Fuel oil supplies non compliant with specifications behind increased summer electricity
The source said that during the summer, fuel suppliers offered fuel at…
Gas exploration bid to be offered early 2015 in 11 areas
Three areas in the Delta and eight in the Mediterranean Sea will…
Continuing decline in Brent prices positively impacts Egyptian economy
“We will not increase fuel imports because the financial resources are not…
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
Cost of development behind stranded gas: Petroleum officials
Around 36 concession agreements in which 153 wells to be drilled have…
EGPC will bear LNG import expenses through June: El Molla
The Ministry of Petroleum faced a financing crisis for LNG shipments for…
Tender to be offered for $1.5bn loan this November: El Molla
Ministry hopes to pay nearly $1bn of debts to foreign partners by…
No agreement reached for LNG arrivals by end of 2014
Government delayed signing with Hog Energi, led to lack of supply during…
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
Dana Gas signs agreement with EGAS, EGPC to drill 37 new wells
Company recently won bids for 2 Nile Delta concessions
