Latest in Tag: Minister of Petroleum Highlight
Latest in Tag: Minister of Petroleum

Egypt finalises 12 gas exploration agreements: Petroleum MinisterÂ
Country’s arrears to foreign oil companies down to $850m in June, despite COVID-19, says El-Molla

Egypt’s gas output averages 7.2bn scf/day: 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 OPEC+ aimed at market stability: minister
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.

Minister of Petroleum, Apache CEO discuss increasing production in Western Desert
 El-Molla, Somali counterpart sign bilateral cooperation MoU

Egypt envisions energy as tool of regional peace, prosperity: El-Molla
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.

Egypt supplies natural gas to 1.2m households in 1Q 2020: El-Molla
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.

Idku liquefaction plant to work at full export capacity by June: El-Molla
Plant to process 1.13bn scf/day

Egypt to be regional gas hub after achieving self-sufficiency
Renewal of Singapore’s BW gasification vessel contract next year, says source

$10bn investments in petroleum exploration, production in FY 2018/19: El-Molla
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

USTDA supports Egypt’s energy infrastructure, creates market access for US companies
Important agreement, signed today, concrete example of cooperative work that US, Egypt pursuing to deepen, strengthen longstanding commercial, development partnership: Goldberger

Developing Egypt’s natural gas network essential for economic activity
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 …

Egypt’s petroleum minister meets Algerian counterpart to improve bilateral cooperation
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 …

 Petroleum Ministry introduces new octane 95 petrol with additives for improved performance
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 …

Subsidy reform is challenging for developing countries: El-Molla
Egypt suffered from its long-term subsidy strategy

2017 saw leaps in natural gas production: Tarek El-Molla
Petroleum Ministry aims to highlight Egypt’s success stories at EGYPS conference

El-Molla directs EGPC, Ganope, EGAS to intensify oil exploration
The Ministry of Petroleum aims to increase oil production to reduce reliance on imports

Foreign partners’ investments in 2017/2018 at $10bn: Minister of Petroleum
Commitment to pay the dues of partners led to increase their investments in the oil sector: El-Mulla

Egypt signs 3 new agreements for oil and gas exploration in Western Desert worth $79m  Â
US companies are an important partner in Egypt’s oil and gas sector: El Molla

Zohr fields to begin production before end of 2017
Total expenditure in the Zohr field amounted to $3.8bn

New gas projects to double Egypt’s production in 2020: Petroleum Minister
New refining projects over the coming 4 years will bridge the gap of oil, investments amount to $8.3bn

ECHEM considering implementing four projects worth $5bn
Propylene production studies to be completed next month in cooperation with Technip, Salah

Rent of 3rd gasification ship postponed as unneeded for 2017: Petroleum Minister
New gas projects increase production and meet demand, says El Molla

Petroleum subsidies expected to register EGP 56bn in FY 2015/2016
Investment of foreign companies totalled $7bn in 2015

Petrochemical projects studies being prepared within new Suez Canal Axis Development plan: Petroleum Ministry
“We are participating in implementation of two tunnels, for cars and trains, under canal north of Ismailia,” says Ismail

EGPC to pay $2.5bn in LNG imports during FY 2015/2016
El Molla assured that no Ministry of Finance budget will be allocated to import gas

Egypt, Jordan sign gas sector MoU: Petroleum ministry
Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply

EGPC to commence crude oil production in south Iraq by beginning of 2016: Chairman
1.1bn oil barrels of reserve for the “9” zone in Basra

Government pays 40% of foreigners’ dues
Decrease of Brent price lowers companies’ investments in Egypt

No petrol price increase in FY 2015/2016: Petroleum minister
Egyptian citizen’s economic situation does not allow change in prices, says Ismail

Ex-minister acquitted over suspect Israel gas deals
Verdict for former petroleum minister is latest in series of acquittals for Mubarak-era figures