Latest in Highlight
Country’s arrears to foreign oil companies down to $850m in June, despite COVID-19, says El-Molla
El Molla received a performance report by the Egyptian Natural Gas Holding Company (EGAS) for the first 10 months of the fiscal year (FY) 2019/20, from July 2019 to April 2020.
Egypt’s participation in the OPEC+ meeting aimed at a direct follow-up and coordination with the oil bloc and boosting the cooperation efforts and initiatives among the producers to achieve stability and sustainability of the world’s oil market,” al-Molla said in a statement.
El-Molla, Somali counterpart sign bilateral cooperation MoU
On the sidelines of the 2020 Egypt Petroleum Show (EGYPS), El-Molla said Egypt’s call for the establishment of the East Mediterranean Gas Forum aimed at transforming the country into a regional gas centre.
El-Molla revealed that the connection process was accelerated in the first quarter (Q1) of FY 2019/20, as the natural gas supply was extended to 21 new areas.
Plant to process 1.13bn scf/day
Renewal of Singapore’s BW gasification vessel contract next year, says source
Turnout by major international companies in ministry’s oil and gas exploration bids represents clear message of confidence of foreign companies in Egypt’s investment climate
Important agreement, signed today, concrete example of cooperative work that US, Egypt pursuing to deepen, strengthen longstanding commercial, development partnership: Goldberger
Projects to develop and improve the efficiency of Egypt’s national natural gas network are currently underway as gas transmission is essential for various economic and domestic activities across Egypt, said Minister of Petroleum Tarek El-Molla El-Molla explained that these developments are necessary to meet the increase in consumption and to accommodate the changes occurring in …
Minister of Petroleum Tarek El-Molla met with his Algerian counterpart Mustapha Guitouni to discuss possible projects through cooperation between the two countries. El-Molla explained that the two countries have an extensive history of cooperation, especially in terms of exporting Algerian petroleum products to fulfil Egyptian needs. These exports include liquefied petroleum gas exports as part …
A special octane 95 petrol will be introduced in Egypt for the first time. It will be customised by different petroleum products producers, and each will carry different trade marks, starting with Exxon Mobil and Total, Minister of Petroleum Tarek El-Molla announced at a press conference on Monday. The new petrol category will be priced …
Egypt suffered from its long-term subsidy strategy
Petroleum Ministry aims to highlight Egypt’s success stories at EGYPS conference
The Ministry of Petroleum aims to increase oil production to reduce reliance on imports
Commitment to pay the dues of partners led to increase their investments in the oil sector: El-Mulla
US companies are an important partner in Egypt’s oil and gas sector: El Molla
Total expenditure in the Zohr field amounted to $3.8bn
New refining projects over the coming 4 years will bridge the gap of oil, investments amount to $8.3bn
Propylene production studies to be completed next month in cooperation with Technip, Salah
New gas projects increase production and meet demand, says El Molla
Investment of foreign companies totalled $7bn in 2015
“We are participating in implementation of two tunnels, for cars and trains, under canal north of Ismailia,” says Ismail
El Molla assured that no Ministry of Finance budget will be allocated to import gas
Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply
1.1bn oil barrels of reserve for the “9” zone in Basra
Decrease of Brent price lowers companies’ investments in Egypt
Egyptian citizen’s economic situation does not allow change in prices, says Ismail
Verdict for former petroleum minister is latest in series of acquittals for Mubarak-era figures