Ministry is keen to support development of General Petroleum company: Tarek El Molla
The General Petroleum company drilled 23 new wells, adding new reserves estimated…
Egypt negotiates with state-owned foreign companies to supply LNG requirements
Negotiations are with Rosneft, Gazprom, Sonatrach, and PetroChina, in addition to an…
Shell’s dues increase to $1.1bn in return for its share from El-Borollos, Rasheed gas fields
The government is taking its partner’s share, about $50m per month, and…
Ministry of Petroleum negotiates supply of 12 LNG shipments with foreign companies
Two additional shipments will be imported monthly during H2 of 2016, says…
Market controlled by expansion in gas imports: Ministry of Petroleum
The Gulf’s support reduced the pressure on the budget and stabilised consumption…
Ministry of Petroleum vows to allow BG to export liquefied gas through ADCO
BG withdrew its oil drills from the Borollos field in February before…
Oil company investments worth $7bn for FY 2016/2017
Gas production to increase to 4.5bn cubic feet per day in 2016
Ministry of Aviation’s petroleum dues increased to EGP 7bn by November
Debt increased due to the suspension of payment of the entire value…
Alaa Arafa’s Dolphinus signs letter of intent to import gas from Israel
Dolphinus' is expected to receive 4 BCM of gas per year over…
How the Ministry of Petroleum overcame Egypt’s energy crisis
$3.6bn of companies’ dues paid to encourage them to produce