ministry of petroleum

Egypt denies importing Iranian Oil: Petroleum Ministry
Business

Egypt denies importing Iranian Oil: Petroleum Ministry

  Sources from the Ministry of Petroleum have denied that Egypt has imported any crude oil or oil products from…
Egypt adds 15th developmental well to Noroos gas field
Egypt

Egypt adds 15th developmental well to Noroos gas field

  Minister of Petroleum Tarek al-Mulla announced the addition of the “Niduko South West 3” well to the production map…
Govt aims to sell fuel at its cost price: official
Egypt

Govt aims to sell fuel at its cost price: official

Spokesman for the Petroleum Ministry Hamdy Abdel Aziz said that the government aims to increase domestic production of petroleum products…
Egypt to provide UK with LNG Shipment soon: LNG World News
Egypt

Egypt to provide UK with LNG Shipment soon: LNG World News

The UK is expected to receive liquefied natural gas (LNG) shipments from Egypt’s Shell-operated Idku liquefaction plant soon, according to…
16 natural gas projects worth $25 bn planned in Mediterranean
Business

16 natural gas projects worth $25 bn planned in Mediterranean

Minister of Petroleum and Mineral Resources Tariq al-Mulla said that Egypt has many opportunities to support the growth of gas…
Egypt aims to cut fuel imports to 10 percent of consumption by 2019
Business

Egypt aims to cut fuel imports to 10 percent of consumption by 2019

Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy

IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation

The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…
Suez Canal revenues down 5.3% in 2015: chief
Business

Suez Canal revenues down 5.3% in 2015: chief

Egypt’s Suez Canal revenues dropped by 5.3 percent in 2015 to US$5,175 billion, down from US$5,465 billion, Suez Canal Authority…
Petroleum workers association in solidarity with striking gas sector
Egypt

Petroleum workers association in solidarity with striking gas sector

An association of petroleum workers has voiced their solidarity with the striking workers of the Egyptian state gas company, who…
Egypt to import Libya oil, pay down energy debt
Business

Egypt to import Libya oil, pay down energy debt

Egypt will import 900,000 barrels of oil a month from Libya starting in April and is paying off some of…
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