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Petroleum and Mineral Resources Ministry keen to provide full support for mining investments, by quickly overcoming challenges, says Tarek El Molla
Aviation fuel price reaches 15 cents per gallon
Minister of Petroleum and Mineral Resources, Tarek El Molla, has asserted that the high-octane petrol and diesel production complex in Assiut governorate, with a total investment of about $3.4bn, will meet fuel needs of Upper Egypt in the coming period.
“We did a lot to settle foreign companies’ arrears,” says Petroleum Minister
The value of petroleum products exported by the Saudi Arabian company Aramco to Egypt beginning in May of this year and throughout the past four months has reached $1.2bn. This amount was estimated at 700,000 tonnes of fuel per month. Minister of Petroleum and Mineral Resources Tarek El-Molla told Daily News Egypt that the value …
The most recent statistics coming from the Egyptian General Petroleum Company show that the number of private and public registered fuel stations throughout the country totaled 2,700 by the end of 2011.
Ossama Kamal: The lack of fuel in Egypt has led to power outages
The Egyptian delegation, which will also meet with representatives from Toronto’s stock exchange, will seek to promote foreign investment in Egypt