel

Dana Gas signs agreement with EGAS, EGPC to drill 37 new wells

Company recently won bids for 2 Nile Delta concessions

Menna Samir Menna Samir

Gulf of Suez project exporting 270,000 tonnes of PET annually: EGPC official

The Polyester Producing Company, subsidiary of the Egyptian Petrochemicals Holding Company, exports…

Mohamed Adel Mohamed Adel

Upcoming period is busy time for petroleum industry: Petroleum minister

Although there will be a $2bn in debts to foreign partners by…

Mohamed Adel Mohamed Adel