Latest in Tag: petroleum ministry Highlight
Latest in Tag: petroleum ministry

Ganope announces results of oil, gas exploration bid
The company received seven offers for five exploration sites of approximately 23,200 sqkm with at least $100.3m investments

1.1m butane gas cylinders available daily in Ramadan: Petroleum ministry
Butane gas consumption sees only slight rise of 3%-4% in Ramadan, says former EGPC Vice Chairman
Petroleum Ministry owes EGP 100bn to Finance Ministry
Petroleum agreements add interest rate on dues of government’s partners
Ministry of Finance refuses to finance import of liquefied gas
By Ahmed Tolba A meeting will be held in the coming days between officials from the ministries of Oil, Finance, and Electricity to agree on a solution to issues threatening the implementation of agreements to import liquefied natural gas in order to meet Egyptian power stations’ needs for fuel. An official from gas holding company …
Poor technical conditions in power stations worsen due to outages and wasted fuel: EGAS official
Petroleum ministry supplies fuel to electricity worth approximately $72m per day

Government allows private sector participation in renewable energy production: Electricity minister
Ministry of electricity seeks to address the electricity crisis by diversifying production sources to include solar and wind energy
EGP 200 fee issued on marble, granite and EGP 50 fee on sand: Abdel Nour
The Ministry of Industry and Trade issued an EGP 200 fee on each ton of marble and granite blocks, in addition to an EGP 50 fee on each ton of any kind of sand, according to statement made by Minister of Industry and Trade Mounir Fakhry Abdel Nour Tuesday. The ministry has banned the export …

ENPPI to implement new project in Venezuela worth $50m
The head of ENNPI signed contract of Venezuelan gas project

Petroleum Ministry to request additional EGP 4bn for fuel transport
Kamel stated that the amount of money allotted from Egypt’s yearly budget for petroleum subsidies would total EGP 100bn
Experts differ on practicality of prospective petrol quota
The “smart petrol card” programme seeks to provide taxi and microbus drivers with 30 litres of diesel per day.
Former Minister of Petroleum accused of squandering public funds
By Heba Fahmy CAIRO: Former diplomat Ibrahim Youssry announced in a press conference Wednesday that he will file several complaints to the Prosecutor General in a few days, accusing former Minister of Petroleum Sameh Fahmi of squandering public funds and uncovering the corruption in the ministry. Youssry said that there were around 100 oil companies that …