Brent price decrease drives down subsidies in FY 2014/2015 budget to approximately EGP 55bn
Fuel oil, which is supplied into markets, is currently not subsidised, says…
EGAS to link 16 gas production wells during FY 2014/2015
Total local production to increase by 200m cubic feet
Total Egypt initiate feasibility studies for new investment
Construction of new facility is expected to start within two years
Petroleum ministry to add 80m cubic feet of gas to production daily throughout December
Two wells owned by Petrobel will be connected this month, with each…
Gas exploration bid to be offered early 2015 in 11 areas
Three areas in the Delta and eight in the Mediterranean Sea will…
Dana Gas, Egyptian government negotiate agreement, with UAE support
‘Egypt’s economic stability is a must’: UAE Minister of State Sultan Al-Jaber
Cement prices stable: Supply minister
No ministry obligation to stabilise prices, cement prices vary according to market…
FDI in oil and gas unaffected by Egypt’s instability
Political instability in Egypt and other Arab countries had negative effect on…
Cost of development behind stranded gas: Petroleum officials
Around 36 concession agreements in which 153 wells to be drilled have…
Government to re-pump gas to EBIC
EGAS pumps 60% of factories’ fuel needs after Sawiris donates EGP 2.5bn…