Latest in Tag: petroleum minister Highlight

Latest in Tag: petroleum minister

Minister of Petroleum and Mineral Resources Engineer Tarek El Molla

New high-octane petrol complex established with $450m investments: Petroleum Minister

Tarek El Molla, Minister of Petroleum and Mineral Resources, inspected the progress in the AssiutPetroleum Geographical Zone, which includes the companies (Assiut National Oil Professing Company “ANOPC”, Petrogas, Al Taawon Petroleum, Petroleum Arrows Company,  and Nile Petroleum). He said that establishing projects and pumping new investments in the region does not stop, based on the vital role and importance of securing fuel …

Daily News Egypt

Egypt to launch 2 exploration, production international bids: petroleum minister

The Ministry of Petroleum and Mineral Resources intends to put forward two international bids for oil and gas exploration and production in 2018 in 27 concessions, said Petroleum Minister Tarek El-Molla on Monday. El-Molla explained that the Egyptian General Petroleum Corporation (EGPC) bid will include 11 concessions, five of which are in the Western Desert, …

Mohamed Samir

EGP 135bn spent on subsidies for current fiscal year

By the end of the current fiscal year the amount spent on subsidies will reach approximately EGP 135bn, compared to the EGP 129 billion spent the previous year, according to Al Al-Mula. Petroleum Minister Sherif Ismail predicted that subsidies for petroleum products for the coming fiscal year will reach about EGP 140bn in case prices …

Daily News Egypt

Gasoline shortage hits Egypt, tempers flare

By Maggie Michael / AP CAIRO: Across Egypt, long lines of cars and trucks snake around the corner from gas stations, drivers spend the night in their vehicles waiting for fuel at the pumps, and gas stations attendants complain of receiving only half their usual quantity of fuel — or none at all. Days into an …


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